 |
 |
|||||||||||||||||||
|
Time Tips from the Frontline Management Institute Time Management Centre Prioritising and the 20:80 Rule One
of the key principles of time management practice is known as the
Pareto Principle or 20:80 Rule. This states that 20% of work you do
generally provides 80% of the results. Once you have identified this
key 20% you would be wise to spend more of your effort and time in
this area.
An Italian economist called Pareto found that in many cases there is a small proportion of the effort put into achieving something that produces a majority of the results. As an example, for most businesses 20% of their customers provide 80% of their sales income. For time management this means that if we concentrate our efforts on those activities that bring us most return we will be more effective than if we spread our efforts evenly. Put most effort and most time into those things that give you most return. Spend 80% of your time on the 20% of important activities.
|
||||||||||||||||||||
|
|
||||||||||||||||||||
 |
||||||||||||||||||||
 |
||||||||||||||||||||
 |
||||||||||||||||||||
 |
||||||||||||||||||||
 |
||||||||||||||||||||
 |
||||||||||||||||||||
|
|
||||||||||||||||||||
