The crook of the matter being that deal with the rest later. Most, after dealing with the 20% of note by putting in that 20% effort for 80% outcome, never go back and work on that ignored 80% issue to complete the final 20% of outcome, often resulting in that missed outcome becoming the new problematic 20%.
My personal opinion is it makes a good starting point. Further examination adjusts the percentages to be greater or lesser making the split more accurate. Basically it is like all heuristics, useful to make an on the fly judgement but not to make precise decisions. Precise decisions require precise information.
I was obsessed with the 80/20 rule that I read anything about it. Then I realized I spent 80% of my time reading about it and only 20% actually applying it 😂
A LOT of companies rely on this to justify all kinds of poor management choices, like distribution of bonuses and raises, firings and hiring, promotions, and customer service. It is far better to do the research and statistical analysis.
And furthermore, as a superior, 20% of your staff not only cause 80% of your problems and use up 80% of your precious time, they are also responsible for 80% of your quality issues and 80% of your absentism rate. I found that out, after having statistically analyzed these figures in different teams.
80% of people will make the error of conflating category with entity. E.g., the 20% of Italians who own 80% of Italy change over time (because of death, bankruptcy, etc.).
I use the rule as a way to constantly prioritize, to do this you have to keep determining the 20%, you can't do it just once, and of course, for the rule to work, issues/customers/etc can't all be equal
I see this at work...20% of us provide 80% of the productivity. Seeing as the remaining 80% of people get to stay and be lazy/useless, can you guess who's productivity has dropped off over the years? My favourite response these days is "As soon as you get the rest of the crew doing that/that much, I'll join in."
Technically, there is. If you know the basics or fundamentals of a given subject (i.e. the "20%") you either already know or easily deduce a large remainder of said subject (i.e. the "80%"). For example, if you know the basic facts of WWII, you should be able to deduce the answer to the majority of the answers on a WWII test without having to study or memorize those particular answers and questions. Problem is so many districts (at least in the US) focus on getting kids to be "creative" that learning, memorizing, and utilizing the basics gets pushed to the side. As a result, you get kids who can create a bunch of projects, but never actually know what is their project was about.
@@patricklee8088 thanks for your insights I have to know the main idea and the details as it’s written and understand it So it would be the key words related to 20% content right?
@@knw-seeker6836 If we're talking about something like a literary, historical, or scientific text, then yes knowing 20% of the related vocabulary will definitely take you a long way. If we're talking about a high school vocab quiz for English or an elementary school spelling test, not so much.
Very interesting concept. Perhaps explained by some universal but yet to be explained phenomenon of human consciousness. Perhaps related to social conformity theories as shown in the Asch and other similar experiments.
No, it's far more likely based in the science of chaos and associated fractal patterns which are an emergent property observable in both natural and human-developed systems.
its negligible but alot of these numbers tend towards 21 percent, so if we do follow this rule, its better to trend towards more work rather than less..
I don't think we should be asking how or where does this work but rather why does this work there are a lot of patterns in nature like golder ratio and fibanachi sequence to name a few but why? are they the result of some other properties of the universe if so what does that mean???
If reality was just complete, random chaos, we wouldn't be here to perceive it, nothing would. That anything is worth any note at all is is both reason and result of the universe having some order in it. You wanna ask why? That's what Faith is for. You wanna find out how far this goes and what can be done with it? That is the work of Science.
I coached my kid’s soccer team a couple years ago, more or less 20% of the players scored 80% of the goals. Of course there were variables like if they played as attackers or defenders, but the 80/20 rule was applicable.
I have a rule : try to focus on 3 things you want to accomplish in one day , if you manage to be successful in two , your batting average is up there with Babe Ruth. Multiple your average by the days you work or do your thing.
If, say, at a seminar you figure that 80% the time someone is talking it's just someone from a narrow 20% group of seminar attendants and that group doesn't include you, you can feel demotivated and end up musing that the world is unfair, etc. You could, instead, just speak up and alter the dynamic. Basically, any time the Pareto principle is used to slot oneself or someone else as _inevitably_ being part of the 20% or the 80%, giving up on any more fine-grained analysis, it is used poorly (even when used correctly).
The comments are full of people complain about how this has been used to make/justify poor business decisions and practices, perhaps there is something there.
Is the warning of Pareto maybe worth another video? I've often heared of paretos principle but never of that warning and it sounds like it applies to many cases.
Food and entertainment. In a week, eat 80% healthy food and 20% not (so) healthy and go out 20%. 20% that would be fast food, candies, chocolate,... and going out, having fun on Friday and Saturday afternoon/night.
