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The Pareto Principle, or the 80/20 rule, offers a powerful framework for school business managers to focus their efforts on the tasks that drive impact and improve efficiency Chances are, you’ve heard ...
Only it’s not a rule at all. It’s a bit of pseudoscience that draws upon the Pareto principle from business management. This principle, also known as the “law of the vital few”, states ...
Since no empirical evidence has ever been given, nor can it ever be given—what's hidden is inherently unmeasurable—I assume that 80% was suggested by a Pareto Principle fan club member.
He previously has described the 80/20 approach, based on the Pareto principle that 80% of outcomes occur from 20% of causes, as aligning resources to drive results. "What 80/20 does for us is it ...