CEO of The 20, an exclusive consortium for Managed Service Providers (MSPs) aimed at dominating and revolutionizing the IT industry. The Pareto Principle, or the 80/20 rule, states that 20% of any ...
The Pareto Principle is very simple, yet very important. It is named after Italian economist Vilfredo Pareto, who, in 1906, found that 80% of the land in Italy was owned by 20% of the population. What ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...
I first encountered the term “Pareto Principle” in my MBA class many summers ago. Named after the Italian economist Vilfredo Pareto, the principle is also known as the “80/20 Rule,” a concept that ...
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