News articles tagged with 'management'
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The 80/20 Principle — more reward for less work!
Many years ago I stumbled across a book in a public library called ‘The 80/20 Principle’ which claims that it can help you get bigger returns on your efforts by applying a universal concept called ‘the Paretos principle’. Named after Italian economist, Vilfredo Pareto, its basic premise is that for most events, roughly 80% of the effects come from 20% of the causes. In essence, it’s saying to concentrate your scarce resources (time) on the areas that have the most impact.
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Open Your Kimono
Networking was one of those hot management buzzwords from a few years back. All of a sudden people were going to any event imaginable in an effort to find that key contact that was the magical ingredient to business success. Personally, I thought it was all a bit contrived and though networking never went away it was replaced by new terms and trends. I particularly like “open kimono” – to be open and frank in communication.
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