Four Principles For Leadership Efficiency – Part 2

Principle Two – Pareto’s 80/20

“80% of the effects come from 20% of the causes”

Pareto’s Principle – 80/20 – The Pareto Principle is that most things in life are not distributed evenly. Small amounts of time, effort, people, and resources result in higher percentages of the results than one would expect:
•20% of the input creates 80% of the result
•20% of the frontline staff produce 80% of the result
•20% of the patients create 80% of the revenue
•20% of the mistakes cause 80% of the issues
•20% of the resources are used 80% of the time

Before we start any project, define clearly what are the 20% of resources, actions, people, and tasks that will produce 80% of the results.

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