Time Management – Pareto’s Law

Time Management – Pareto’s Law Time management is an efficient tool of performing the tasks within a given time limit. In this context, Vilfredo Pareto found a law i.e., 80-20 law. Origin The law can find its roots in the year 1906. Pareto was working on finding the explanation to the economic disparities in the world. His theory had many takers and backed by various experts of that era. One of them was Dr Juran who observed that it can be applied not only to any particular field of study but also in general. Meaning This 80-20 rule lays the emphasis on the lesser of anything. It says that the greater of anything is the least important. As his findings …