When a company initiates a process to select a new technology platform there is an internal discussion that sounds something like this: “We are not looking for the Cadillac, we can get by with a Toyota…..We just don’t need all the bells and whistles, we’ll never use all that functionality. If it meets 80% of our requirements we will be just fine.”
80% is always the threshold. I think it is because of our familiarity with the Pareto principle or 80/20 rule. But in this case it is a misapplication of the rule. Here is what I mean:
- Pareto says that 80% of your results are generated by 20% of your activities.
- Applying this to your functional business requirements means that 80% of your needs will be met by 20% of the functionality.
- A product that has 80%, might be missing the 20% that matter most.
So in reality you should be happy if the system meets only 20% of your requirements. Just make sure it’s the 20% that you will use 80% of the time.
About This Blog
Just what we needed......
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- The Art of War: With Commentaries by James Clavell by Sun Tzu, Sun Zi, James Clavell(Editor), James Clavell(Editor), James Clavell(Commentaries by)
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- American Colossus: The Triumph of Capitalism, 1865-1900 by H. W. Brands
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