The Trivial Few (80:20)
The Trivial Few (80:20) is a series of hand-written lists by Anetta Mona Chisa and Lucia Tkacova. In this work they try to apply the 80:20 economical rule in various aspects of their life and art.
In their words:
"Life isn't fair. Most things in life are not distributed evenly. The majority of results come from a minority of inputs.
In 1906 Vilfred Pareto, an Italian sociologist and economist, noticed that 80% of Italy's wealth was owned by 20% of the population and the rest 80% of inhabitants shared the remaining 20% of resources. The Pareto principle (also known as the 80:20 rule) became an economical equation that reflects the uneven distribution of the global wealth. In 1937, Joseph M. Juran conceptualized the 80:20 principle and extended it to the rule of "the vital" few and the "trivial many", claiming that 80% of the effects comes from 20% of the causes. Its universal application makes it one of the most useful concepts and tools of modern-day management.
It can mean all of the following things:
20% of the input creates 80% of the outcome
20% of the workers produce 80% of the result
20% of the features cause 80% of the usage
20% of the faults cause 80% of the breakdowns"
We had a chance to take photos of this work in Vilnius '09 art exhibition. Enjoy!
In their words:
"Life isn't fair. Most things in life are not distributed evenly. The majority of results come from a minority of inputs.
In 1906 Vilfred Pareto, an Italian sociologist and economist, noticed that 80% of Italy's wealth was owned by 20% of the population and the rest 80% of inhabitants shared the remaining 20% of resources. The Pareto principle (also known as the 80:20 rule) became an economical equation that reflects the uneven distribution of the global wealth. In 1937, Joseph M. Juran conceptualized the 80:20 principle and extended it to the rule of "the vital" few and the "trivial many", claiming that 80% of the effects comes from 20% of the causes. Its universal application makes it one of the most useful concepts and tools of modern-day management.
It can mean all of the following things:
20% of the input creates 80% of the outcome
20% of the workers produce 80% of the result
20% of the features cause 80% of the usage
20% of the faults cause 80% of the breakdowns"
We had a chance to take photos of this work in Vilnius '09 art exhibition. Enjoy!
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Posted: 2009-07-20 05:41:48
Psst.
Responses (4) / Sorted by points
well actually real communism is supposed to be like that
that everyone is equal and gets the same money and all that stuff
but seriously like that would work
which doctor want to earn the same money as the guy who cut the grass?
and which leader would just spend the money for the good of everyone
that isnt real communism they have
they let their people suffer so they can have what they want this is what I would call an asshole
that everyone is equal and gets the same money and all that stuff
but seriously like that would work
which doctor want to earn the same money as the guy who cut the grass?
and which leader would just spend the money for the good of everyone
that isnt real communism they have
they let their people suffer so they can have what they want this is what I would call an asshole
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