By Corey
Rosen Corey Rosen is the founder of the National Center for Employee
Ownership , a private, nonprofit membership, information, and research
organization in Oakland, CA. He is the coauthor of the book Equity: Why
Employee Ownership Is Good for America (Harvard Business School Press).
crosen@nceo.org Founder, National Center for Employee Ownership
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Back in the late 19th century, Italian economist Vilfredo
Pareto observed that 80 percent of the land was owned by 20 percent of
the people. In the 1940s management consultant Joseph Juran argued that
the 80-20 rule applied
to management in general, concluding that there were the “vital few and
the trivial many.” That seemed a bit harsh, so he later revised it to
the “vital few and the useful many.”
The principle seems to be having a revival these days.
Management consultants insist that a 20 percent vital few really matter
in companies, a large middle just do their jobs, and another 10 percent
or 20 percent should be encouraged to leave or be fired. Recent data
from Mercer Consulting shows that employers are now focusing most of
their bonuses on just a small number of people, while about 30 percent
of companies that had broad-based equity plans have dropped them to
focus on “the people who really matter.” So the new corporate mantra, I
suppose, is that “20 percent of our people are our most important
asset.”
This rule never made much sense
to me. After all, if we focus rewards on the 20 percent, the other 80
percent would be most unhappy. Of course, that might demotivate them
enough to make the 80-20 rule actually work. That is especially true
because surveys consistently show that about 70 percent of employees
believe they are in the top 10 percent of performers (admit it, you
think you are, right?).
It is easy to see why people are attracted to the 80-20 rule
for management. First, everyone who writes and reads about it, I’d
wager, believes they are in the 20 percent. Second, it justifies
maximizing the rewards that go to the top. Third, if you treat people as
if they don’t matter that much, you may well end up with an
organization where they don’t. So your brilliance in following the 80-20
rules is self-fulfilling. In fact, why not take the 80-20 rule a little
farther? If 80 percent of the results come from 20 percent of the
people, then shouldn’t 80 percent of the results from the top 20 percent
of the company come from 4 percent? And 80 percent of what the 4
percent produce from 0.8 percent? After all, this is a rule.
Curious about this, I spent an hour Googling for research on
it in anything related to human resource management that process the
80-20 rule. There may be something out there, but I couldn’t find it. Of
the hundreds of links I did find, all but a handful just accepted the
rule as some kind of unrepealable law of nature.
The 80-20 rule is corrosive. It deters management from
finding ways to get as many people as possible in an organization to
contribute ideas, information, and effort that help the company move
forward. It creates too much competition between people for scarce
rewards, thus discouraging teamwork. And while it is certainly true that
people make unequal contributions to organizational success, to assume
this follows an arbitrary division of any kind is lazy and ineffective.
So I am herewith creating the Rosen rule. If in your organization 80
percent of the results come from 20 percent of the people, your
organization is very badly mismanaged.
That’s how Doug Smith of Lumber Traders, an ESOP-owned
company in Port Angeles, Washington sees it. He told us that “the
establishment of the 80/20 rule is a benchmark of bad management. Our
society always looks to the dark side, self-interest and fear. No wonder
so many people are only looking out for themselves. We take a different
approach. Yes we do have some percentage of ‘vital few’, and we do have
pockets of perfection, but our overriding goal is to identify these
resources and to propagate them.” Smith’s concept is that these star
performers should be focusing their efforts not on distinguishing
themselves from everyone else, but working to bring the other 80 percent
up to their level.”
Great business leaders are humble.
That humility is what makes I possible for people around them to be
confident they can express ideas and disagree. Rather than trying to
rely on the ideas and energy of just a small percentage of their
workforce, they seek to engage everyone and put them all in the top 20
percent.
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