In the 1940s, Joseph M. Juran coined the “80-20 rule,” which posits that there are a “vital few and trivial many” or that 20 percent of the causes drive 80 percent of the results. He named his rule ...

In 1906 the Italian engineer, sociologist, economist, political scientist and philosopher Vilfredo Pareto offered a mathematical assertion to explain the disparity of wealth distribution in his ...

Or maybe we should make that a slightly qualified wow, because, truth be told, Vital Few went on a good 15 minutes more than was strictly necessary. Perhaps that reflects how it was made: collectively ...