It's easy to get caught up in the daily activities required for keeping the business running, which can lead to forgetting, or worse neglecting, to take time to work ON the business. Setting aside several days a year to focus on the business is important to the long-term health of the organization.
80/20 business process optimization provides us the opportunity to slow down and develop a clearer understanding of the business - revenue streams, products, and cash flows. The 80/20 process provides the framework for reflection leading to innovation and renewal. Used as a discovery tool at the leadership level, 80/20 can begin to build high level, relevant relationships that result in revenue and impacts while identifying and focusing your efforts on high payoff opportunities.