EMAIL #89, 20TH, SEPTEMBER, 2020 - LEADERSHIP DURING A PANDEMIC PART 1
Over the last 6 months I have written a handful of Weekly Emails specifically about "pandemic related topics" (see # 68, 79, 83 + 87) and today I would like to continue this theme by conveying some of my key take-away's from this years "Future of Leadership" seminar. Last week I was fortunate to attend my fourth consecutive FOL seminar, but this year it was an online event with speakers from several different countries delivering virtual keynote addresses on topics related to "Leadership During A Pandemic".
Two of the keynote speeches stood out to me as particularly relevant to the pandemic affected world we are currently living and working in and I would like to convey some of the main things I have learnt from these presentations. The first topic was called "What's Essential & the 80/20 Rule" and a dot point summary of the key points are as follows.
- After living very restricted lives for several months during this pandemic, most people are asking themselves "what is actually important and what is essential in our lives?"
- A lot of people are realizing that what was really important to them last year may not be as important to them this year and what is essential in their lives has now shifted. So, we are all critically evaluating how we spend our time and our money.
- The COVID pandemic has brought about a global experiment in "essentialism", which is the belief that doing less and having less can actually lead to more fulfillment, more enjoyment and possibly more achievement in your life.
- The best way to evaluate what is important and essential in your life is to apply "the 80/20 rule" (The Pareto Principle) which states "20 percent of your activities will account for 80 percent of your results".
- This rule applies to almost every part of your life, for example "most people wear 20% of their clothes 80% of the time!" Or as Miranda Kerr, the super model, once famously said "I live by the 80/20 rule, I'm 80% healthy and 20% indulgent!"
- As we slowly come out of this pandemic, we all have the opportunity to consider what is non-essential in our lives and to reduce or eliminate these things for good?
"Remember to strive for excellence in few things, rather than a good performance in many." Richard Koch
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Thanks for reading.
Stay safe and think to the future.