Let's face it, most of us are challenged by Effective Time Management. According to the Development Academy, 2021 Research Statistics: Less than 1 in 5 people (18%) have a proper time management system. 82% of people don't have a time management system. They just use a list, their email inbox or nothing at all. The least successful time management technique is 'dealing with whatever comes up.' Only 20% (1 in 5) people carry out a monthly time audit to review how they are spending their time. Which leads to the 80/20 Rule. The 80/20 rule, also known as the Pareto principle, is the observation that most things in life are not evenly distributed. In 1895, Italian economist Vilfredo Pareto noticed: *20% of the pea pods in his garden produced 80% of the peas. * 20% of the population in Italy owned 80% of the land. The theory, although not an exact science, appears everywhere. In the workplace:
-20% of the workers produce 80% of the results.
-20% of the customers create 80% of the revenue.
How does it apply to Time Management? To make the most of your time, you need to know that typically 20% of your activities contribute to about 80% of your work output. Focus on the tasks that help reach your goals, Cheers to successful Time Management and reaching goals!