80/20 Principle by Pareto

Pareto principle also paraphrased as 80/20 principle is simple effective problem tackling way in management. It says that 20% of your problems lead to other 80 % of problems.

The Pareto Principle was propounded by Vilfredo Pareto (1848-1923) when he observed that 20 percent of the people of Italy owned 80 percent of the wealth. This concept of disproportion often holds ..........

to read more http://www.csun.edu/~jmotil/Pareto.pdf

It was in 1897 that an Italian named Vilfredo Pareto began studying patterns of wealth and income in 19th century England. Pareto attempted to mathematically......

to read more http://www.theevansgroupllc.com/pages/articles/The80-20Rule.pdf