.::output >> /dev/null::.

where otherwise good ideas go to waste

80/20 rule - What I never knew

Posted by Nicholas Chen Fri, 12 Aug 2005 05:45:30 GMT

Pareto principle - Wikipedia, the free encyclopedia: "Pareto principle"

(Via How To Work Less And Succeed More.)

Some things that I found interesting:

  • It's known as the Pareto Principle!
  • But, it was first proposed by Joseph M. Juran, so it should be called Juran's Assumption!
  • It is a cause and effect statement; so using it like such: "20% of individuals in an organization perform 80% of the work" is not a valid statement since it is not known that the individuals contributeto the progress of work.

Posted in , | no comments |

Trackbacks

Use the following link to trackback from your own site:
http://blog.vazexqi.com/trackbacks?article_id=98