Ever heard about the Pareto principle, also known as the 80/20 rule? This idea states that for most processes, 80% of the outcomes come from only 20% of the input effort. It’s been applied in many areas of life:
- In economics Pareto noticed that about 80% of Italy's land was owned by 20% of the population (Manual of political economy, 1971).
- In computer science Microsoft discovered that by fixing the top 20% of the popular bugs, 80% of the co-related errors and crashes in a given system would be eliminated (Microsoft's CEO, 2002).
There are many applications of the 80-20 rule and I’ve prepared for you my personal favourite too.
INCREASE YOUR PRODUCTIVITY
My ‘Drop the Bottom 20%’ tool will help you to increase your productivity, performance and profit plus your happiness to go with it! Using this Tool regularly will allow you:
- Prioritise better
- Focus on what’s important
- Be more efficient and effective in the workplace
- Stick in your ‘positive working zone’ of tasks that you’re both good at and enjoy doing!
As Marcus Aurelius famously said: “Let no act be done without purpose.”
Remember to use your time wisely in order to be effective and efficient. Plan your actions and efforts in an intelligent way and remember the steps I crafted for you in my tool. You will notice that using it in the right way will get you closer to that state of what the academics call FLOW – when you’re totally engaged in our activity to the exclusion of everything else.
DROP THE BOTTOM 20% TOOL
You can also download the tool image and save it on your desktop and mobile, so you can reach it anytime and anywhere you need it.
I hope you and your teams have fun using this tool!
Andrew
