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Tag Archives: pareto

6Sigma Tools: Pareto Analysis

published on June 11, 2012

The Pareto principle, most commonly known as the 80-20 rule, is known by business owners as the simple fact that 80% of your problems are caused by 20% of the people. Really the theory was about wealth and power distribution, but the …

Posted in Change Management, Continuous Improvement, Operational Excellence, Six Sigma, Six Sigma Tools | Tagged , , , , , , , | Leave a comment

Using the Pareto Chart

published on November 21, 2011

You hear about this rule all the time from management, human resources and just about any business guru you can think of, so what exactly is it and how do you use it? The Pareto Chart, based on the Pareto …

Posted in Change Management, Continuous Improvement, Operational Excellence, Six Sigma | Tagged , , , | Leave a comment