Simple Ways to Increase Your Office Productivity
Always arrive 1st in the office
Use the Pareto Principle 80/20%
Vilfredo Pareto was a wily and controversial economist-cum-sociologist who lived from 1848 to 1923. An engineer by training, he started his varied career managing coal mines and later succeeded Léon Walras as the chair of political economy at the University of Lausanne in Switzerland. His seminal work, Cours d’economie politique, included a then little-explored “law” of income distribution that would later bear his name: “Pareto’s Law” or the “Pareto Distribution,” in the last decade also popularly called the “80/20 Principle.” The mathematical formula he used to demonstrate a grossly uneven but predictable distribution of wealth in society—80% of the wealth and income was produced and possessed by 20% of the population—also applied outside of economics. Indeed, it could be found almost everywhere. Eighty percent of Pareto’s garden peas were produced by 20% of the peapods he had planted, for example. Pareto’s Law can be summarized as follows: 80% of the outputs result from 20% of the inputs. Alternative ways to phrase this, depending on the context, include: 80% of the consequences flow from 20% of the causes. 80% of the results come from 20% of the effort and time. 80% of company profits come from 20% of the products and customers. 80% of all stock market gains are realized by 20% of the investors and 20% of an individual portfolio.
Use Parkinson’s Law on a Macro and Micro Level.
Use Parkinson’s Law to accomplish more in less time. Shorten schedules and deadlines to necessitate focused action instead of deliberation and procrastination.
Videos To Check Out
The Lazy Man’s Guide How To Increase Productivity https://www.youtube.com/watch?v=hLOaiBCZzSo
Follow me on
►If you found this video helpful hit Subscribe to support the channel and share the video with your friends to spread the word◄
CLICK Below SUBSCRIBE
Licence: http://goo.gl/qtdRC0 – Creative Commons Attribution (CC-BY 4.0)