This is the blog of Ronald Bartels that wanders on and off the subject of problem management (that is how it started), but it is best described by Ray who says this is Daddy's thoughts! Like the best music is from the Eighties and a wee dram helps in solving most inconveniences.
The pareto of human interaction and social media
The Pareto principle (also known as the 80/20 rule) states that, for
many events, roughly 80% of the effects come from 20% of the causes.
Management consultant Joseph M. Juran suggested the principle and named
it after Italian economist Vilfredo Pareto, who noted the 80/20 connection while at the University of Lausanne in 1896, as published in his first paper, "Cours d'économie politique".
Essentially, Pareto showed that approximately 80% of the land in Italy
was owned by 20% of the population. Typically in business, "80% of sales
come from 20% of clients". Richard Koch authored the book, The 80/20 Principle,
which illustrated some practical applications of the Pareto principle
in business management and life. Mathematically, the 80/20 rule is
roughly followed by a power law distribution (also known as a Pareto
distribution) for a particular set of parameters, and many natural
phenomena have been shown empirically to exhibit such a distribution.