Pareto’s 80/20 Principle

The road to innovation

is riddled with extreme uncertainty.

At any given point in time,

there are often a myriad of possible data points to consider

and actions to take.

But Pareto’s 80/20 principle also applies here –

where 80% of your results will only come from 20% of your efforts.

The key question, of course, is what 20%?

Incorrect prioritization of risk is one of the top contributors of waste.