It is also called the Pareto Principle. This principle says that 20 percent or less of the job that you do will impact or is responsible for the 80 percent of the results.
If you’re not yet familiar with the Pareto principle- it simply states that 20% of the job that you do can account for the 80% of the outcome. In theory, it only requires minimal effort on our part to achieve desirable results.
Can you imagine what can you achieve if we can manage to exert more than 20% of our efforts? This can make your company more profitable, drive better performance with your team, and eventually make your company grow bigger. Successful companies can always provide better opportunities to their Employees.
Only you can identify what constitutes that 20%. We can help you break it down by asking the following questions-
- What part of your job do you enjoy doing?
- What do you find easy to do, but other employees see as something difficult?
- Find out what is it that makes your work valuable to the company?
- How long does it take you to finish the job that you like doing?
Find out what makes you tick
Once you’re able to answer these questions, you will also begin to discover what motivates you to do a better job. Take time to answer these to help you identify that 20%. Most likely these are the tasks that you immediately do at the start of the week; early in the morning or when your energy level at work is still high. By identifying this, you can use it as a benchmark to start increasing your work output.
The 80/20 principle only shows that any employee can manage to make a positive impact by focusing on their common tasks at work. By carrying out these tasks diligently and consistently, we can be highly effective employees; and no matter which position we hold in the company, we can still help the company attain its business goals. You can focus on carrying out that 20 percent to give you desirable results; soon afterwards you can even increase your work output to achieve more as a professional.
As Employees, our answers to these questions also determines how well we know our tasks and where we can see our roles fit in any organization. Understanding your strengths and capitalizing on it, will help you achieve more milestones in your career.
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