PARETO MUST WIN THIS ELECTION !

As you’re reading this i can only imagine the questions you are asking.  “Neil don’t you know the election is over?” and “who is this Italian guy your talking  about?”

First things first. Yes I know the election is over. Donald Trump is now the president of the United States. Shocking to some, wonderful news to others. So why am I saying another person should win the election and who is he?

Vilfredo Pareto was a French economist who died in 1923 in Switzerland. So am I advocating dead people to not only vote but win? Not at all. Mr. Pareto was known for many things including a principle named after him. In a nutshell the principle states that, for many phenomena, 20% of invested input is responsible for 80% of the results obtained.

There are many adaptations of this principle including my favorite that states when faced with a challenge we should allocate 20% of our time, energy and focus on the problem and 80% on possible solutions. This has served me very well both in business and in personal relationships. How many times have you wasted time disagreeing with someone about something trying to decide who’s fault it is, who is to blame and why things are bad? Once you decide who takes the blame you are often nowhere nearer to solving the problem than when you began.

As this election unfolded several issues were brought up and people became divided and hateful. After the election is over these issues still remain and some may save have only become magnified. So now what do we do and what can we take from a dead Frenchman?

First, the 20%. We need to all get together and spend 20% of our time on these challenges. There are several challenges facing this fine nation. The first step to solving any challenge is getting clear as to what the challenge is. This may sound silly at first, but how many times have you seen or even been a part of a disagreement only to discover the two parties (or more) were disagreeing about completely different things. The next step is to discover the cause of these issues. Now here is where a lot of people turn to blame. First of all it is very seldom, if ever, only one party’s fault. Often there is a failure to communicate clearly. Perhaps there is a lack of knowledge on a subject or even person. Often if we really spend more time getting to know each other at our very core we would find it a lot more difficult to disagree.

That brings us to the 80%, the solution. When you find yourself faced with a challenge it is very important to know what both sides desire and ask yourself “what is a solution that could make both parties happy?”. Sometimes this is not possible, but when you approach a challenge this way you are far more open to hearing both sides. Explore every option, hear every opinion. Spend 80% of your time on the solution verses the problem and we will be amazed and what we can accomplish.

So although this election has divided many of us, I urge all of us to focus 20% on what our issues may be and 80% on how we can solve them for the best interest of everyone. That includes our newly elected president as well as those who came up short.

I will leave you with a final thought from one of my favorite presidents

“A House divided against itself cannot stand” – Abraham Lincoln

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s