The Pareto
principle (also known as the 80/20 rule, the law of the vital few), according
to Wikipedia, states that, for many events, roughly 80% of the effects come
from 20% of the causes.
It has since become an axiom of business management that "80% of sales come from 20% of clients".
RELATED: https://www.ceo.co.ug/2018-ugandas-19-banks-rake-in-ugx790bn-profit-5-banks-still-loss-making/
Thank You For Reading CEO East Africa Magazine.
Please SUBSCRIBE for UNLIMITED ACCESS to our game-changing stories or LOG IN for existing members.