Friday, July 29, 2011

Pareto Principle

As a mathematician, I studied many theories and principles. The one that I particular fond of is that Pareto Principle, commonly known as the 20/80 rules.

The 20/80 rules is simple. For example: 80% of inefficiency can be eliminated by optimizing 20% of the code. 80% of the time, an application run with 20% of the code. 80% of the worth is distributed among the top 20% of the population, 20% of the staff requires 80% of worth to care, etc, etc, etc.

I like this principle for two reasons: universal application and efficiency measure.

I found myself applying this principle everyday. Its board application allow me to frame the strategy and maximize my efficiency.