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The Pareto principle (80/20 rule) could drive outcomes

By Hicbd
Mon Dec 6 2021 9:17 am

"The Pareto principle (a.k.a. the 80/20 rule) dates all the way back to 1906, when famed Italian economist Vilfredo Pareto observed that 80% of Italy’s land and wealth was owned by 20% of its population...Over time, the 80/20 distribution was observed in a variety of circumstances, and eventually the Pareto principle evolved to become today’s more general definition of 80% of outcomes are driven by 20% of efforts."

URL:
https://www.freshbooks.com/blog/ways-to-apply-the-8020-rule-to-increase-productivity
https://www.lifehack.org/840576/what-is-the-80-20-rule

URL Credit

Categories:
Personal Productivity / Concentration / Focus Business Strategy

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