5 Rules for Decision Making Using the 80/20 Principle

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59m 48s
Duration
1.00
PDUs
10,455
Views

Overview

The 80/20 Principle, also known as the Pareto principle, states 80% of your outputs are derived from 20% of your inputs. In other words, the majority of the tasks you get done or products your produce are a result of only a handful of activities.

This presentation is designed to give you five rules to make better decisions using this principle. You will start to realize how few decisions are actually important, and when they are essential, default responses are already in place. Also, this process will help you determine what is working (double down) and what is not (change early). 

 

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Acknowledgements: Marjorie Anderson and Stephen Strickland

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