What will happen if we pay little attention to the marginal gains and continue our efforts to address the same?, have you ever tried that?
Being an Energy Conservation expert, i advise my clients to pay more attention on the small things which they have easy access to implement and adopt. i would like to discuss my latest learning on the phenomenon called “Aggregate of Marginal Gain” is a powerful and effective methodology to achieve improvement.
Yes, the concept helped the British Cyclists to win the title in less than three years’ time, and also they won gold medals in Olympics!!!
This idea, of improving the performance by just 1 percent may not be “catchy” at an instant! but it is more meaningful and delivers results in long run. In another way we can say an “aggregate of 1% increase” in marginal losses will bring devastating results. Many business issues often reveal to us that, the problem may not be of an instant type, it was likely an aggregated result of small issues which exists for a long time and un noticed.
I came across this graphical representation, this clearly shows, that 1% improvement and 1% decline both show no difference at all, but with the prolonged time, it starts aggregated and shows huge impacts.
