HR Analytics

How to Apply the 80/20 Rule to Your Employees

How to Apply the 80/20 Rule to Your Employees

The little things are what account for the biggest results. This is the concept behind the Pareto Principle – the law of the vital few – which states that for many events, roughly 80% of the effects come from 20% of the causes. Initially, this concept was used only to refer to the distribution of wealth among people. But experts suggest that this can be applied to many other things, including organizations.