Kim ran a successful professional services firm with a staff of 28 and clients in a dozen states. But when she shared her 2017 goals with me, I saw something that gave me pause. There, under her ...
Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. Andy Smith is a Certified Financial Planner (CFP®), ...
The Pareto Principle, also known as the 80-20 rule, is a powerful concept that can transform your approach to data analysis. This principle states that roughly 80% of effects come from 20% of causes.
In many applications, you can quantify the priority or severity of a problem with a measure such as the cost of repair or the loss to the customer expressed in man-hours. This example shows how to ...