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Mar 04

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Time Management

time-management “Time is at once the most valuable and the most perishable of all our possessions.”John Randolph

It is constant that there are always only 24 hours in a day. Time doesn’t change. All we can actually do is manage ourselves and plan what we do with the time that we have.

Time management is an eternal activity. It requires strong will power and extreme confidence in one’s ability to do so. One has to develop a strong sense of awareness of really how important time is and invest it only in those activities that really count. No one can reject the significance of time in our life.

Time management skills are very important in everyone’s life and especially for small business people, who often find them performing many different jobs during the course of a single day. Time being an infrequent resource needs to be used proficiently. However, major interferences or obstacles to fruitful time management are as follows:

 

“Time = life; therefore, waste your time and waste of your life, or master your time and master your life.” – Alan Lakein

Attitude Problem: Most of the people waste their time and that for others.

Deficiency in planning: Some people want to attain too many things in too short a time.

Irresponsible decision: Many people try to spend most of their time on insignificant matters and spend very less time on vital jobs.

SEE ALSO: The Value of Time

Unrestrained Events: Many people are haphazard and chaotic and they waste lot of their time on searching, on phone, and meetings with drop-in-visitors.

Languid approach: Most of the people don’t know how to use time perceptively.

Adjourn action: Adjournment is often a common problem with many people because they put off things what they should do now.

Lack of delegation: Many people don’t delegate not assess what they can do. Stretching beyond limit yield negative or adverse results. After identifying major time robbers, one can make a wholehearted attempt to manage time by deploying some of the well accepted and respected principles or tools of competent time management which have been enumerated as below.

Highlight Activities: A priority is composed of two elements in various mixtures: urgency and importance. One has to prepare a list of priorities and execute the most urgent and important assignment first. In the words of Benjamin franklin “let’s all your things have their places. Let each part of your business have its time”.

“The key is in not spending time, but in investing it.” – Stephen R. Covey

Do Powerful Planning: the longest voyage starts with a single step. The 1st step is to actually managing your time is to know where and how it’s going now and plan how you’re going to use your time in the forthcoming. You have to fix time for every task. One can save a lot of time by appropriate planning.

“If you fail to plan then you are planning to fail. “

Good planning requires: The ability to assess situation and people’s capabilities correctly.
Good planning requires: A good understanding of the tasks involved.
Good planning requires: The ability to be realistic-not overambitious or over cautious.

 Discern to say ‘No’:

Time is the coin of your life. It is the only coin you have, and only you can determine how it will be spent. Be careful lest you let other people spend it for you.”Carl Sandburg

We have to learn to say ‘No’; or else we will become merely the servant to the priorities of others. Mush valuable time can be saved by saying ‘no’ with care and thoughtfulness.

Delegate Efficiently: Delegation is a good balance between control and liability, and giving away freedom and accountability. There’s no need to be a one-man show, For effective time management, you need to delegate some  of the load to others,  together with some of their own positional authority.

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