The document discusses the Pareto principle, which states that 20% of inputs typically account for 80% of outputs. It suggests focusing time, energy, money, and personnel on the top 20% of priorities to achieve an 80% return. Examples show how the principle applies to time spent, products sold, reading content, job satisfaction, and more. The conclusion asks if the reader expends 80% of effort on their top 20% of priorities.
1. THE PARETO PRINCIPLE
Twenty percent of your priorities will give you 80 percent of your production,
IF you spend your time, energy, money, and personnel on the top 20 percent of your priorities.
The solid lines on the illustration of the 20/80 Principle above represent a person or organization that
spends time, energy, money, and personnel on the most important priorities. The result is a four-fold
return in productivity. The dotted lines represent a person or organization that spends time, energy,
money, and personnel on the lesser priorities. The result is very small return.
Examples of the Pareto Principle:
Time 20 percent of our time produces 80 percent of the results
Counselling 20 percent of the people take up 80 percent of our time.
Products 20 percent of the products bring in 80 percent of the profit.
Reading 20 percent of the book contains 80 percent of the content.
Job 20 percent of our work gives us 80 percent of our satisfaction
Speech 20 percent of the presentation produces 80 percent of the money
Donations 20 percent of the people will make 80 percent of the money.
Leadership 20 percent of the people will make 80 percent of the decisions.
Picnic 20 percent of the people will eat 80 percent of the food!
- Leadership 101
ARE YOU EXPENDING 80 PERCENT OF YOUR EFFORT ON
THE TOP 20 PERCENT OF YOUR PRIORITIES?