http://www.qualitymanagers.com/taxonomy/term/79/0 The idea that a few root problems are responsible for the large majority of consequences. en http://www.qualitymanagers.com/pareto-principle <p>The idea that a few root problems are responsible for the large majority of consequences. The Pareto principle is derived from the work of Vilfredo Pareto, a turn-of-the-century Italian economist who studied the distributions of wealth in different countries. He concluded that a fairly consistent minority – about 20% – of people controlled the large majority – about 80% – of a society's wealth. This same distribution has been observed in other areas and has been termed the Pareto principle. It is defined by J.M. Juran as the idea that 80% of all effects are produced by only 20% of the </p> <p><a href="http://www.qualitymanagers.com/pareto-principle">read more</a></p> Pareto principle Wed, 15 Nov 2006 17:17:33 -0500 joseph 53 at http://www.qualitymanagers.com