"Time spent on any item of the agenda will be in inverse proportion to the sum involved"
- C. Northcote Parkinson
About this Quote
This quote by C. Northcote Parkinson recommends that the quantity of time invested in any product of an agenda is inversely proportional to the amount of cash involved. Simply put, the more money that is associated with a particular program product, the less time will be spent on it. This is because the more money that is involved, the more important the item is and the more attention it will receive. This is particularly true in organization settings, where time is a valuable commodity and decisions need to be made rapidly. By understanding this idea, organizations can better allocate their resources and make sure that their time is being used efficiently. Additionally, this quote can be used to other locations of life, such as personal relationships, where it is necessary to focus on the most crucial products and spend the appropriate quantity of time on them.
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