Pareto Principle - does it make sense? Philippines

ava, sir please kindly explain more.

personally, i am as cluless as anyone here can be.

 

Man, what's up your brain?

are you sort of an alien or a greek god?

 

hindi ah, chief... clueless pa din about that constant.

 

 

 

 

 

 

 

 

 

 

 

 

Message appended on September 25, 2012 12:12AM

20% effort 80% result

 

 

im still looking for similar relationships.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

yes, every day i focus on the 20% that matters. it produces 80% of the result that i need daily.
If there is something i have to miss in a day, i make sure it's not part of the important 20%.

I have this boss, long ago, and said we may find it useful to use the Pareto Principles on limiting our customers therefore limiting our extension. I paused with my mind thinking about what would happen of the remaining 80% that gives 20% nenta - if I will just focus on the 20% customers that gives 80% of the benta.?

HE said, for the 80% let them go.

For his wish, I did. But I really did not.

20% is important at that particular instance, but it does not mean that the remaining 80% will not be part of the 20% later on.

So, as you observed, at a particular instance we can measure the 20% and it seems that in motion that remaining 80% will affect the 20% later on because we are in a constant state of motion?
whether sales distribution, Pareto's pea plants, and our sleep - it's entangled...?

But just how do we asses how the the 80% and the 20% are actually 80 and 20 respectively in this case?

Are there measurement to say these are not both variables?

say, if I accomplished just enough and I assumed it's 80%  already and same on the 20%

I think it's simple as exerting more of your attention to the people- particularly as to what the TS mentioned --The loyal Customers?? Which I think makes sense. Not necessarily to left-out others who doesn't contribute that much to the company's sales statistics.


Message appended on September 25, 2012 02:40PM
Basically the higher rank you get the lesser the task you do. Because you just need a secretary or a staff to do all the work and all that's left for the boss is to sign the papers.


Message appended on September 25, 2012 02:47PM

Pareto's Principle

The 80/20 Rule means that in anything a few (20 percent) are vital and many(80 percent) are trivial. In Pareto's case it meant 20 percent of the people owned 80 percent of the wealth. In Juran's initial work he identified 20 percent of the defects causing 80 percent of the problems. Project Managers know that 20 percent of the work (the first 10 percent and the last 10 percent) consume 80 percent of your time and resources. You can apply the 80/20 Rule to almost anything, from the science of management to the physical world.

You know 20 percent of your stock takes up 80 percent of your warehouse space and that 80 percent of your stock comes from 20 percent of your suppliers. Also 80 percent of your sales will come from 20 percent of your sales staff. 20 percent of your staff will cause 80 percent of your problems, but another 20 percent of your staff will provide 80 percent of your production. It works both ways.

How it can help you

The value of the Pareto Principle for a manager is that it reminds you to focus on the 20 percent that matters. Of the things you do during your day, only 20 percent really matter. Those 20 percent produce 80 percent of your results. Identify and focus on those things. When the fire drills of the day begin to sap your time, remind yourself of the 20 percent you need to focus on. If something in the schedule has to slip, if something isn't going to get done, make sure it's not part of that 20 percent.......

more: http://management.about.com/cs/generalmanagement/a/Pareto081202.htm

Message appended on September 25, 2012 02:47PM
Pareto's Principle, the 80/20 Rule, should serve as a daily reminder to focus 80 percent of your time and energy on the 20 percent of you work that is really important. Don't just "work smart", work smart on the right things.

i agree, plan your day and do a good job of identifying what should comprise your 20%.

But just how do we asses how the the 80% and the 20% are actually 80 and 20 respectively in this case?

Are there measurement to say these are not both variables?

say, if I accomplished just enough and I assumed it's 80% already and same on the 20%



Read more: http://www.sulit.com.ph/index.php/view+topic/id/97542/m/3351366/bookmark/1339269/Pareto+Principle+-+does+it+make+sense%3F#m3351366

yes, That is the question. We can in some way see in some Light of an idea, event, sales, statistics, a graph, sic sixma management - the shadow of the 20% and shadow of the 80%.

Where is the fuse?


Message appended on September 26, 2012 12:29PM
In Pareto's case it meant 20 percent of the people owned 80 percent of the wealth.

Read more: http://www.sulit.com.ph/index.php/view+topic/id/97542/m/3352239/recent/1/Pareto+Principle+-+does+it+make+sense%3F#m3352239

dear,
can it also be 30% over 70%. Or if we would like to maximize a desirable outcome - can it be 10% / 90% result?

Pareto identified of the 100 people - 20 are rich, 80 are poor. Will it still get natural if 30 rich, 70 poor - a decrease of the other and an increase over the other in the ratio 0f the 100 (100% of the eco-system)?


Message appended on September 26, 2012 12:45PM
Project Managers know that 20 percent of the work (the first 10 percent and the last 10 percent) consume 80 percent of your time and resources.

Read more: http://www.sulit.com.ph/index.php/view+topic/id/97542/recent/1/Pareto+Principle+-+does+it+make+sense%3F

I have this graph above that shown a natural periodic occurence of result in a time-frame - does it say that 10% at the beginning and 10% at the end marks the signal for funneling the 80% of the time and resources where we get the lowest bar graph.??

