Tag Archive for 'Pareto Principle'

Get More Done By Working Less

This is a concept we covered in detail at our latest Exponential Extravaganza. Easier said than done, you have to have a time/life management system to make the concept a reality.

A recent article in Inc Magazine demanded you stop working more than 40 hours a week.

The article revealed that you may think you’re getting more accomplished by working longer hours. But the research shows you’re probably wrong.

There’s been a flurry of recent coverage praising Sheryl Sandberg, the chief operating officer of Facebook, for leaving the office every day at 5:30 p.m. to be with her kids.  Apparently she’s been doing this for years, but only recently “came out of the closet,” as it were.

What’s insane is that Sandberg felt the need to hide the fact, since there’s a century of research establishing the undeniable fact that working more than 40 hours per week actually decreases productivity.

In the early 1900s, Ford Motor ran dozens of tests to discover the optimum work hours for worker productivity.  They discovered that the “sweet spot” is 40 hours a week–and that, while adding another 20 hours provides a minor increase in productivity, that increase only lasts for three to four weeks, and then turns negative.

Anyone who’s spent time in a corporate environment knows that what was true of factory workers a hundred years ago is true of office workers today.  People who put in a solid 40 hours a week get more done than those who regularly work 60 or more hours.

The key is to realise that unless your an hourly wage worker – you need to realise that you get paid according to PERFORMANCE – NOT EFFORT.

Europe’s Ban on 50-Hour Weeks

However, the facts don’t bear this out.  In six of the top 10 most competitive countries in the world (Sweden, Finland, Germany, Netherlands, Denmark, and the United Kingdom), it’s illegal to demand more than a 48-hour work week.  You simply don’t see the 50-, 60-, and 70-hour work weeks that have become de rigeur in some parts of the U.S. business world.

If U.S. managers were smart, they’d end this “if you don’t come in on Saturday, don’t bother coming to work on Sunday” idiocy.  If you want employees (salaried or hourly) to get the most done–in the shortest amount of time and on a consistent basis–40 hours a week is just about right.

In other words, nobody should be apologizing for leaving at work at a reasonable hour like 5:30 p.m.  In fact, people should be apologizing if they’re working too long each week–because it’s probably making the team less effective overall.

EXPONENTIAL MINDSET THINKING TIP:

All of this is really “cute”, but if you don’t know HOW to make the most of your 40 hours, you’re scr_____.

You’ll stop working longer hours (to compensate for your inefficiency) and you’ll soon be shown the door.

So where does that leave you?

Stuck – until you learn the strategies of highly effective people who KNOW what to do with their time.

Contact us and we’ll help you transform your business or career by doing what works and stop you from wasting valuable time and effort on things that don’t matter.

What I Didn’t Know I Didn’t Know

I have a YouTube video of a concept I came up with to explain how anyone can improve 1 percent, It’s called the 1 Percent Improvement Doctrine and it’s one of the core principles that I teach my clients.

Little did I know, in 1955 a cognitive psychological tool was created by Joseph Luft and Harry Ingham. It was used to help people better understand their interpersonal communication and relationships. It’ss used primarily in self-help groups and corporate settings as a heuristic exercise and it’s called a Johari Window.

A comment on one of my YouTube videos alerted me to this.

There are two lessons here:

Improvement Lesson #1: Leverage = Learning

By having my video on YouTube, thousands of people are educated and informed. Then ONE person makes the connection and adds his/her 1 percent improvement – generously and graciously.

Improvement Lesson #2: Improvement never stops

There is always something new to learn, discover and expand our understanding of the world that is out there… Embrace it and you’ll soon we rewarded with on-going feedback that will automatically, systematically propel you forward as if by magic!

This is what “World Class Exponential Thinking™” is all about. It’s the core concept of what I present at the Exponential Extravaganza event scheduled for Brisbane, Melbourne and Sydney and to REGISTER for your FREE Ticket (while they remain available.)

By the way, did you notice how LITTLE EFFORT this took for me to learn something new and add value to my clients? 80% of the work was done for me… That’s the Exponential Twist of the Pareto Principle!

Pareto Principle Applied To Professional Development

We’ve all heard of the Pareto Principle, the 80-20 Rule. What I found intriguing and interesting is Engineering Education Australia’s take on it when the Pareto Principle is applied to professional development. When you click on the hyperlink, you can read the blog post that says it all – you either have an Exponential Mindset™ or you don’t.

Pareto PrincipleHere’s the thing a lot of Pareto Principle People still forget about the Exponential Potential™ that it can unleash within you…

When you focus on the 20% that produces 80% of your results INSTEAD of the 80% that only produces 20% of your results, you in effect increase your EFFICIENCY by a whopping 400%!

Yet most people just think about re-setting their priorities with the Pareto Principle… That’s great, but it’s NOT Exponential.

Want more tips, tricks and techniques to get MORE stuff done in less time?

Come to the Exponential Extravaganza scheduled for Brisbane, Melbourne and Sydney. There I will reveal twists and turns like this that will have your head spinning with excitement as you learn how to do 3 times more in 1/2 the time!