Learn more about timemanagement with this collection
How to develop a growth mindset
How to think creatively and outside the box
How to embrace change
The 10-80-10 Principle
The 10-80-10 principle postulates that leaders should only involve themselves in the first 10% and the last 10% of any project. Specifically, they have the most to contribute when casting the vision and providing feedback on the execution of that vision.
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MORE IDEAS ON THIS
Step 1: Identify a Long Process Eating Up a Significant Amount of Your Time
What are the projects you spend too much time on? Maybe you used to enjoy them, but your passion is waning. Or your business has grown, and it doesn’t make sense to devote as much time and energy to a project as you used to. The projects coming to mind are prime candidates for reengineering.
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Step 3: Assess Where You Add the Most Value
You’re not equally passionate and proficient at every task. And while some tasks or skills might just require more practice, others are holding you back. Drudgery tasks affect our quality of life. They hurt our job satisfaction. And they waste valuable time and energy.
Most leaders add the ...
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Step 2: Dissect the Process into Its Component Parts
It’s easy to overlook how many steps are within a single process. Just like “releasing a podcast” entails half a dozen steps, routine tasks take up more bandwidth than you realize.
Start at the beginning. What do you do first? And then what? List these steps as though providing instructions...
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Step 4: Call a Meeting with Those You Want to Involve in the Process
These people become the team responsible for the process you once completed on your own. If anyone is going to touch on the project, they should be in the meeting.
Start the meeting by explaining the why. Knowing your rationale for both the process and delegation will empower others to make...
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Step 5: Begin the New Process as an Experiment
You’re not committing to the changes you’re implementing for the rest of your life. You can always go back to the way you were doing it before. Validate your new strategy through experimentation.
Viewing the changes as an experiment also helps you keep your expectations realistic. We don’t ...
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CURATED FROM
IDEAS CURATED BY
You can get 100% of the results while only completing 20% of the work
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Related collections
Other curated ideas on this topic:
80/20 Principle And Parkinson’s Law
- Be Effective rather than Efficient. Apply Pareto’s Law- 80/20 Principle to everything you do.
- Parkinson’s law- A task will swell in importance and complexity in relation to the time allotted for its completion e.g. If for a project, I give you a week or a single day. You’ll be able t...
Identify Your 80/20
We have never considered this before but the same principle applies to our lives.
- The kind of food we eat, only 20 percent of it really matters.
- The people we meet, 80 per cent of those are not worth meeting.
- The stuff we buy (like clothes and gadgets), 80 percent o...
3. Apply the 80/20 Rule to Everything
The Pareto Principle or 80/20 Principle says that 20% of your activities will account for 80% of your results.
Resist the temptation to clear the small tasks first; instead, start your day by asking, “Is this task in the top 20% or bottom 80% of my activities
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