If it normally takes three hours to complete all household tasks, a visit announced at a late stage can only take an hour and a half. If your family or friends announce a spontaneous visit, there may be little time to tidy the home. Pareto principle: example of everyday use Even in private life there are daily tasks that have to be completed as efficiently as possible within the shortest possible time. However, the 80-20 rule is most often associated with working life, and this is when you’ll have to meet deadlines frequently. The Pareto principle can theoretically be applied to all areas of life - in school and academic education, as well as in everyday life. Only those who dedicate themselves to their tasks in a conscientious, concentrated, and structured manner can also achieve 80 percent of the results with 20 percent of the work – it is quite unusual to pull this off. In addition, the Pareto principle can lead to certain negligence, as the majority of tasks are considered to be of little importance. These absolutely necessary, but seemingly unproductive tasks can be optimized by keeping the expenditure for them as low as possible. E-mail correspondence usually contributes little to a company's success, but not responding to business e-mails at all would have serious negative consequences for the company (as would neglecting the accounting – even if the accounting department itself does not generate any profits). This includes, for example, writing and replying to e-mails. After all, there are a number of tasks that do not contribute directly to the actual goal, but must nevertheless be completed. The misinterpretation described above quickly leads to over-optimistic assumptions as to which goals can be achieved with how much effort.īut even if the basic principle itself has been understood, the conclusion that 80 percent of the possible performance is due to 20 percent of the effort can lead to a reduction in all tasks to only 20 percent. In order to generate the full 100 percent return, the expenditure must also be 100 percent. However, expense and income are not the same, and cannot simply be added together. This is a misinterpretation in which the individual percentages are simply added up to 100 percent, although they stand for different aspects. This makes no sense, however, as then 100 percent would be achieved with 20 percent effort. For example, it is often misinterpreted that with 20 percent of the invested time or effort, you can also achieve the 80 percent return that you would achieve with your usual effort. There are some common mistakes that are often made in connection with the Pareto principle.
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