02/23/2023
Pareto’s Law, or the 80/20 rule, states that a few critical causes drive the vast majority of results. 20% of the effort drives 80% of results, so efficiency is achieved by determining and focusing on the right 20%. At Xelay, the practice of having a Day 1 answer pushes us to confirm the objectives for all actions early on, plan and prioritize to complete the most impactful pieces first, and communicate often so our strategies can be adjusted quickly, so that we can be “done” today. When properly applied, the 80/20 rule allows us to allocate time and resources effectively to ensure maximum return per investment.
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