Display title | Pareto principle |
Default sort key | Pareto principle |
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Date of page creation | 14:50, 6 February 2024 |
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Article description: (description ) This attribute controls the content of the description and og:description elements. | The Pareto principle states that for many outcomes, roughly 80% of consequences come from 20% of causes (the "vital few"). Other names for this principle are the 80/20 rule, the law of the vital few or the principle of factor sparsity.
In 1941, management consultant Joseph M. Juran developed the concept... |