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The Pareto Principle (80/20 rule) was named after Vilfredo Pareto. He observed that 80% of income in Italy went to 20% of the population. Business management thinker J. Juran suggested the principle and named it after the Italian economist.
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February 2021
Introduction to Value Management - Fostering Innovation
Learn about VM and the link to innovation by watching Past President Mike Pearsall...