Are you confused in utilizing your resources and find it difficult to manage your work? Then this course is for you. Pareto Analysis teaches you about time management and how to effectively utilize the resources available with you. After enrolling, readers can gain expert knowledge on how to use Pareto Principles, learn how to learn Pareto Analysis using graphs.
The course begins with an interesting note which explains how 80% of Italy's wealth was held by 20% of population. This principle was introduced by Vilfredo Pareto long back in 1879. Even though it was introduced over a century ago, it still proves to be an useful tool even today. The main underlying concept in this Pareto Principle is "you get 80% of your results from just 20% of your time and effort.
This course also lists the uses of Pareto Principle. They are:-
It helps to reduce operating costs
It is used to bridge the gap between efforts and achievements
It helps to grow and develop the business
It helps to identify crucial problems
It helps you to focus on and use your core strengths
It helps to focus on activities that produce the greatest outcomes
It helps to maximize productivity
It helps to eliminate or reduce non productive and low priority activities
It is used as an gross error checking tool
Effective Time Management, the Pareto Way means you should focus your efforts on giving your best shot to the top 20% of your activities. So, you should take a piece of paper and jot down all the activities or tasks you need to do in a day. Prioritize the activities and keep the top priority task on top of the list. So, don't fuss about the things that will do very little difference in your life.
The course also teaches the readers on areas of application of Pareto Principle. They are:-
Time Management
Maximizing Productivity
Achieving Sales Targets
Critical Mistake Analysis
Loyalty Marketing Strategy
Customer Relationship Management
The readers learn to classify the problems, make a list of problem categories etc. One can also learn how to use the Pareto Chart in categorizing the data and helps to identify the problem and how to narrow down the causes of such problems. The readers also get an in-depth knowledge about the 4 phases of Pareto Analysis which are
Phase I: Identification of Causes of Defects
Phase II: Collection of Sample Data
Phase III: Summarizing and Graphical Representation of Results
Phase IV: Interpreting and Applying the Graphed Results
No prior knowledge is required for enrolling in this course. There are 15 downloadable course materials which covers whatever you need to master in Pareto Analysis.
Are you looking to increase the efficiency in your workplace with the available resources and increase your productivity - Just enroll in this course quickly and grab the opportunity!!
