Pareto Principle (80/20 Rule)

 

Pareto Principle (80/20 Rule):

➡️ 80% of results come from 20% of efforts, inputs, causes, or resources.

Easy Examples:

  • Business: 80% sales come from 20% customers.

  • Inventory (ABC/Material Mgmt): Top 20% items contribute 80% value (Class A).

  • Time Management: 20% tasks give 80% productivity.

  • Marketing: 20% campaigns generate 80% leads.

Where Useful:

✔️ Decision-making
✔️ Prioritization
✔️ Inventory control
✔️ Productivity
✔️ Cost reduction

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