Friday, October 10, 2008

Rule 20-80

Rule 20-80 states:

  1. 20% people have 80% wealth.
  2. 20% of your customers generate 80% revenue.
  3. 20% of your employees complete 80% of their assignments.
  4. 20% of your reading is enough to provide 80% knowledge.
  5. 20% of your effort generates 80% of your expected outcome.
  6. 20% of a software fulfills 80% of your requirements.
  7. and so on ...

The rest 80% usually gives you only 20% and can be ignored if you love free time and higher productivity. The trick is to identify the 20%.

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