Principle – 4
The 80/20 rule
leverage yourself and your resources
The 80/20 rule - leverage yourself and your resources
Effective people know to focus their attention and their resources on the small number of tasks that get the greatest results.
It’s called the eighty-twenty rule – eighty percent of the results produced by a person or a business are produced by twenty percent of the work.
There’s nothing magic about the “eighty percent” number.
Just remember that smart people know to leverage themselves and their impact by putting their attention and their resources where they’ll get the greatest results.
The trick is in knowing which work and resources will get the results they want.
What are the driving forces in the business?
That’s where you put your attention.
What elements of value drive the customer’s purchase decision?
That’s where you put your attention.
What systems in the business are the ones that get the most important results?
That’s where you put your attention.
What are the highest priorities for work to be done?
That’s where… well, you know.
Full Spectrum Principle #4 asks you to figure out what “drives” your business, what “drives” your customers, what “drives” your employees, and to focus your attention on those drivers.