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The 80/20 Principle: The Secret to Success by Achieving More with Less
Category:
Recommended Library
Description:
A useful explanation of the Pareto Principle [in many cases the majority (typically 80%) of outputs are due to a minority (typically 20%) of inputs. For example 80% of orders come from 20% of customers, 20% of parts have 80% of the value]. The '80/20 rule' has many applications to Predictable Success™ - particularly in the design and implementation of 'adequate' as opposed to 'perfect' systems.
URL: http://tinyurl.com/rlkps
Author: Richard Koch
: United States
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Added: Jul 14, 2006
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