Tag Archives: Pareto

Become effective through prioritization

You do never have time to do all things but you always have time to do the most important things. The sad thing is that most people does not know what the most important things are which lead to low progress and results. According to Pareto, 80% of your activity accounts for 20% of the results which also mean that the opposite is true i.e. 20% of your activities accounts for 80% of the results. How would your output be affected if you contineously focused your effort on the the most important things? In order to increase the likelihood of succeeding in life, you need to learn how to prioritize.

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Who are your most important customers?

Probably some Swede will state that “all customers are of equal importance” since this is a traditional Swedish mindset. I say this is rubbish! Of course not all customers are of equal importance to your business, the business environment is far too complex for that to be true. It is critical for your business success that you strive to focus your limited resources where it will be most likely to provide the greatest return on investment (ROI). Read more »