**This content is background and referential ONLY**
The strategy of the 80/20 Pareto Principle can be applied to rope rescue teams and systems. This strategy can help build a team and system that is efficient, effective, and able to respond quickly during an emergency situation.
The strategy consists of two dimensions:
- identifying what matters most
- optimizing those particular elements
The idea is to focus on 20% of your efforts that will yield 80% of the results, while spending less time worrying about the other 80%. This strategy can be applied in numerous projects, such as building systems, developing processes, leadership acceleration and hundreds if not thousands of other “considerations”.
To apply this strategy effectively, it’s important to first identify which 20% should be focused on for maximum impact. One way of doing this is by analyzing the data. Measure which areas are already yielding your desired outcomes, then focus on those areas to further optimize them. Additionally, it’s important to note that this strategy is not a one-off approach; instead, it should be used as an iterative process over time in order to continue improving and optimizing results.
By using the 80/20 strategy, you can make smarter decisions and use resources more efficiently to achieve maximum impact with minimal effort. This strategy can be applied in numerous projects and processes in order to identify what matters most and prioritize those elements for optimization.
Areas to Consider within Technical (side of ) Rope Rescue:
- Principles of Rigging
- Anchors
- Fall Protection and Belay Ops
- Patient Evacuation
- Lowering Systems
- Mechanical Advantage Systems
- Working in Suspension
- Horizontal Systems
- Personal Skills
- Pick-Off and Litter Work
- Additional Training Considerations
Areas to Consider with Administrative side of Technical Rope Rescue:
- Response Initiation
- Support Structures
- Incident Action Plans
- Personal Protective Equipment
- Technical Rescue Equipment
- Technical Skills
- Knowledge and Education
- Leadership
Another strategy related to 80/20 thinking is known as “opportunity cost analysis” (OCA). This strategy helps to prioritize initiatives in order to maximize the impact on a business’s or operation’s performance. By understanding which activities are most important and where resources should be allocated, an organization can ensure they’re using their time and money in the wisest way possible.
This strategy takes into consideration the cost of not doing something as well as the cost of taking action. In other words, it looks at both sides of a decision and weighs up which option will yield the greatest benefit for the least cost. OCA is useful for organizations that need to make decisions about how best to use their limited resources.
Niched down look at building a “tech team” or… no likely “revising or re-building the tech team”
- Training (Expense vs Asset… Return on Investment)
- Gear (Expense vs Asset… Return on Investment)
- Employee Overhead and Expense
- Logistical Overhead and Expense
- Budget and Actual Tax Payer Requirements
- Vision, Planning and Implementation
- Determining Profit vs Loss
By combining 80/20 thinking with opportunity cost analysis, businesses and departments can identify areas of improvement and decide exactly how much time, money, and effort to put into each activity. This strategy encourages smart resource allocation and effective decision-making that can have a positive impact on any business’s bottom line.
By understanding how to think 80/20 and apply opportunity cost analysis, businesses and departments can make informed decisions that will yield maximum results with minimal resources. This strategy is especially useful for organizations that want to maximize their use of time and money in order to achieve their desired goals. Additionally, combining this strategy with opportunity cost analysis can help an organization to understand which activities will yield the best results and ensure that they are investing their time and money wisely.
80/20 thinking encourages intelligent decision-making and resource allocation to ensure maximum impact with minimal effort.
*The content above is for educational purposes only and not intended as legal advice.*
Peace on your Days
Lance
