Pareto optimum

publication date 08.03.2014

Pareto optimum shows balanced state of society in which no individual or group can no longer achieve a better position without that would in turn worsen the position of someone else.

Pareto optimum defined Vilfredo Pareto, an Italian economist.

Advisor ideas

„The system only works provided that the management makes its part.“ more >>

Jiří Střelec Jiří Střelec

Every management system generates results and a more effective performance only if it includes everybody and everybody uses it properly. If the management regards the system only as a pro forma profit-making tool for the workers, the system is never going to work as it should.

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