80/20 rule
Imbalanced input-output ratio
The 80/20 rule is the observation that roughly 80 percent of outcomes come from 20 percent of causes.
Also called the Pareto principle, it appears across domains: 80 percent of sales come from 20 percent of customers, 80 percent of problems stem from 20 percent of causes.
The ratio is approximate—the insight is that inputs and outputs are rarely distributed evenly.
Focus on the 20 percent of tasks that produce 80 percent of your results.
- efficiencyProductive without waste
- principleFundamental truth or standard
- leverageBorrowed capital for amplified returns
- productivityOutput relative to input
- optimizationMaximizing efficiency or performance
bang for buck · low hanging fruit · needle mover · imbalance · focus · priority · shortcut · inequality · distribution · effort · results · economics · heuristic · power law · diminishing returns · concentration · impact · wealth
- Rules of thumbOccam's razor, KISS principle, less is more
- prioritizationranking, priority list, ordering, urgency, urgent
- Power Lawslong tail
- Strategy ToolsSWOT analysis, SWOT, gap analysis, competitive analysis, stakeholder analysis
80/20 rulenormal distribution
Bell-shaped probability curve
bell curve · parity · equality · fairness