CHAPTER #10
The
Powerful Pareto Principle
Could a simple analysis of your workload make 80 percent of it disappear?
The Amazing Discovery in an Italian Garden
Vilfredo Federico Damaso Pareto was born in Italy in 1848. He would go on to
become an important philosopher and economist. Legend
has it that one day he
noticed that 20 percent of the pea plants in his garden generated 80 percent of
the healthy peapods. This observation caused him to think about uneven
distribution. He thought about wealth and discovered that 80
percent of the land
in Italy was owned by just 20 percent of the population. He investigated different
industries and found that 80 percent of production typically came from just 20
percent of the companies.
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