This is a guest blog post by Pamela A. Scott
Greetings, friends. I hope you have learned a great deal from reading these blog posts from Anthony and Engineering Management Institute contributors over the years. Anthony and his team have done an incredible job pulling together resources and information for all of EMI’s members. When I sat down to write words of wisdom for you this month, I decided to see what’s already been done.
Why reinvent the wheel?
The 80/20 Rule
One of the first blog posts to catch my attention was Anthony’s post on the 80/20 rule (the Pareto Principle), which ran on March 13, 2024. I was introduced to this principle a lifetime ago. It has helped me and others make smarter decisions.
For example, my physical therapist (PT) keeps collecting books he wants to read to expand his knowledge. Guess what his problem is. He never has enough time to read those books. Does that sound familiar to you?
[Read more…] about Utilizing the 80/20 Rule and SMART Goals for Better Decision-Making