Thursday, November 08, 2007

80 / 20 Rule

The 80/20 Rule is also known as "Pareto's Principle." Vilfredo Pareto, a 19th century economist, found that 80% of production volume generally comes from only 20% of the producers.

The original observation was in connection with income and wealth. Pareto noticed that 80% of Italy's wealth was owned by 20% of the population. He then carried out surveys on a variety of other countries and found to his surprise that a similar distribution applied.

It also applies to a variety of more mundane matters: we wear our 20% most favoured clothes about 80% of the time, we spend 80% of the time with 20% of our acquaintances etc.

So does that mean to the safety of the workforce - are they safe 20% of the time or 80%?
or
are they in fact working unsafely 80% of the time and working safely 20%?????????


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safety photos
Safety photos and a few safety jokes - Original jokes are copyright

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