Pareto Principle: The 80/20 Rule

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Күн бұрын

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The Pareto Principle, also known as the 80/20 rule, states that often 20% of the causes create around 80% of the outcomes while the remaining causes are responsible for the rest. Discovered by the Italian economist Vilfredo Pareto, the principle became a valuable rule of thumb that allows our mind to understand all sorts of complex distributions, focus on the essentials, and prioritize what to do next.
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This video was made with the support of our Patrons: Adam Berry, Alfred Holzheu, Anil Raut, ArkiTechy, Artur, azad bel, Badrah, Bradley Klimovitch, Cedric.Wang, Christoph Becker, cnotv, Cory McAbee, David Markham, Delandric Webb, Digital INnov8ors, Dr. Matthias Müller-Mellin, Duane Bemister, Elias Reuss, Eva Marie Koblin, F J V Souza Fh, Gerardo Enrique Nieto, Heart of Texas Play Therapy, LLC, Izzy, jakob steensig, Jeffrey Cassianna, Jim Pilgrim, Joanne Doyle, jun omar ebdane, Leonel, Liam Dalling, Linda Kinkead, Linus Linderoth, Lucia Simone Winston, M. Allen, Mambo no 9, Marcel, María, martin, Martin Streule, Martina Hrebenarova, Mathis Nu, Mezes.Macko, Michael Paradis, Natalie O’Brien, Okan Elibol, Oweeda Newton, Peihui, Povilas Ambrasas, Raymond Fujioka, SAMAR ABDULKADER DAKAK BADAWI, scripz, Sigrid, Solongo Ganbat, Stefan Gros, Suppasit Srisaeng, Taka Kondo, Takashi HIROSE, Tammy Frazier, Thomas Aschan, Yassine Hamza, Yvonne Clapham and all the others.Thank you! To join them visit www.patreon.com/sprouts
COLLABORATORS
Script: Ludovico Saint Amour di Chanaz and Jonas Koblin
Artist: Pascal Gaggelli
Voice: Matt Abbott
Coloring: Nalin
Editing: Peera Lertsukittipongsa
Production: Selina Bador
Sound Design: Miguel Ojeda
SOUNDTRACKS
A Toy’s Day Out - Shuan Frearson
DIG DEEPER with these top videos, games and resources:
Read about how the Pareto Principles relates to a Gaussian Normal Distribution
www.sciencedirect.com/science...
Explore a thesis on the problematics of the Pareto Principle
papers.ssrn.com/sol3/papers.c...
Read how the principle is used in hospitals as a Quality Improvement Tool
www.ncbi.nlm.nih.gov/pmc/arti...
SOURCES
en.wikipedia.org/wiki/Pareto_...
en.wikipedia.org/wiki/Pareto_...
en.wikipedia.org/wiki/Vilfred...
www.ncbi.nlm.nih.gov/pmc/arti...
Classroom Activity
Visit our website to get access to recommend activity for the classroom on this topic!
CHAPTERS
00:00 The 80/20 Rule
00:25 Pareto Principle
00:57 Business Insights
01:09 Real life example
01:33 Pareto’s warning
02:07 What do you think?
02:26 Ending
02:40 Patrons credits
#sproutsschools #paretoprinciple #mathematics #history #education

Пікірлер: 175
@jjones1102
@jjones1102 Ай бұрын
I remember the days of KZbin when 80% of the comment section came from 20% of viewers arguing with each other
@Study-tf9mk
@Study-tf9mk Ай бұрын
😂😂
@30pranaypawar17
@30pranaypawar17 Ай бұрын
Also explains, 20% of employees do 80% of work, so lets just layoff the rest and make those 20% work a 100%. 😳
@30pranaypawar17
@30pranaypawar17 Ай бұрын
Without compensation...
@jjones1102
@jjones1102 Ай бұрын
@@30pranaypawar17 “without compensation”… the good ole’ days 😂
@DeepThinkersClub
@DeepThinkersClub Ай бұрын
I remember when we were allowed to comment.
