Pareto Principle and Parkinson’s Law

18 Dec

In his book “The 4-Hour Workweek”, Tim Ferriss wrote:

There are two synergistic approaches for increasing productivity that are inversions of each other:
1.  Limit tasks to the important to shorten work time (80/20).
2.  Shorten work time to limit taks to the important (Parkinson’s Law).
The best solution is to use both together.

80/20 principle or Pareto principle states that about 80 percent of results flow from 20 percent of causes.  Parkinson’s Law states that work expands so as to fill the time available for its completion.

How can we apply the Pareto principle to our life?  Read Learn to Live the 80/20 Way.  For Parkinson’s law, go to How to Use Parkinson’s Law to Your Advantage.

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