Productivity
isn’t necessarily about how many things you get done every day, but rather how
many of the right things — the things that add the most value to your customers
and your business — that you accomplish. Considered in a slightly different
way, sometimes what you don’t do is just (or more) important than what you do!
The reality is
that we live in a world where almost everything is worthless, and a very few
things are exceptionally valuable. Some things we do yield very little benefit,
while others produce huge results. The whole concept of differentiating the
“trivial many” from the “vital few,” prioritizing those few projects or tasks
that truly will make a difference is both challenging and refreshing. It forces
us to identify and focus on those things that are essential, eliminating or
deferring those that are non-essential, and then committing the time and other
resources to accomplishing those that are truly beneficial and of significant
import.
I think there
are a few things we can all agree on:
- We never have enough resources
(time, money, energy, effort) to accomplish everything we want or need to
- We can never finish everything we
have on our to-do lists.
It’s human
nature to focus our attention on the things where we don’t have to invest a lot
of resources, just to say we’ve accomplished something. And it’s the same thing
with our to do list — we tend to go to the simplest tasks on the list, the
low-hanging fruit, because we like the sense of accomplishment that we get from
scratching the item off the list. But is this the most effective use of your
limited resources, and will this give you the results you want and need?
Back in 1906,
Italian economist Vilfredo Pareto identified that 80% of the wealth of his
country was controlled by just 20% of the people. Using these findings as the
basis for further study, Joseph Juran, an innovator of the Total Quality
movement and the Six Sigma concept, published a universal principle in his 1951
book, “The Quality Control Handbook,” that he called the “vital few and trivial
many.” Juran’s observation was that, in almost everything, a few (20%) are
vital and many (80%) are trivial, a concept now widely known as the Pareto
principle.
Given all of
the rapid changes and increasing distractions organizations face today,
individuals must be able to focus on those things that offer the greatest
advantage to the organization. The clearer the priorities, the easier it will
be for people to focus their energies on what really counts.
First and
foremost is identifying which results are most important to you, both
personally and professionally, and recognize those activities that are more
vital than trivial. Some might simply call this a prioritization process, but
it really goes deeper than that.
As a leader,
for example, of all the things you do, only 20% really matter, and these
produce 80% of your results. Identify and focus on this 20%, and when the fire
drills of the day begin to sap your time, remind yourself of the 20% you need
to keep focus on. If something on your schedule or to-do list has to slip, if
something isn’t going to get done, make sure it’s not part of that 20%.
The Pareto
principle isn’t an ironclad law or a panacea for success, but it is an
excellent tool to help keep you focused on the things that are the most
productive and beneficial that offer the highest paybacks and returns and
driving your resource investment strategy.
You can’t do
everything. So, you have to focus. Since you can’t do everything and if you
ever could, your customers wouldn’t believe you anyhow, then you need to focus
on something that you do well, that people want.
You get results
based on the things you focus on most intently. Regardless of how many things
you want to accomplish, you must focus on the most important and let other
things — which in the right context may be very good things — go by the
wayside.
Pareto's
Principle, the 80/20 Rule, should serve as a daily reminder to focus 80 percent
of your time and energy on the 20 percent of your work that is really
important. Don't just "work smart", work smart on the right things.
If everything
is important, then nothing is important. Do fewer but better things. Because
the person who tries to achieve everything ultimately accomplishes nothing.
Focus. Focus. Focus.







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