Frances O. Ponce
On September 12, 2014, our organization conducted a workshop-seminar on different topics ranging from time management, compliance training, health and weight management and the launching of our new website. The seminar was provided free to those who just got promoted in their rankings.
One of the interesting topics discussed was the concept of time management. The President of our company was the guest speaker. Basically, the concepts discussed were the Pareto Principle or the "80/20 rule" which says that 80% of your unfocused efforts generates only 20% of productive results; the highly-acclaimed 4 quadrants introduced by Stephen Covey in his book The 7 Habits of Highly Effective People which will be discussed later; the "Mayo Jar" principle also introduced by Stephen Covey and the concept of to do list.
The Pareto Principle
The Pareto Principle was introduced by Joseph M. Juran, a management consultant and he named the principle after an Italian economist Vilfredo Pareto. The principle says that out of the 80% we do all the time (i.e., errands, projects, big tasks, etc.) only produces 20% of productive results. If you do not prioritize your tasks from the most important to not important, you will spend 80% of your effort for only 20% of productive results. This principle exemplifies the importance of managing your tasks in order of priority.