#20 10-80-10 Rule: Why Is It Crucial To Achieve Success?

#20 10-80-10 Rule: Why Is It Crucial To Achieve Success?

The 10-80-10 rule extends the Pareto principle that 20% of the population generates/owns 80% of productivity/wealth. Statistics and research show this ratio. This notion is applied to human behavior via the 10-80-10 rule. People may switch categories since it’s flexible. The 10-80-10 guideline for a firm is: Rule Description Highly Productive Elite (10%) Core workers,…