Wednesday, October 6, 2010

Hold The Reins of Your Business With Proper Time Management

From time immemorial, people right from your parents have been emphasizing on the importance of time management. Effective time management is a crucial behavioral trait in a person and is the most important quality in business. Time Management is the proper method of managing the resources at your disposal and putting them in the best possible way to reap benefits for the company. You have been trained ever since kindergarten to make the best use of time and the same thing applies when you manage your business too. People often tend to feel overwhelmed by the sight of heavy workload and they worry about getting it done within the best possible time limit. Being focused on the job at hand will let you keep track of the clock ticking and yet finish the destined projects on time.

Proper time management is an art. It’s a combination of various factors like skills, knowledge and tools and getting them all working in your favor. Time Management does not singularly mean doing the maximum number of things within the shortest time possible. It means doing the right things at the right time and in the right way. A smart manager will know how to divide his time, allot projects to his team members, give them time to finish the project depending on the requirement of the project and guide them to accomplish their work by making best possible use of time.

To enjoy a strong sense of accomplishment, you must use time qualitatively and quantitatively. Here are a few of the common mistakes people make and then lose time without even being aware that they are wasting it.

Lack of Priority: Sometimes people start working on assignments without taking note of the deadline. They start taking work as and when each one comes and finally it’s a race against time to finish off the ones that are nearing deadline.

Unnecessary activities: Its mandatory that you postpone the unnecessary activities to another day. There might be a lot happening around you in a day that absorbs a lot of time and energy. Don’t be taken in by these things especially if they take up a lot of time.

Multi-tasking: Is good sometimes, but it affects time management and when it does, it affects your assignments too. Many people pride themselves on taking several activities at a single time, but only a small percentage of them will be remotely successful and completing them successfully. Take up one thing, finish that and start another. Take up three things, working on them simultaneously and you are not going to gain much time, you will actually be taking thrice the time.

The value of doing things lie in the fact that you choose to do the right things at the right time. Hence identify your goals and prioritize them according to the available time so as to maximize profit for yourself and people who are closely associated with that is the essence of time management training.

No comments:

Post a Comment