EditorialsBy Matt Bud, Chairman, The FENG

The 80/20 rule

From our daily member newsletter on February 19, 2018

I have always been a keen observer of managers. One of my favorites was a gentleman who worked at the Thomson Corporation in a senior financial role. He was one of those tall wiry types who always seemed to be in motion even when he was standing still. Sort of like your favorite basketball coach. (He also talked loud most of the time like he was trying to be heard over a crowd. But, I digress.) Anyway, one of my favorite discussions he held was at a meeting shortly after I met him when he discoursed at length on the good old 80/20 rule. (He also talked about giving him a 20,000 foot review of your areas of responsibility, but [ Read more… ]

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