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What is the 80/20 principle in a consulting context?

A A small proportion of causes typically accounts for most of the effect
B Work should take 80% of the available time
C Only 80% of data is reliable
D Clients pay 80% upfront

Answer

A small proportion of causes typically accounts for most of the effect

Identifying which 20% drives the outcome is what allows a defensible answer without exhaustive analysis.

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