What is the Pareto principle?
Table of Contents
Who Introduced It?
Well-known Management consultant Joseph M. Juran. He Told 80% of a problem is caused by 20% of the causes. also it works like 80% of activity 20% results or 20% activity course 80% results. This principle and named it after Italian economist Vilfredo Pareto it was built on observations of his such as that 80% of the land in Italy was owned by about 20% of the population.
What is Insanity?
Doing the same thing over and over but expecting a
Who Said About Insanity and why is it important?
Most famously known as Albert Einstein was got credited with claiming he introduced this as a definition of insanity like doing the same thing over and over again but expecting different results”. but there no 100% proof he is the one who exactly said that but after the show it off it become well know quotes for us to learn.
How the Pareto principle Vs Insanity Change Our Lives?
This is the best part of this post. That what I want to explain here for counzila visitors. so even both sayings are great, if you do the same thing over and over expecting different results even you do 80% work that causes 20% of results. so if you do thing different applying 80/20 rule and make sure that not the same thing over and over.
if something you tried 80% of your resources and did not work then try something different that make 20% results to measure what you did. Hope you got our point here.
Should you use It in your Everyday Life? Please comment below if you see this message or message us privately and share your experience here at m.me/counzila