What is the Pareto Principle ?
The Pareto Principle, named after economist Vilfredo Pareto, specifies that 80 percent of consequences come from 20 percent of the causes, or an unequal relationship between inputs and outputs. This principle serves as a general reminder that the relationship between inputs and outputs is not balanced. The Pareto Principle is also known as the Pareto Rule or the 80/20 Rule.
Hard work and smart work go hand in hand. There is no denying that people need to work hard to create a foundation for great achievements. However, if students work smart, they can do the same amount of work faster and efficiently. Teachers need to understand the thin line between making students work relentlessly hard and enabling them to learn smart work.
There is a preconceived notion among students that to succeed one must put in effort and work hard for it. Some people also think that one should give up everything else and focus all their energies on the final goal. While this is somewhat true, they can do the same amount of work in a shorter time by simply working smarter.
Merging Hard Work & Smart Work Together
To help students succeed in life, teachers should push students to practice both hard work and smart work simultaneously. It is essential to work hard first because only then will students understand the depth of exactly what they are doing and then devise a smarter plan accordingly. The unfortunate truth is that in this fast-paced world, people want to switch to smart work but don’t put in any effort first. This could lead to a downfall. Like during preparation for competitive exams such as the UPSC, CAT, GMAT etc. people put in very little time to get the concepts right and jump to problem solving. Instead, they should focus more on concepts which would be hard work at the start but will make the process a lot simpler and easier.
Students must understand the project thoroughly, plan, and build a process around it. When they do this, they’ve framed all the possibilities, and only then can they undertake an easier way of completing the task. With teacher’s input, working smart won’t be much of an issue, and students will be able to work efficiently using fewer resources and time. The trick is to combine hard work and smart work.
Example: Every talented artist trains and gets mentored to perfect their skills. They spend years practicing without taking any breaks or shortcuts to make themselves the best. Once they reach the peak of success, they tend to make fewer errors and are more experienced. This results in better time management and less use of energy and effort. They have now become smart, but they started by working hard. This rule applies to every sphere of life.
Differences Between the Two
Let’s take a look at some of the differences between working hard vs working smart.
Meaning
Hard work means putting in a lot of time and effort doing a certain amount of work. Whereas, smart work means spending less amount of time performing the same amount of work.
Aim
Hard work aims at the quantity and may become monotonous and boring after a certain period. Smart work aims at achieving goals with quality.
Process of Working
Working hard involves a lot of tedious work which is carried out traditionally. But, if people work smartly, they can achieve more output by working in an unconventional and modern way which could include attending webinars, classes, and coaching.
Conceptualization
Hard work utilizes the traditional format of working, and there aren’t many changes involved. On the other hand, smart work involves using old ideas and transforming them to yield better results.
End Goal
People who work hard sometimes feel that they weren’t able to achieve their set goal. Smart workers attain their goals faster through proper time management.
A simple way to turn hard work into smart work is by understanding the aftermath of the process. If students keep on working continuously without any reliable results, then they should consider working smartly. Rather than focusing all the attention on just the work, think about all the alternatives that can be undertaken to do the same amount of work in less time. Set deadlines and goals that they should achieve in a set timeframe and prioritize the important tasks first. This way you will not waste a lot of time on unimportant things.
Contrary to this, some people believe that there is no replacement for hard work. Working smart is a shortcut that doesn’t work at all stages of life. Still, smart work has no doubt worked for many. If one can achieve the same quantity of work at the same time, that is not exactly a shortcut; it is just a better alternative.
Conclusion
If you can incorporate working hard and smart together, you will achieve great heights and lead yourself to a better life. One who works hard and smart will in due course of time procure all the benefits and rake in the golden opportunity to probably not work at all.
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