@lovwanshichetan
@lovwanshichetan Ай бұрын
It's not just about numbers/percentage but it just simply means to focus on the part which gives more result first than deal with others later.
@kjj26k
@kjj26k Ай бұрын
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%.
@evil17
@evil17 Ай бұрын
@@kjj26kThat’s is how politics work.
@fabolvaskarika7940
@fabolvaskarika7940 Ай бұрын
@@evil17life not just politics. This theory more based on observation, than actual studies, researches. The devil in the details.
@DefaultDerrick
@DefaultDerrick Ай бұрын
I love that its short and sweet without losing substance.
@sprouts
@sprouts Ай бұрын
Keep learning:)
@FranksPianoscape
@FranksPianoscape 16 күн бұрын
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 😂
@sprouts
@sprouts 15 күн бұрын
😂
@passdasalt
@passdasalt Ай бұрын
I only watched 33 seconds of this video. I live by this rule.
@Typical.Anomaly
@Typical.Anomaly 17 күн бұрын
I checked your math. This comment is legit.
@sudhanshunaik
@sudhanshunaik Ай бұрын
Most underrated content on KZbin
@user-ye1go6hw9r
@user-ye1go6hw9r Ай бұрын
Totally agree. As an autist, i only *wish* i could be so concise and effective when conveying ANY idea.
@themadtrax6507
@themadtrax6507 Ай бұрын
@@user-ye1go6hw9rRelax, were human. Focus on happiness.
@What-is-a-handle-is-it-a-tag
@What-is-a-handle-is-it-a-tag Ай бұрын
I’m your 69th like, whatever that means to people.
@jethrowbowdeen
@jethrowbowdeen Ай бұрын
At work 20% of the employees do 80% of the work. And the other 80% do the other 20% of the work. I've watched this happen for years.
@rsmdogtrailer7145
@rsmdogtrailer7145 Ай бұрын
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.
@banshwa
@banshwa Ай бұрын
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.
@PhokenKuul
@PhokenKuul Ай бұрын
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.
@user-zf3xb3qx8w
@user-zf3xb3qx8w 12 күн бұрын
30/40/30 Rule: 30% of people (or cows) make you money, 40% just eat and break even, and the bottom 30% COST you, but think they're great.
@rashadbinrashed8784
@rashadbinrashed8784 Ай бұрын
With respect, the numbers means no thing, but parito law reffered to choosing your priorties carefully that can lead to higher productivity
@maeva4406
@maeva4406 Ай бұрын
Really needed a visual representation of the 80/20 rule!! Thank you!
@drrtfm
@drrtfm Ай бұрын
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.).
@Feynman_Fries
@Feynman_Fries 21 күн бұрын
Whoever did the sketches deserves a thumbs up too.
@sprouts
@sprouts 18 күн бұрын
Pascal did.
@Feynman_Fries
@Feynman_Fries 18 күн бұрын
@@sprouts don't tell me it's some crazy AI app and not a human, I'll be sad.
@Emanon...
@Emanon... Ай бұрын
It's a good rule of thumb, but mostly used wrongly. Especially the ones concerning labour and productivity.
@livewire1199
@livewire1199 Ай бұрын
Great channel
@sportswriter
@sportswriter Ай бұрын
20% of all clips on youtube make 80% of algorithm
@at3649
@at3649 Ай бұрын
Task: Stack 10 building blocks on top of each other. Me only stacking 2 and cheering "I`m 80% done!" You failed me pareto principle, you failed me...
@jooeyyjn
@jooeyyjn Ай бұрын
20% of your blocks provided for 80% of your happiness.
@kjj26k
@kjj26k Ай бұрын
And 80% of your woe.
@lucasts2
@lucasts2 Ай бұрын
you can literally see the principle being applied in the comment section, where only a handful of comments receive all the likes!
@kjj26k
@kjj26k Ай бұрын
Because those comments were placed early, when the video received 80% of its views! (Not exactly, but I had to do it for the bit.)
