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How can businesses stay relevant, prepare for future change, and survive in our rapidly changing world? With as much change as we’ve seen in recent years, it’s not enough for organizations to piecemeal new processes and ideas. Lasting and impactful change comes from a total transformation, a necessity for modern businesses.
In The Quality Control Handbook , Juran called it "The Law of the Vital Few." The cumulative impact of this small change can be profound. Much later, Joseph Moses Juran , one of the fathers of the quality movement, called the insight the "Pareto Principle" and applied it beyond economics. write down what you are about to do.
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