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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.

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