Pareto Principle
The 80/20 Rule, or Pareto Principle, posits that around 80% of outcomes stem from 20% of causes. This principle, named after economist Vilfredo Pareto, reflects the idea that a minority of efforts or inputs often yields the majority of results. Whether in business, economics, or time management, the 80/20 Rule underscores the importance of identifying and prioritizing the most influential elements for greater efficiency and effectiveness.
