Choose Language

News from RandMate

For this site users, Thank you for supporting us for more than five years, its unfortunate to say that our mediafire account is deleted. Randmate Will Bounce Back within a week time! Thanks for the current and regular site users.

April 26, 2012

The 8020 Principle The Secret to Success by Achieving More With Less

The 80/20 Principle tells us that in any population, some things are likely to be much more important than others. A good benchmark or hypothesis is that 80 per cent of results or outputs flow from 20 per cent of causes, and sometimes from a much smaller proportion of powerful forces.Everyday language is a good illustration. Sir Isaac Pitman, who invented shorthand, discovered that just 700 common words make up two-thirds of our conversation. Including the derivatives of these words, Pitman found that these words account for 80 per cent of common speech. In this case, fewer than I per cent of words (the New Oxford Shorter Oxford English Dictionary lists over half a million words) are used 80 per cent of the time.


Trending Now. . .

Twitter Delicious Facebook Digg Stumbleupon Favorites More

Design by RANDJITH | Bloggerized by Randjith - Subscribe to Learn in Tamil | coupon codes