Review The 80/20 Principle: The Secret to Success by Achieving More with Less
Find your "critical 20%" and transform your time - and life - forever! The 80/20 principle - also known as the Pareto principle - is the well-verified observation that in business, economics, and life generally, about 80 per cent of all results flow from a mere 20 per cent of our efforts.
7 powerful lessons from
"The 80/20 Principle" 📚📚📚
The Secret to Success by Achieving More with Less By Richard Koch
1. The 80/20 Principle: A small percentage of inputs (20%) often leads to a large percentage of outputs (80%). Identify these high-impact activities and focus your efforts on them.
2. Prioritization: Prioritize tasks based on their potential impact. Focus on the tasks that will yield the highest returns.
3. Time Management: Allocate your time wisely. Spend more time on high-priority tasks and less time on low-priority ones.
4. Delegation: Delegate tasks that others can do. This frees up your time to focus on the most important tasks.
5. Focus: Avoid multitasking and distractions. Focus on one task at a time to improve productivity and quality of work.
6. Continuous Improvement: Strive for continuous improvement. Identify areas where you can apply the 80/20 principle to increase efficiency and effectiveness.
7. Risk Management: Identify and mitigate risks Derailing your progress. Focus on the most significant risks and take steps to address them.
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