The Key To Leadership: Priorities

The Pareto Principle:

20 percent of your priorities will give you 80 percent of your production IF you spend your time, energy, money and personnel on the top of 20 percent of your priorities.

The distribution is claimed to appear in several different aspects relevant to entrepreneurs and business managers. For example:

• 80% of your profits come from 20% of your customers
• 80% of your complaints come from 20% of your customers
• 80% of your profits come from 20% of the time you spend
• 80% of your sales come from 20% of your products
• 80% of your sales are made by 20% of your sales staff

 

20 Percent of the people in an organization will be responsible for 80 percent of the company's success.

 

Prioritize Assignments:

 

1. High Importance/ High Urgency

2. High Importance/ Low Urgency

3. Low Importance/ High Urgency

4. Low Importance/ LowUrgency

 

 

Every person is either an initiator or a reactor when it comes to planing. An example is our calendar.

 

Leaders tend to initiate, and followers tend to react.

                                           

 

Leaders	Followers
Initiate	React
Lead	Listen
Spend time planing	Spend time living day-to-day
Anticipate Problems	React to Problems
Invest time with people	Spend time with people
Fill the calendar by priorities	Fill the calendar by requests