The Pareto Principle, also known as the 80/20 rule, is a pattern stating that 80% of results, benefits, or effects come from 20% of causes or actions. It is an observation that frequently applies across various fields, indicating an uneven distribution of factors’ impact on final outcomes. The Pareto Principle emphasizes the importance of identifying and focusing on the key 20% of factors or actions that generate the greatest value or impact, which can be leveraged to optimize processes, manage resources, and achieve more effective results.
Słownik