Message appended on September 26, 2012 12:55PM
I mean if there's a lot of rain in the morning and a lot of rain in the evening, where appears to be affecting the workers and this becomes the natural condition - at the end and at the beginning of the daily work or project - it is the climax of the production? It may change?

if it's your business, then you would know which should form part of the 20%

I pulled one part of the member that belongs to 80%--- in some way that it has a potential that or gave off that is more than over one of the member of the 20%.

simplehan mo lang para marami sumali sa thread.

hahaha!!! siguro po kailangan pa niya i-expound para mas malinaw. Kasi parang meron siyang sariling binabasa diyan na hindi natin nakikita.

pag simple yata ang post, yun naman di nya maintindihan.

So did it work for you? that's good!

 

I am referring to what makes it 80 and what really makes it 20 - yes, we really know its making it 20/80.. 20/80...

 

Of all the simple things that we can talk about - the same we where elementary or back where people just got used to doesn't bring change. Uulitin lang natin yun sinabi na at sasabihin ng iba.

So where is the fuse?

Message appended on October 1, 2012 11:49PM
The better we know of its real nature and secret - the better we can rely on it.
It's very predictable to rely dun sa LLamado o adbentahe. But to some extent -


Message appended on October 2, 2012 12:09AM
we can make topics out of kangkong, office work, tambayan, wrestle mania, basketball -- and it is so comfortable.

we can comment on this topics - on the picture we see in our minds about kangkong, ofis work ....blah,blah etc.
very simple.

we will not give opinion on of this topics (kangkong..etc.) without any reference image on our mind - it is pretty hard.
if we do so it has a meaning.
even so this topics are quite simple, yes it gives us quite a time.. time to please, to rip off strangers or amuse ourselves.


Message appended on October 2, 2012 12:22AM
before we get to result of the 20 to have the 80- first where is the origin?

Pareto planted this peas on the soil with the outcome ratio of alive:dead - 20:80. Why?
He wondered why 20% of the people in Italy were rich and 80% not doing so much. Why?
There is this certain ratio. Ratio comes so natural.


Message appended on October 2, 2012 12:28AM
What gives it that ratio? What or where is the fuse? If its elastic or non-elastic or like the sand inside the hour glass?


Message appended on October 2, 2012 12:37AM
At the very origin, like before now - before I have read your written messages...
I have to stop and think - to notice - that there are messages here.
And I have to stop and think to talk back. So there is the origin. Somewhere there before.


Message appended on October 10, 2012 08:28PM
Biology

The ratio between the surface area and volume of cells and organisms has an enormous impact on their biology. For example, many aquatic microorganisms have increased surface area to increase their drag in the water. This reduces their rate of sink and allows them to remain near the surface with less energy expenditure. Humans and other large animals cannot rely on diffusion for absorption and rejection of respiratory gases for their whole body; however, animals such as flatworms and leeches can, as they have more surface area per unit volume. For similar reasons, surface to volume ratio places a maximum limit on the size of a cell.
An increased surface area to volume ratio also means increased exposure to the environment. The many tentacles of jellyfish and anemones provide increased surface area for the acquisition of food. Greater surface area allows more of the surrounding water to be sifted for nutrients.
Individual organs in animals are often shaped by requirements of surface area to volume ratio. The numerous internal branchings of the lung increase the surface area through which oxygen is passed into the blood and carbon dioxide is released from the blood. The intestine has a finely wrinkled internal surface, increasing the area through which nutrients are absorbed by the body.

------
if mother nature would allow a natural compartment to be efficient - it should only be around 20% by the ratio of the surface area to its volume (actual mass size)


Message appended on October 10, 2012 08:41PM
If I have a PEA and compress it to a shape of a cube so that it would be an ideal or in perfect shape -

PEA = CUBE

getting the surface area of cube with dimension of 1 unit:
S.A. = l x w x 6 = 1 x 1 x 6
S.A. = 6

getting the volume of the cube with dimension of 1 unit:
Vol = l x w x h = 1 x 1 x 1
Vol = 1

the ratio S.A. : Vol is 6 : 1
where the volume is 16.7% of the surface area.
If there maybe an increase in Volume this would distort the perfect shape of the cube or the dimensions of the cube will be warped. In this account it will not be a cube, the result is different.

Message appended on October 13, 2012 12:07AM
I look at the cube directly at its 1 face.
It has the dimension of 1 unit x 1 unit square in a 2d plane - looking straight at it and with the ruler.
I move 1 unit backward and try to look at the 1 x 1 unit of the square -face of the cube.
As, I move 1 unit farther away - the size of the cube shrinks until to the farthest distance it has become a dot.

Pareto meets Doppler Effect

80/20 Rule. Usually they are trying to push to 90/10.

For me, with regards to the title of the topic does it makes sense?, I think it does. And, in my opinion, it can be applied in different areas of the business: time management, marketing and sales, management, operations and finance. also, it's good to be able to identify it, if possible. siguro ay may common sense din na involved dito since devoting more time or effort to the things that will grow your business, is good business sense. just my two cents. thanks. 

mag isip ako ng better title sa next time...

perceptive or not perceptive? as long as we can talk about it, thanks