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The Personal MBA: The Book

Master the Art of Business - by Josh Kaufman, founder of PersonalMBA.com

Parkinson’s Law

This is a preview of a concept contained in The Personal MBA by Josh Kaufman, a book that will help you master the fundamentals of business, hone your business instincts, and save a fortune in tuition. The Personal MBA distills the most powerful principles of business and delivers them quickly and concisely. Order your copy now…

What is “Parkinson’s Law”?

“Work expands so as to fill the time available for its completion.” — Cyril Northcote Parkinson, naval historian and management theorist

Key Points:

  • Parkinson’s Law: “Work expands so as to fill the time available for its completion.” If something must be done in a year, it’ll be done in a year. If it must be done in six months, then it will.
  • Parkinson’s Law can’t be used to set unreasonable deadlines.
  • Parkinson’s Law is best used as a Counterfactual Simulation question. What would it look like to finish a project on a very short period of time?

Questions for Consideration:

  • A there any areas of your life that are open-ended, without any sort of limitation?
  • How can you use Parkinson’s Law to set a productive artificial limitation to increase your efficiency?

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