Pareto's Principle~~ 20/80 Rule. Daily reminder that 20% of your work is really important in any given moment; therefore, focus 80 % of your time, energy and talents that 20 percent. Don't just "work smart", work smart on the “right things”. How It Can Help You.
Daily reminder that 20% of your work is really important in any given moment; therefore, focus 80 % of your time, energy and talents that 20 percent.
Don't just "work smart", work smart on the “right things”.
Pareto noticed that 20% of the population owned 80% of Italy's wealth.
After Pareto made his observation, he created a formula.
Many others observed similar phenomena in their own areas of expertise.
Quality Management pioneer, Dr. Juran, in the 1930s recognized a Universal Principle he called the “Vital Few & Trivial Many".
As a result, the principle that 20 percent of something always are responsible for 80 percent of the results.
You can apply the 80/20 Rule to almost anything, from the science of management to the physical world.Where It Came From
The principle is reflected in the Human Gestation period. The embryonic period constitutes 20% of the whole, with fetal growth taking up the rest of the time.
20% of carpet accounts for 80% of wear.
20% of the time spent on a project accounts for 80%
of the results.
Sizes of meteorites.
(a few large, many small)
Mundane …We wear our 20% most favorite clothes about 80% of the time.
Perhaps, we spend 80% of the time with 20% of our friends.
United Nations Development Program Report
20% of criminals account for 80% of the crimes! hamlets/villages)
If we take the ten wealthiest individuals in the world, we see that the top three, Warren Buffett, Carlos Slim Helú, & Bill Gates, own as much as the next seven put together.Wealth
20% of time (effort) accounts for 80% of results. hamlets/villages)
20% of clients are responsible for 80% of sales.Revenue
20% of causes are responsible for 80% of consequences. hamlets/villages)
80% of consequences flow from 20% causes.Cause and Consequences
Later Late Immediate Early Laggards
Balk, it Reluctant Embrace, Step Back, Destroy
will not 1st no then + spin, but open, Momentum
work. will try. help others will do it.