What is 80 20 rule ?
Who Created the 80 20 rule ?
- The principle was suggested by management thinker Joseph M.Juran.
- It was named after the Italian economist Vilfredo Pareto, who observed that 80% of income in Italy was received by 20% of the Italian population.
Where can you apply ?
- In Daily life
- Business
- Designing
- Job
- Taking Decisions etc....
Examples :
