Apr 14 2009

Time Management or 80/20 rule?

Time Management seems to be a very important concept in our busy society. It is not about freeing our time but rather about doing more within the same 24-hour time frame that we have.

Wouldn’t it be nice if we could find a technique that would allow us to achieve more in a less time so we would have more time to enjoy our lives?

Here is where the Pareto principles or 80/20 rule comes in. If you succeed to adapt this principle to your life it will literally make you free.

How can you apply it to your life?

Identify 20% of your activities that bring 80% of the results and eliminate the remaining 80% of your activities that contribute to just 20% of your results.

This is very easy to say. In practice it requires some thinking and work to implement.

Start from listing all the activities that you perform during the day and see how productive they are. Are there any that can be eliminated without any important consequences? Are there any that can be done less frequently or delegated that could free up your time during the day?

Can you change the way you do things to accelerate them? Can you find some ways to automate repetitive tasks?

For example if you use Excel macro feature you can automate the creation of many laborious reports. This will not only save you time but also help you achieve the same results with minimum effort and stress.

There are also special software programs that can help you automate almost everything you do now on the computer.

Another way to free up some time is to outsource the repetitive tasks if you can afford it. This way you can concentrate your time on what is important, what contributes to the most output. You will also be able to achieve more with less effort.

Being constantly busy doesn’t mean being productive. If you successfully apply this principle into your life you’ll be able to achieve what you want in fewer steps, minimum effort and less time.



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