The Vital Few and the Trivial Many

"The Vital Few and the Trivial Many" is a principle that highlights how a small number of causes often produce the majority of effects. For example, in business, a few key customers may generate most sales, or a handful of problems might be responsible for most issues. Recognizing this allows prioritization—focusing efforts on the vital few can lead to significant improvements. This concept emphasizes efficiency by identifying where the greatest impact can be achieved with minimal resources, helping organizations or individuals concentrate on the most influential factors rather than spreading efforts evenly across many minor ones.