Tuesday, 2 May 2017

The 80 / 20 Rule

The 80/20 Rule might be the one of the most overlooked principles in your life.

Also known as the Pareto Principle the rule says that a relatively small percentage of any cause (20%) creates most of the subsequent effects (80%).

The 80/20 rule is everywhere. That is how the world fuctions – more or less.
Life is affected by a few key moments. The 20% most significant time in your life has contribute to 80% of whatever that you have achived until now.

80% of the world’s wealth is in the hand of 20% of the population. The top 20% in any sports earns 80% of the total income.

In the workplace using  the 80/20 rule can have tremendous impact on productivity and effectiveness.

First, identify what is the outcome you want. After that, break down the tasks that produces the outcome. Look at the tasks and pick the few that contributes the most.

Make sure that you do  those tasks well. Repeat to completion.

To make sure this rule is useful in your workplace, you must be clear with outcome you want and  have enough knowledge  of the of the tasks involved.