How do we Know what is the 20% in Pareto?


 
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How do we Know what is the 20% in Pareto?
Michael D. Moore, Entrepreneur, United States, Member
Some may feel this is obvious, but my experience has shown that many managers and executives may not know what is actually in the 20%. This is not a given. If you are an "unconscious competent" you may really not know what your 20% activities are in producing results.
The first step is to clearly understand what it is you do or what should be done (the 20%) that produces the 80% of results....Sign up
 

 
Finding the 20% in the Pareto Principle
ADELAJA, Accountant, Member
@Michael D. Moore: I agree. The Pareto Principle looks very interesting andI have tried to check through my work on ...Sign up
 

 
You can Find the 20% Through Sobetsu
kenji hachiya, Business Consultant, Viet Nam, Member
It is true, as a trainer, when I teach the 80:20 principle that most of trainees find difficulties in defining items belong to critical 20%.
That...Sign up
 

 
How to Discern the 20% Most Valuable Customers
hamza fellah, Manager, Algeria, Member
To succeed in identifying the 20% best customers, the manager should have in hands all information on turnover, costs of customer acquisition and loya...Sign up
 

 
Stratification | Sobetsu
kenji hachiya, Business Consultant, Viet Nam, Member
Regarding Sobetsu (stratification) which helps better applying Pareto, here’s some more information:
WHAT IS STRATIFICATION
In short, Strati...Sign up
 

 
To Find the 20%, You Need to Understand your Goals
Kurt Ludikovsky, Consultant, Austria, Member
@hamza fellah brings the topic to the point: the Pareto Principle is not a method to magically solve your problems. ...Sign up
 

 
Find the 20% That Produce 80% of the Results by Martian VA Analysis
Javier Elenes, Business Consultant, Mexico, Member
In order to Find the 20% of people, materials, or machines that contribute to produce value I used a Martian VA Analysis:
- Take a piece of paper...Sign up
 

 
Pareto 20/80, Just one Support Tool for Decision-making
hamza fellah, Manager, Algeria, Member
@Kurt Ludikovsky: I totally agree with you, it's true that what you said is a crucial point that I forgot to specify...Sign up
 

 
 


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