Original Research
Pareto analysis: Diagnosing investments in managerial ego
South African Journal of Business Management | Vol 14, No 3 | a1154 |
DOI: https://doi.org/10.4102/sajbm.v14i3.1154
| © 2018 C. G. Robinson
| This work is licensed under CC Attribution 4.0
Submitted: 24 October 2018 | Published: 30 September 1983
Submitted: 24 October 2018 | Published: 30 September 1983
About the author(s)
C. G. Robinson, School of Business Leadership, University of South Africa, South AfricaFull Text:
PDF (238KB)Abstract
Managers frequently state that 80% of profits or sales are derived from 20% of the product range. Though lip service is paid, the concept often is not applied as a tool for resource allocation and discrimination between a portfolio of products or business units. This article explains how managers can use the technique of Pareto analysis to identify different strategic categories as a guide to the allocation of resources and management attention.
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