Pareto, Juran, and Your “Vital Few”
Lead Change Blog
APRIL 20, 2018
In late nineteenth-century Italy, about twenty percent of the people owned eighty percent of the land. Economist Vilfredo Pareto didn’t think much about that until he noticed that twenty percent of his peapods produced eighty percent of all his peas. He wrote about the phenomenon and added equations to describe it, but he never called what he found by any particular name.
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