Friday, January 6, 2017
S-U-C-C-E-S-S , G-O-A-L S-E-T-T-I-N-G AND THE PARETO PRINCIPLE.(80/20)
The Pareto principle named after the Italian economist Vilfredo Pareto ,who noticed that people in society seemed to divide naturally into what he called the “vital few,” or the top 20 percent in terms of money and influence, and the “trivial many,” or the bottom 80 percent. This actually holds true for all economic activity when subject to this principle,now this principle is used even on a personal note to achieve success. Goal setting with this principle will translate to 20 % of what you will do that will result in 80% of the success you achieve ,so as you put pen to paper start with the goals that will change your course dramatically.#driver Write out the end-point and work it out,setting your goals and mapping out the strategies while thinking about the key that will drive the other goals. The principle from another angle simply put is that; "only one key turns the lock,when you get in then you start decorating." Vision 2017,need one key to open up the chest of treasure,now when the box is open all other activities follow.The point here is keep it simple with the mindset of S.M.A.R.T =Goal setting. The goals must be specific,measurable,achievable,relevant and definitely time-bound. The following steps with 80/20 principle will work; 1) write out the goals. 2)look at just one goal that will drive the rest. 3) set your heart on that goal by mapping out your strategies 4) Success is achieved.