Thursday, July 15, 2010

Pareto 80:20 rule




According to the Pareto Principle 80% of the effects of a situation come from 20% of its causes. It is also known as the 80:20 rule. Many have experienced it in the real life. In other words, an individual who carries out certain activities, (20%) accounts for a majority of the individual's happiness and output (80%).


Have you ever applied this rule, professionally or personally? How successful were you in applying this rule?


In my opinion, one should strive to strengthen 100 % of the activities, only then it will be possible to maximise output from the 20 %.

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Adviser and Development Professional for Cement Manufacturing, Concrete and Construction. Arbitrator. Motivational Speaker.