As I share in the book -
“The key is not to prioritize what’s on your schedule, but to schedule your priorities.” – Dr. Stephen Covey
Prioritization can be key to high performance, but what happens when priorities are constantly shifting? Helping team members identify where their time is going is a key part of effective time management. While there are several frameworks to use, in this chapter we are going to explore two:
1. The Pareto Principle
2. Urgency/Importance Matrix
Tool #1: Pareto Principle
Helping team members focus on what’s important for giving them the greatest impact is another
conversation which can be important to have. In order to explore this, take a look at the Pareto Principle. Here’s what I also wrote in my Teams365 #941post:
The Pareto principle, most commonly known as the 80/20 rule, is also another
useful framework to have in mind when you are considering prioritization. The
80/20 rule asserts that we get 80% of our results from 20% of our activities.
Teams can benefit from undertaking some analysis of where they are getting the
bulk of their impact (whether it is sales, key relationships, customer service, etc.).
Getting clear on these will help us to prioritize them in the larger scheme of things.
How do these link back to the collective team function and priorities?”
(Excerpt: © Jennifer Britton, Reconnecting Workspaces, 2021. All Rights Reserved.
As you think about the Pareto Principle, what would you say are:
- The 20% activities which give you the most impact?
- The 80% activities which don’t provide impact?
- What changes do you want to make moving forward
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