Creating a Pareto Chart in Excel (Video Lesson)

Wilfredo Pareto was an economist who looked at the wealth distribution of Italy in a different manner. He created the famous 80/20 rule in which the critical few and the trivial many need to be separated. Pareto's principle has been applied to many different industries and situations over the years. According to Pareto, in most cases, 20% of a process potential cause(s) may contribute to 80% of the process potential symptoms. The tool has been extremely important in providing the quality practitioner with focus and prioritization when dealing with any process improvement program.

While many of us have advance software to quickly plot data into quality tools such as the Pareto Chart, there are some who do not have access to these tools. With that in mind, we have prepared a 10-minute video lesson on How to Create a Pareto Chart in Excel without the need to install any ad-ons or specific macros. Enjoy the video lesson posted below (a link is also provided at the bottom of this post). Please let us know if we can be of any further help. If it looks a bit blurry at the beginning, just give the HD quality a few seconds to load. 

We would also like to wish everyone in our community of learners a very successful and peaceful 2014. We hope to see you in one of our webinars, open enrolment courses, or consulting engagements. Happy New Year everyone!

Video Lesson on YouTube: 

https://www.youtube.com/watch?v=TuVeQ9Q5Eqs