What is efficiency? The effectiveness is the ability to take advantage of your time, effort, resources and money (term) in a manner that brings to your business the greatest results.
How to get the best return for your efforts?
Prioritization, pure and simple.
Capacity so that you can take advantage of yourself in terms of time, effort, resources and money is possible by priority all the tasks in your company in their levels appropriate value.
Us would all agree that thousands of things that you have to do, each of these tasks have different levels of value.
Think of it, half an hour passed at Staples purchase trombones has another level of value to spend half an hour with a potential customer of great value.
In simple terms, certain tasks to create a better performance than others. You will make your business more effective by focusing your time and your efforts only on tasks that bring the greatest return, - an idea popularized by the Pareto principle, aka the rule of 80/20.
The 80/20 rule.
The 80/20 rule, says that of all the things that you, 80% of these tasks tend to bring 20% of the required results. On the contrary, 20% of the tasks get 80% of the results.
This means that we usually have a 25% return on most of our efforts. No wonder that we feel we work twice as hard and do half as much money!
You must spend the vast majority of your time, perform the tasks that come within the category of 20%. In doing so you drive the most valuable results.
How long? About 80% of your time should be spent on the 20% of high value tasks.
The key to this is to:
1. Identify your high - value tasks value is determined by the amount of income and profits a task brings you.
You will need to ask you the following, "" is?"" what I do make money If the answer is no, then there is good chance you should not do it.
2. Their scale, to get even more value to their part - scaling of the means to find another way to accomplish the task which translates more results with the use of less resources.
He could sometimes be as simple to do at a different time, or make another way, or with different people.
But the goal is to spend less (term) and make more profit.
3. Always get their fact. UI ' is the part most difficult and yet effective.
The key is to find a routine that you feel comfortable with - that helps you to get the value tasks higher made each week.
For example, you could perform 2-3 high-value tasks every day and had them before 10: 30. Or you can choose a day to put emphasis on the fact that many tasks of great value as possible on that day.
But the key is to obtain the value tasks higher made first, so that any other you spend your time on any really.
In conclusion, magnitude can be accomplished when we focus on activities that bring the greatest returns, meaning the activities falling under the category of 20%, 80% of the results.
The question we must ask is, "when do we begin to build a great company." If you want to do it now, then now it is time to focus on what is most important - and live a life and build a company that demonstrates.
