Maximizing Efficiency and Productivity: How to Combine the Pareto Principle and the Principle of Marginal Gains
January 22, 2023•618 words
The Pareto principle, also known as the 80/20 rule, states that roughly 80% of effects come from 20% of causes. This principle can be applied in many different fields, including business, economics, and personal productivity. In business, for example, the Pareto principle suggests that 80% of a company's sales come from 20% of its products or customers.
The principle of marginal gains, on the other hand, is the idea that small, incremental improvements can lead to significant overall improvemen...
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