Typically, pareto analysis is one of the first analyses I conduct in any new situation. It is great for creating a quick and comprehensive fact base on an organization’s costs, sales, customers, products, services, partners, customer service issues, and just about anything else.
As a strategic leader, a lot of your responsibility is to focus the efforts of people and work, and the pareto principle & analysis should be your go to analytic tool to support you in your efforts.
To get you going on the Pareto Principle, download the free and editable Pareto Excel Worksheet.
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