author the article is Tom Urban
80/20 Principle states that 80% of the results derives only 20% of the causes, in other words skromniejszymi means and with less effort, you can achieve greater results. Schematic underlying this principle was discovered in 1897, Italian economist Pareto Vilfreda.
80/20 Principle is so valuable because it comes in spite of intuition. Normally expect that all causes will have roughly the same importance that all customers are equally valuable, that every piece of business, every product and every dollar of sales is as good as any other. Meanwhile, things are completely different, based on this principle, you must extract only the most crucial factors contributing to the largest number of results.
few examples
- 20% of the company gives her a 80% profit
- 20% of customers gives us 80% of sales
- 20% of criminals commit 80% of crimes
- 20% of drivers cause 80 %
accidents - 20% of the vocabulary is enough to be able to read 80% of the texts in the language
- 20% of the area falls on the carpet 80% of
- 20% of the clothes we wear by 80% of the time
- 20% of our work gives 80% effects
- 20% of our lives gives us 80% luck
Numbers 80 and 20 should not be treated as the only legitimate, they are usually only appears in the observations, may well be a different proportion. Fair in this principle is that it does not happen to 100% 100% effort brought results. Guided by this principle to search for those activities that bring the greatest effects aside from other less valuable, thus optimizing our operations.
Why should we care about the principle of 80/20? Regardless of whether we realize it or or not, this principle applies to our lives, our communities and workplaces. Understanding the 80/20 principle gives us a deep insight into what is really happening around us.
How to use the Pareto Principle?
awareness of this principle can be really valuable knowledge. Remember no man is able to do everything. This is why it is good to choose those things, those activities that bring the largest number of effects. This optimal choice allows you to achieve much greater results, because we do only what is really needed.
Suppose a hypothetical situation, two people learn for the exam:
first Tom, is faced with two books and notes (30 p.) and ślęczy for three days, trying to understand everything, and everything I learn.
second Dorothy has summarized the notes (6 p.), and two chapters photocopied from a book, and learned everything the day before the exam.
Tom hardly seems ezgamin to 3, and Dorothy seem to 4 Why? - Because Tom did not know exactly what you need to learn, and Dorothy knew, and chose only what is really supposed to be on the exam. Dorothy knew what it is 20%, which is part of the right is the one which tzreba addressed. To get a 80% effect (in this case the evaluation). But Tom did not know and tried to learn how everything was not possible at such a time. The effects are what they are. Dorothy dodtała saved time and improved scores, Tom lost a lot of time and barely passed egamin.
In life it is hard to identify which part is responsible for the results, it is not so simple. Through the sophistication of the analyst's attitude, you should think about every action and its consequences. And then select only those that are truly optimal, which give the largest effects.
Knowledge of pareto principle can be useful in równierz teamwork, knowledge about the effectiveness of the work of various members on various activities, it can really give a lot, to distribute the work in the project work.
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Author Tom Urban, owner ebiznes.org.pl - Internet entrepreneur
own Blog: Tom the path of life
This article is excerpted from website www.Artelis.pl
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