Focus your energy on the critical 20% of your tasks that give you 80% of the rewards
A critical tool in the world of engineering problem solving is the Pareto Analysis, also known as the 80/20 principle. This tool gives you the clarity of mind to focus your efforts on the ‘big hitters’, the problems which are giving you the majority of your losses. By focusing on these big ticket items, not only do you know you’re working on the right problem, but you typically will receive the most reward for the least effort!
Try it yourself, list your current health, personal, work, issues and leverage your efforts to maximise the reward.
Rate them in order of severity, frequency of occurrence, time wasted, money wasted, whatever measure that you’re trying to optimise.
See below an example of my “Health Pareto” from when I first began my journey to Optimal Self Health.
The results from this analysis helped me to hone my time, energy, money, effort to address the issue of lower back pain first. I identified this item as a force multiplier, figuring that if my lower back pain was no longer bothering me, I’d be able to do more sport and hopefully have more energy to tackle the next problems.
Apply Pareto Analysis to identify the action items with the greatest impact, then….take action!
Subscribe to the newsletter for a free Pareto Analysis Template, to help you perform your own health analysis. I’d love to hear how you go applying this technique.
An extension to this concept involves applying decision analysis to your actions, and re-confirming your ratings. More to come on this shortly.