Posts Tagged ‘80/20 Rule’

Vilfredo Pareto (1848-1923) was an Italian economist who, in 1906, observed that twenty percent of the Italian people owned eighty percent of their country’s accumulated wealth. Over time and through application in a variety of environments, this analytic has come to be called Pareto’s Principle, the 80-20 Rule, and the “Vital Few and Trivial Many…