IDEAS home Printed from https://ideas.repec.org/h/spr/mgmchp/978-3-030-69901-7_14.html
   My bibliography  Save this book chapter

Pareto Analysis

In: The Lean Healthcare Handbook

Author

Listed:
  • Thomas Pyzdek

    (The Pyzdek Institute)

Abstract

Vilfredo Federico Damaso Pareto was a nineteenth century renaissance man. He was an Italian engineer, sociologist, economist, political scientist, and philosopher. He made several important contributions to economics and he also contributed to the fields of sociology and mathematics. But, more important for our purposes, he is also known for the 80/20 rule, named after him as the Pareto principle. For continuous improvement purposes, the 80/20 rule states that 80% of the problems are due to 20% of the causes. For example, a few suppliers were responsible for most supplier-related quality problems. When you are trying to improve a process, the Pareto Principle is an excellent way to sharpen your focus to the critical few sources that are causing most of the problems.

Suggested Citation

  • Thomas Pyzdek, 2021. "Pareto Analysis," Management for Professionals, in: The Lean Healthcare Handbook, edition 2, chapter 14, pages 157-164, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-030-69901-7_14
    DOI: 10.1007/978-3-030-69901-7_14
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:mgmchp:978-3-030-69901-7_14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.