@What-is-a-handle-is-it-a-tag
@What-is-a-handle-is-it-a-tag Ай бұрын
Underrated comment. (Had five likes when I saw it)
@andrel8243
@andrel8243 Ай бұрын
I use this principle in 20 percent of my decisions
@What-is-a-handle-is-it-a-tag
@What-is-a-handle-is-it-a-tag Ай бұрын
😂
@StubbyPhillips
@StubbyPhillips Ай бұрын
80% of people think "alot" is a word and 20% understand the difference between "your" and "you're."
@rodraska
@rodraska Ай бұрын
Good explanation of the pareto principle. Also liked the cartoon style
@EMSMDSolutions
@EMSMDSolutions Ай бұрын
Love this. What software and process do you use to animate?
@murrayjennex1377
@murrayjennex1377 Ай бұрын
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
@user-lh5os7hz4q
@user-lh5os7hz4q Ай бұрын
Hi, could you consider make a video explaining constructivist theory?
@liam8370
@liam8370 Ай бұрын
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???
@kjj26k
@kjj26k Ай бұрын
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.
@knw-seeker6836
@knw-seeker6836 Ай бұрын
I wish there would be a learning guide based on the Pareto principle for studying in school
@patricklee8088
@patricklee8088 Ай бұрын
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.
@knw-seeker6836
@knw-seeker6836 Ай бұрын
@@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?
@patricklee8088
@patricklee8088 Ай бұрын
@@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.
@MokshDeva
@MokshDeva Ай бұрын
20% of your video cover 80% of content. Brilliant🎉
@VivekSingh_ias
@VivekSingh_ias Ай бұрын
Liked this format of CRITICALLY ANALYSING a theory…
@I4improvement
@I4improvement Ай бұрын
Can someone tell me about the software used to make this video.
@finch2213
@finch2213 8 күн бұрын
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.
@kanwarjitsidhu8678
@kanwarjitsidhu8678 Ай бұрын
I thought i was a couch potato as i do nothing 80% of time. now i know i was actually following Pareto Principle. what a relief
@steelhead49
@steelhead49 Ай бұрын
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.
@steveoh9025
@steveoh9025 Ай бұрын
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.
@MrBilal1lion
@MrBilal1lion Ай бұрын
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..
@kidahard1574
@kidahard1574 25 күн бұрын
Keep winning
@thecuriouscat4102
@thecuriouscat4102 Ай бұрын
Are there any scenarios in studying where the pareto principle can be harmful?
@VestinVestin
@VestinVestin Ай бұрын
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).
@kjj26k
@kjj26k Ай бұрын
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.
@ArcanisUrriah
@ArcanisUrriah Ай бұрын
Companies praise the ones doing the 20% to help the 80%, but complain about those who still have to do the 80% to get the 20% done taking too long.
@lucasts2
@lucasts2 Ай бұрын
The fact that this channel has only 1.65m subscribers tells a lot about or current society. Your content should be in every school!
@sprouts
@sprouts Ай бұрын
😍 you're the sweetest
@solidsnakeXY810
@solidsnakeXY810 Ай бұрын
Did you use the nintendo switch eshop loading sound effect for your intro?
@FelipeKana1
@FelipeKana1 Ай бұрын
That's why I only work 20% of time
@damie9412
@damie9412 Ай бұрын
Nice
@sergiogordon7877
@sergiogordon7877 13 күн бұрын
In software develop is true, we make the testing cases in base of that
@dalblack8712
@dalblack8712 Ай бұрын
I’ve definitely seen this in the work place. 20% of the people do 80% of the work.
@uberdonkey9721
@uberdonkey9721 11 күн бұрын
Put simply, don't be a perfection: focus on solving the large problems
@MindsetEvolutionZone
@MindsetEvolutionZone Ай бұрын
Over time , the Principe
@gsom7
@gsom7 29 күн бұрын
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.
@nicolashenrich1103
@nicolashenrich1103 Ай бұрын
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.
