#2639: Parkinson’s Law Applied To Business

Parkinson’s Law is the idea that work expands to fit the time available for completion. In simpler terms, when given more time, we tend to take more time to complete tasks, but when given less time, we become more efficient and finish things quicker.

Time is a valuable resource, and unlike money, attention, energy, and focus, it cannot be renewed or replenished. Hence, it’s crucial to maximize the use of our time. Today, we’ll explore this concept of Parkinson’s Law and its implications for business efficiency.

Show notes:
[08:47]#1 Time.

[17:57]#2 People.

[21:21]#3 Money and budget.

[25:31]Recap

Episodes Mentioned:

609: The 5 Forms Of Investment, And How To Use Each

1026: Your Standard: The Best That You Can Do

1291: How To Raise The Standards Of A Group

1331: Never Lower The Bar Of Standards

1974: Standards: The Enemy Of Mediocrity

2097: Standards STILL Matter

2607: Why Most People Don’t Change

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