1. Pareto’s Law Simple is Beautiful

2. The Rule

3. History Italian economist 1906 discovery that 80% of the land was owned by 20% of the population His findings have been very widespread

4. The Rule In Economics: Connections between population & wealth Sampled other countries similar findings 1992 UN Development Program Report found that 20% of the worlds population controlled 82.7% of the world’s income

5. The Rule Computer Software: Microsoft By fixing 20% of reported “bugs” 80% of errors & crashes were eliminated 80% of the web traffic occurs during 20% of the time 80% of computer code has 20% of the errors

6. The Rule Occupational Health & Safety 20% of work hazards cause 80% of the injuries In the USA 20% of patients use 80% of the health care resources

7. The Rule Law & Order 20% of criminals cause 80% of the crimes

8. The Rule In Business: 80% of a companies profits come from 20% of its customers 80% of complaints from 20% of its customers 80% of sales come from 20% of your products 80% of your sales come from 20% of your sales staff

9. The Rule It’s Everywhere!

10. The Rule At home! 20% of your cloths – worn 80% of the time 20% of drinkers consume 80% of the beer 80% of traffic jams happen on 20% of the roads

11. The Rule Personal Takeaways: 80% of our achievements & happiness take place 20% of the time