WebFeb 9, 2024 · The Pareto Principle, also known as the 80-20 rule, is a concept that many have adopted for their life and time management. It is the idea that 20% of the effort, or … WebAug 23, 2013 · Quality management pioneer Joseph Juran (1904–2008) recognized a universal principle he called the “vital few and trivial many”: 20% of the causes are responsible for 80% of the results. In his 1950 article “ Pareto, Lorenz, Cournot, Bernoulli, Juran and Others “, which appeared in the book Critical Evaluations in Business and ...
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