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80/20 Rule in Business Management

When you manage a business, team, or project, it is possible that 80 percent of the work that is completed gets done by 20 percent of the people involved.


Use the principles of Pareto analysis to determine who your most productive workers are. Task them with the most important items. Put them in leadership positions so they can teach others the same principles they follow.


Observe and interview these team members. Identify the unique traits, skills, and habits they have that lead to their productivity. Use this knowledge to train other staff members and thus improve the productivity of your entire team.


Read the full article from Brian Tracy.

 
 
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