SM2.0 80/20 Principle – Double Sales, Triple Profits

Introducing the 80/20 Principal The 80/20 Principle asserts that a minority of causes, inputs or effort usually lead to a majority of the results, outputs or rewards. Taken literally, this means that 80 percent of what you achieve in your job comes from 20 percent of the time spent. This implies that: 80% of your […]

SM2.2 80/20 Problem Solving

It is very common in business to be faced with a dilemma where you have a large number of alternative solutions to a problem.  It is unclear as to which are the major contributors to the problem, or the best way to go, to help you solve the problem.

SM2.5 How to do an 80/20 Data Analysis

We frequently refer to the 80/20 Rule in 12Faces.  It assumes you can spot the best and worse performers among your products, market, staff and customers.  This article explains the simple methodology behind quickly allocating each candidate to a slot in the rankings chart.  Blue Belt

SM2.6 80/20 Business Analysis

We talk about the 80/20 Rule a lot in 12Faces.  This article looks specifically at how to analyse many parts of your business with 80/20 to rapidly improve productivity.  It is a mix of Yellow and Blue Belt

SM2.9 80/20 Staffing

Labour costs are typically 50-70% of your operating costs so anything you can do to improve labour productivity is a good thing.  The 80/20 Rule can be applied to the issues around staffing so that your business can operate as effectively as possible.  Yellow Belt

SM2.11 80/20 Inventory Management

If inventory is something you have to manage in your business, the The Amazing 80/20 Rule Tool can have a powerful impact on Profit and Cashflow.

This is a Yellow Belt article.

SM2.10 80/20 Sales Growth; Double Sales, Triple Profits

The 80/20 Rule is readily applied to your sales team and processes. We outline some of the ways to improve sales performance in this discussion. The 80/20 Rule points out that sales can improve by as much as 16 times through diligent implementation of its principals.  That might be a bit too far fetched for now but doubling Sales and tripling Profits is rather more likely.  Yellow Belt

Further reading on this topic was discussed in the article: SM2.1 The Amazing 80/20 Rule Tool

SM2.4 80/20 Decision Making

Smaller business operators are constantly making decisions  – large and small.  The 80/20 Rule suggests some tools that might help with faster, better, smarter decisions.

SM2.8 80/20 Maestro

It is one thing to see the benefits of the 80/20 Rule and quite another to have the discipline to implement it. Read on to find out how to exploit this tool.  Yellow Belt

SM2.1 The Amazing 80/20 Rule Tool

Would you be interested in knowing a way to increase your productivity by 16 times!  

Got your attention?  The following material gives an insight into how this is possible.

 

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