@mebeingU2
@mebeingU2 11 күн бұрын
“60% of the time, it works every time!”
@mangalsain
@mangalsain 27 күн бұрын
I find it very useful as a thumb rule
@aktwi003
@aktwi003 21 күн бұрын
How can I put this rule into my studies??
@ScimitarGaming
@ScimitarGaming Ай бұрын
I think you cannot apply a random theory which was conceived at a farm about the contribution of plant to a highly complex human society,
@steveoh9025
@steveoh9025 Ай бұрын
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?
@kjj26k
@kjj26k Ай бұрын
​@@steveoh9025 Bro is pretending that the example of Pareto noticing the 80/20 in his pea plants is the only thing that happened in this vid.
@markomarkoni8632
@markomarkoni8632 10 күн бұрын
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.
@StateFlow-ns4mg
@StateFlow-ns4mg Ай бұрын
👏🏻👏🏻👏🏻
@yodieindrawan5193
@yodieindrawan5193 Ай бұрын
To find 20% that matters need 80% of our energy
@PhilippeDevienne-eh9tx
@PhilippeDevienne-eh9tx 24 күн бұрын
As a business owner I know that 5% of my customers give me 95% of my headaches, so I send them to the comptition😂😂😂
@AnnoyingMoose
@AnnoyingMoose Ай бұрын
In any group of people 80% of the work is done by 20% of the people.
@tom-kz9pb
@tom-kz9pb Ай бұрын
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.
@sprouts
@sprouts Ай бұрын
Thank god for the self-serving bias ✌️
@HarshKumar-mx8gs
@HarshKumar-mx8gs Ай бұрын
20% of your supporters on patreon motivates you to make 80% of the content ??
@sprouts
@sprouts Ай бұрын
Yes! Around 20% make around 80% of the total contributions we get :)
@Junaid6646
@Junaid6646 Ай бұрын
I don't think this principle works everywhere, everytime.
@joegagliardi3984
@joegagliardi3984 27 күн бұрын
I’m fairly certain that ANY two percentages, ending in -0, can be used to find patterns in everyday life with a little imagination.
@bAa-xj3ut
@bAa-xj3ut Ай бұрын
👍👍👍👍👍👍👍👍👍👍
@tomhchappell
@tomhchappell 26 күн бұрын
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.
@enigma7385
@enigma7385 12 күн бұрын
I do 80% of things in life with 20% my potential
@brendamartinez6955
@brendamartinez6955 Ай бұрын
thank you !
@igbokweodinaka4301
@igbokweodinaka4301 Ай бұрын
As a student, studying only 20% of the syllabus can never give you 80% of the maximum grade
@senditall152
@senditall152 Ай бұрын
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.
@MrPrimoPR
@MrPrimoPR Ай бұрын
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.
@eamonnsiocain6454
@eamonnsiocain6454 Ай бұрын
❤❤ 💡💡💡💡💡💡💡💡
@jackwood8307
@jackwood8307 Ай бұрын
@sprouts
@sprouts Ай бұрын
🙂
@bingeable3
@bingeable3 Ай бұрын
🎉🎉🎉🎉
@LivingAwake
@LivingAwake 14 күн бұрын
I have about 20% left over when I get paid. Sounds right.
@curtisbryce5096
@curtisbryce5096 Ай бұрын
Isn't the Pareto Principle a square root rule?
@elmahdi-yl7zi
@elmahdi-yl7zi Ай бұрын
I sent an email to ask for permission to dub your content. It was answered the first time, and I am now impatiently waiting for the second answer.
@sprouts
@sprouts Ай бұрын
Will get back to you!
@Justdoing185
@Justdoing185 Ай бұрын
Whoever watched shuter island tell me the message of the movie!
@corvus-coraxverdensis6919
@corvus-coraxverdensis6919 Ай бұрын
... taking two times an 80/20 approach you already will end up at 50/50
@johnmac8084
@johnmac8084 Ай бұрын
So I'm right to ignore the paperwork then? 😅
@stubby7934
@stubby7934 24 күн бұрын
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."
