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5 Key Questions for Setting Priorities
Forget about the small things…
While setting priorities, never give in to the temptation to clear up small things first.
Don’t allow yourself to get bogged down in low-priority activities.
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John Maynard Keynes
“We must give a lot of thought to the future, because that is where we are going to spend the rest of our lives.”
Setting priorities
- The first 20% of any task usually accounts for 80% of the value of that task.
- Once you begin working on that task, the first 20% of the time that you spend planning and organizing the resources necessary to achieve the task usually accounts for 80% of your success.
In setting priorities, always focus on the first 20% of the task. Get on with it and get it done. The next 80% will tend to flow smoothly once the first 20% is complete.
5 key questions for setting priorities
- Why am I on the payroll? Ask yourself if what you are doing right now is the most important thing that you have been hired to do.
- What are my highest value activities?
- What are my key result areas? What are the specific results that you have to get in order to do your job in an excellent fashion.
- What can I, and only I, do that if done well will make a real difference?
- What is the most valuable use of my time, right now?
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Setting priorities
Take a long-term view when setting priorities and you’ll have a much greater chance of achieving your objectives....
Identify Your Goals
Start by taking a bird’s eye view of your life and slowly nail down more specific goals.
Identify your big goal. Then get more granular and identify specific goals along the way.
Set S.M.A.R.T. Goals
Each goal you set should be S.M.A.R.T. — Specific, Measurable, Attainable, Relevant, and Timely.
- Specific: The more specific your goals are, the better chance you have of achieving them.
- Measurable: Can you identify milestones to hit along your way to success?
- Attainable: Are you willing and able to make the necessary sacrifices to achieve your goal?
- Relevant: A goal that you care about.
- Timely: Make sure every goal you set is time-bound.
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