Time Management - Making Each Minute Count

Time management has received a lot of attention in recent times. Millions, even billions, of earth's inhabitants don't know how to effectively manage time.

Business leaders are also guilty of the same offense . . . squandering of valuable business time on irrelevant mundane things. As you can imagine, the cost to the organization is enormous. How does the organization's leadership, you and other leaders at different levels, design and manage your organization to ensure judicious use of the organization's time by employees?

The first step is to appreciate the extent of the problem.

A good survey will show that about 60% of your employees are engaged in time-wasting activities during business hours. Put all of that time together and convert it to cash. That should give you an idea of the amount you're losing . . . valuable money-equivalent time going down the drain.

If only you could cut that time loss by just 50%!

You could. How?

The first step to ensuring effective time management in your organization is to identify the key time wasters in the organization and to put action in place to address them.

Everyone in the organization needs to understand that time is a finite resource. And that time is equivalent to money, to business profit . . . to business growth.

I cannot over emphasize the importance of this. It is absolutely important that people in the organization fully understand the importance of time management and how their activities impact on the company's profits. Once you can sell that concept, you will begin to see appreciable improvement in people's respect for time.

However, it all starts with the leadership of the organization.

For example, as the leader, do you come late to meetings? Do you keep people waiting for hours in the meeting room just waiting for you to arrive?

Do you respect other people's time?

It's great to speak enthusiastically to employees about good management of time. But you have to go beyond just talk. As the leader, you have to show by your actions that you indeed respect and value time. And that involvement in time wasting activities is totally unacceptable.

Effective management of time will become a habit in your organization if the leadership of the organization walk the talk.

Related Topics:

Definition Of Time Management

Time Management Tips

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