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Soirée corporative PMI-Montréal - The 80/20 rule : What a dilemma!

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Soirée corporative PMI-Montréal
The 80/20 rule : What a dilemma!
20 avril 2017

Publié dans : Business
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Soirée corporative PMI-Montréal - The 80/20 rule : What a dilemma!

  1. 1. The 80/20 rule: What a dilemma! How the people who lead deal with the illusion of the majority. 1 By Tsimi Nkoa
  2. 2. The 80/20 rule: What a dilemma! 2 Introduction The 80/20 rule. A few words... Observations 1. People as social individuals 2. Instant gratification 3. Never try to teach a pig ... Environment: The illusion of the many. The Dilemma Awareness. Differentiation.
  3. 3. 3 Introduction We live in an era of the 3 Cs: Accelerated Change Overwhelming Complexity Tremendous Competition
  4. 4. 4 80/20 rule: A few words... Pareto observed that 80% of the wealth was possessed by 20% of the population. WHY? • How do you use it? • Applications (People & Processes)
  5. 5. 5 People as social individuals Humans are social animals – Simon Sinek People like to do what other people are doing – Robert Mudenge Man is a gregarious animal and much more so in his mind than in his body. He may like to go alone for a walk but he hates to stand alone in his opinions – George Santayana
  6. 6. 6 Instant Gratification  We have a microwave mentality.  People want the prize without the price  People are impatient.
  7. 7. 7 Never Try to teach a Pig... Never try to Teach a pig to sing. It wastes your time and annoys the pig. – Mark Twain What the very few understand is...
  8. 8. 8 All of this creates an environment where people who don’t know any better act as the people around them... ...which creates a snowball effect. Hence the... ILLUSION Environment
  9. 9. 9 The Dilemma! ‘’The majority of people don’t succeed’’ – Marc Fisher. The golfer and the Millionaire Yet in many instances, we use the majority as a standard to follow. WHAT DO WE DO?
  10. 10. 10 We lead! •Be self-aware. Be aware of the people around you. Be perceptive. Be alert. Study Leadership. Lead! And you will do better. •Differentiate/Compartmentalize •You are also going to have to go against your gregarious instinct from time to time.
  11. 11. 11 Conclusion Pause and Think!