@Draghoul03
@Draghoul03 Ай бұрын
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
@teacherfahadullah1066
@teacherfahadullah1066 Ай бұрын
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
@MichaelSHartman
@MichaelSHartman 28 күн бұрын
I have not investigated this rule. Those that accomplish more are given more work while those that accomplish less are assigned less work.
@g.ramanan5190
@g.ramanan5190 Ай бұрын
80|20 is reverse compounding
@ariace3602
@ariace3602 Ай бұрын
Toyotama principal
@steveoh9025
@steveoh9025 Ай бұрын
do you mean TPS (Toyota Production System) or perhaps kaizen? Toyotama appears unrelated to this pareto principle
@StubbyPhillips
@StubbyPhillips Ай бұрын
But 95% of common sense belongs to 5% of people.
@gregrogers4376
@gregrogers4376 24 күн бұрын
I like turnips! (Did that get me in the .01% category?)
@jasonadams6468
@jasonadams6468 Ай бұрын
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.
@roni_foxcoon
@roni_foxcoon Ай бұрын
From all the comments, we read only 20%. The next person will fill out the remaining 80% as a reply.
@AleksaCrnic
@AleksaCrnic Ай бұрын
yo
@ajaym6795
@ajaym6795 Ай бұрын
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
@JP_TaVeryMuch
@JP_TaVeryMuch Ай бұрын
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.
@alex.g7317
@alex.g7317 11 күн бұрын
This video is 20% based 80% skibidi
@rickbeesme
@rickbeesme Ай бұрын
“I think”……..the other “80%” is a given, to complete the statement 🧐
@richardcarey169
@richardcarey169 Ай бұрын
A rule to live by these days
@gr8vijay
@gr8vijay 28 күн бұрын
പരേറ്റോ.. പൊറോട്ട principle എന്ന് മതിയായിരുന്നു 😵‍💫😏
@papagolf1
@papagolf1 28 күн бұрын
Perhaps, behaviours that men are thought to usually exhibit, really are exhibited by %80 of men and %20 of women. It would go the other way, too.
@mastrogepetto7500
@mastrogepetto7500 28 күн бұрын
Yeah. 80% of my salary goes to wife, 20% just for me... C'est la vie... 😢
@Iruleyouforafee
@Iruleyouforafee 14 күн бұрын
"20% of the hazards account for 80% of the injuries." So the other 80% of the hazards are competing for the remaining 20% of the injuries?
@masterchinese28
@masterchinese28 Ай бұрын
80% of the comments are from bots, 20% from people
@hiranpeiris877
@hiranpeiris877 16 күн бұрын
im0
@rphb5870
@rphb5870 27 күн бұрын
it is not the 80/20 rule it is more depressive, it is the square root rule
@gt-gu7rb
@gt-gu7rb Ай бұрын
Well it made sense up until the last point when presented with evidence to the contrary such person would simply make up another rule that lines up with said sentiments. That was downright cynical.
@Gartensalat
@Gartensalat Ай бұрын
Watch only the first 33.2 seconds of the video to get the most out of it.
@JP_TaVeryMuch
@JP_TaVeryMuch Ай бұрын
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.
@slexdereck4117
@slexdereck4117 Ай бұрын
Creo que como se describe el principio de Pareto en el video parece bastante estúpido. Por ejemplo que una compañía pueda focalizarse en el 20% de los peligros para eliminar el 80% de los accidentes suena muy difuso. De hecho aunque eliminaran el 20% de los peligros no hay ninguna razón lógica por la cual la proporción deje de mantenerse. No veo una ruta clara para poner ese principio en práctica. Yo lo entendía y lo sigo entendiendo como un patrón de la naturaleza, no algo que permitiera mejorar la toma de decisiones y los procesos.
@ThomasVWorm
@ThomasVWorm Ай бұрын
The Pareto principle is not a principle but it is based on some random findings.
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