According to The New One Minute Manager, what does the 80/20 Principle state?

The 80/20 Principle, also known as the Pareto Principle, suggests that a significant portion of outcomes can be attributed to a relatively small number of causes. Specifically, it states that 80% of results are often derived from just 20% of the efforts or activities. This concept highlights the importance of identifying and focusing on the most impactful tasks, as they yield the majority of results.

In a practical context, this principle encourages individuals and organizations to prioritize their activities, ensuring that they dedicate time and resources to the 20% that matters most. By doing so, they can maximize efficiency and productivity, ultimately leading to greater success with less effort. Recognizing that not all tasks provide equal results can help focus efforts more effectively and drive better outcomes.