I wonder if this rule really just results from normal distribution statistics. Of any normal distributed sample 80% will be about 1.5 standard deviations from the mean, leaving 20% in the extreme tails beyond 1.5 standard deviations (Roughly). So saying 20% of the work leads to 80% of the outcome is erroneous. You still have to do 100% of the work, you can't cherry pick that magic 20% out of the sample. Really its of your total work, 80% will be representative of your mean productivity with 20% being outliers from extreme good or bad performance. So if you can figure out why 20% of your work was abnormal and mitigate that you can potentially improve your mean productivity. Goes to show patience, perseverance, and planning are the main ps of productivity.
Pareto found the rule was different in different countries. In Eastern Europe it was a 90%/10% rule; 90% of the land was owned by 10% of the population. In the UK it was a 70%/30% rule; 70% of the land was owned by 30% of the people.
Knowing that the 80/20 Rule exists doesn't make life or work easier. It's not easy to understand what falls within the 20%. Imagine being given some work, and you decided to spend time trying to apply this rule. While you're still figuring things out, your boss comes to see your progress. Good luck telling your boss that you were trying to use the 80/20 rule and haven't started working yet
But you _have_ started working. Your premise seems to me to be eminently sensible. Start by extracting the top twenty percent most salient points and then edit, include or bin the rest, as appropriate.
Always thought of this ratio to the difference between college an university, where colleges are 20% theoretical, and 80% practical, and vice versa for university.
This does not mean you need to focus only on the 20% rather you have to go through the entire process. However many processes are structured in a way so this asymmetry between outcomes and inputs occurs. So get used to life being this way
It’s a natural law not unlike Elliott Wave Golden Mean. The true number is 19.47: 80.53 ratio We call it 20:80 rule The sloping side angle of a tetrahedron is 19.5 degrees. Occult mathematics is a bigger part of how the world works than we can truly understand.
Software engineering uses a modified version of this rule to explain why projects overrun: 20% of the work takes 80% of the time, and the other 80% of the work takes the other 80% of the time.
I refuse to believe in the universal use of this rule. I can see that it may be true for some cases but it looks very to be useful in limited circumstances.
Pareto principle is particularly applauded and approved by the 80% who pat themselves on the back and see themselves as the 20%. Ouch, I banged my rule of thumb.
what are you referring to? The pareto principle is based on work done by statistician Vilfredo Pareto in the 19th century.. it's statistical, not random. what does a farm have to do with it?
Besides being an economist, Pareto was also a sociologist. Sociology gave him an opportunity to theorize about man and society in a way different than most economists, who wrongfully view people as always-rationally-acting-creatures. On the other hand, Pareto stressed man's irrational behavior and his proclivity to interpret this type of behavior as rational. He taught that society is unavoidably divided into elites and masses and that all those Marxist dreams about egalitarian society are mere wishful thinking. When you think of it, it seems that Pareto actually taught that his principle applies to society - elites are the 20% of general population doing the 80% of the most creative work.
The pareto principle was never a principle. If you go back and read Pareto’s original text that started this whole mess it was originally an observation in 1906 in Italy that 80% of the land was owned by 20% of the people. Everything after that was simply assumptions and oversimplification of complex situations, stop spreading this hazardous meme. It is not a universal law
I think its fine to try to relate this with our lives, I get your point and ofc it true, I think that we can think about 80/20 rule in different ways and maybe just use the ratio way of ddoing things like we can set any ratio not just 80/20 for our work, such as my 45 percent friendship is responsible for 55 percent of my knowledge etc etc, good information tho draghoul03
@@abhiagrawal177 I agrre that it’s fine to think about thise ratios in your personal lives (like the friends example you described). However, the thing I take issue with is managers writing corporate policy around assumptive ratios like this, and use at an excuse to overpay themselves (the 20%) while underpaying their workers (the 80%)
1:33 Pareto warning: idolworshippers used to hide behind idols and didnt accept true religion islam. Now those idolworshippers know that idols r not gods so they hide behind darwin. when darwin will get proved wrong, they will find sth else
Thank you for this inspiration. I pretended that I was watching for the first time with the knowledge of your time stamp in my pocket. Lo and behold the topic of the narration at 20% / 33secs into the video is the very root of the principle. Namely how Sgr. Pareto started to formulate his rule upon observing his Peas.
![Pareto Principle [The 80/20 Rule Explained]](/img/logo.svg){kind=logo}
