It was Joseph Juran, a management thinker who called the '80-20 rule' the Pareto principle. This '80-20 rule' has been found to apply in all walks of life and fits a variety of dental situations.

It was later applied to business management as a way to measure the effectiveness of resource distribution and adjust resource allocation based on results. The Pareto Principle states that 80% of ...

When applied to sales, the 80/20 rule (also called the Pareto Principle) means not only that 80 percent of your sales will come from 20 percent of your customers but also that 80 percent of your ...

That interesting ratio has since been applied to ... standard economic principle by which businesses and organizations moderate their expectations. Some refer to this as “Pareto’s Rule ...

80% of results typically come from 20% of causes, per the Pareto Principle ... Here are some ways you can apply this principle to business -- but remember, of course, that the 80/20 breakdown ...

By taking advantage of the principle's hidden potential, you can make huge gains in your daily productivity. You can apply the Pareto principle to many areas in life, considering how ...

The 80-20 rule is also known as the Pareto principle and is applied in Pareto analysis. It was first used in macroeconomics to describe the distribution of wealth in Italy in the early 20th century.