Saturday, July 16, 2011
The Magic Formula
The 80/20 rule is a powerful concept. Known also as Pareto's Law, it was a formula that was devised by Italian economist Vilfredo Pareto in 1897. What the law says in essence is that 20% of our efforts produce 80% of our results in life. Not restricted in its application to the workplace, it presents us with a great opportunity to learn how we can better leverage ourselves and our time to achieve what we want from life.