The 80 20 Pareto Principle says that you will get 80% of your most productive work done in 20% of your time. Find that 20% of your time when you are most effective and guard it from interruptions.
If 80% of your time is less productive, imagine what you can get accomplished if by being intentional you made even a small improvement in productivity, regaining three, five or even ten percent of that time to use towards effective work.
We often complain of not having enough time. More often the problem is that we don't use our time very well. To be blunt, we waste our time on less important items when with a little planning we could make dramatic improvements on accomplishing more important tasks.
"There will always be a minority of methods, a minority of practitioners, a minority of reasons and approaches that produce overwhelmingly superior results. Identify these. Then multiply them. Automatically, performance will not just be improved; it will be multiplied."
Richard Koch, 80/20 Principle
DAY ONE
Today review the 80/20 principle. Research it online. Read a book about it or listen to a podcast. Talk with other leaders and learn from their experiences and insights with 80/20. Think about how it can be applied to your own life, work and leadership.
The Coach asks:
DAY TWO
Based on the thinking you've done on the 80/20 principle, today is your day to stretch. Find that 20% of your time when you are most effective and maximize your use of it. What if you could make small improvements each and every week? Take up the challenge to be increasingly effective.
The Coach asks:
DAY THREE
Today, make a list of the ways in which you waste time. Be brutally honest. You're the only one who will see the list. Admit to yourself that you have absolutely wasted that time, and resolve to be conscious of your time-wasting habits in the future. You can't get that time back but you can change going forward. Make this shift today.
The Coach asks:
DAY FOUR
Imagine achieving a one percent improvement in the overall efficiency, effectiveness and productivity of your operation this month. Just one percent. That seems not only very possible, but significant if carried on for ten months to a cumulative improvement of ten percent. Create a one percent challenge for your team.
The Coach asks:
DAY FIVE
The 80/20 principle applies across all sorts of situations. How else can you view it or use it to address other personal, professional or organizational situations? Become a student of 80/20 and let that new approach to your thinking influence your planning.
The Coach asks:
As a Christian Executive Leadership Coach I encourage Christian leaders to reflect on God's Word to add to their wisdom.
If you are a leader, executive, or senior level professional looking to work with a Christian Executive Coach, I invite you to connect with me here.
If appropriate, we can meet by phone or Zoom to discuss your situation.
This is your opportunity to track your progress. Start by asking yourself how important this practice is to you? Record the importance as - not at all, somewhat, fairly, highly or extremely.
Now next to it ask yourself how well you carry out this practice. Record your performance as - very poor, poor, okay, good or very good.
The things we track, we pay attention to. Across time, come back and record your new results. You will find that as you are intentional about making improvements, you will bump your "score" up higher.
This is significant. Don't miss the opportunity to acknowledge your success, and use it as a springboard for making even further gain.
This book is helpful in understanding why the 80 20 Pareto Principle works. And is gives much more detail in how to make best use of it.
The 80/20 Principle, The Secret of Achieving More with Less, Richard Koch,
Here's a very interesting article on a number of areas where the 80 20 Pareto Principle has been observed and applied with success.
Here's and article from Asana on how the 80 20 Principle can be used for productivity, quality control and decision-making.
Of course there are many more insightful articles, podcasts and books that make use of the Pareto Principle. You might want to start with an online search to get you going.
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