Management

  1. Home
  2. Business & Finance
  3. Management
photo of F. John Reh

John's Management Blog

By F. John Reh, About.com Guide to Management since 1997

Pareto's Principle - The 80-20 Rule

Monday May 5, 2008
Are you looking for ways you can make better use of your time to get more done. Let's start with the 80/20 Rule.

Also known as Pareto's Principle, the 80/20 Rule says that 20 percent of something always are responsible for 80 percent of the results. Twenty percent of the agents sell eighty percent of the properties; twenty percent of the products have eighty percent of the flaws. Quality Management pioneer, Dr. Joseph Juran, called the phenomenon "vital few and trivial many". The article Pareto's Principle - The 80-20 Rule explains the 80/20 Rule in more detail and tells how you can use it to more effectively manage many different aspects of your life.

Comments

No comments yet. Leave a Comment

Leave a Comment

Line and paragraph breaks are automatic. Some HTML allowed: <a href="" title="">, <b>, <i>, <strike>

Discuss

Community Forum

Explore Management

About.com Special Features

Building Your Small Business

Get the best tips on starting up and staying competitive. More >

Best Moves in a Bad Economy

Stay on top in this tough economy with our smart, easy-to-follow financial tips. More >

Management

  1. Home
  2. Business & Finance
  3. Management

©2009 About.com, a part of The New York Times Company.

All rights reserved.