10 Effective Time Management Strategies for Boosting Productivity.pdf
Time Management
1.
2. Time management - “is the act or process of
planning and exercising conscious control over the
amount of time spent on specific activities,
especially to increase…….. effectiveness,
efficiency or productivity.Time management may
be aided by a range of skills, tools, and techniques
used to manage time when accomplishing specific
targets, tasks, projects and goals complying with
a due date ...”
3. This needs a wide scope of activities
planning, allocating, setting goals, delegation,
analysis of time spent, monitoring, organizing,
scheduling, and prioritizing…
5. “To-do list /task list” most easiest to practice in
life
Map out everything that is important, by
making a task list
Create "an oasis of time" for one to control
Say "No"
Set priorities
Don't drop everything
Don't think a critical task will get done in
one's spare time
6. ABC analysis
A technique that has been used in business
management for a long time is the categorization of
large data into groups.These groups are often marked
A, B, and C—hence the name. Activities are ranked
upon these general criteria:
A –Tasks that are perceived as being urgent and
important,
B –Tasks that are important but not urgent,
C –Tasks that are neither urgent nor important.
7. Pareto analysis
This is the idea that 80% of tasks can be completed in 20% of the
disposable time.The remaining 20% of tasks will take up 80% of the
time.This principle is used to sort tasks into two parts.According to this
form of Pareto analysis it is recommended that tasks that fall into the
first category be assigned a higher priority.
The 80-20-rule can also be applied to increase productivity: it is assumed
that 80% of the productivity can be achieved by doing 20% of the tasks.
Similarly, 80% of results can be attributed to 20% of activity. If
productivity is the aim of time management, then these tasks should be
prioritized higher.
It depends on the method adopted to complete the task.There is always
a simpler and easy way to complete the task. If one uses a complex way,
it will be time consuming. So, one should always try to find out the
alternate ways to complete each task.
8. POSEC method
POSEC is an acronym for Prioritize by Organizing, Streamlining, Economizing
and Contributing.
The method dictates a template which emphasizes an average individual's
immediate sense of emotional and monetary security. It suggests that by
attending to one's personal responsibilities first, an individual is better positioned
to shoulder collective responsibilities.
Inherent in the acronym is a hierarchy of self-realization which mirrorsAbraham
Maslow's "Hierarchy of needs“
Prioritize -Your time and define your life by goals.
Organizing -Things you have to accomplish regularly to be successful. (Family
and Finances)
Streamlining -Things you may not like to do, but must do. (Work and Chores)
Economizing -Things you should do or may even like to do, but they're not
pressingly urgent. (Pastimes and Socializing)
Contributing - By paying attention to the few remaining things that make a
difference. (Social Obligations).
9. -There will be a million marriages in this country
this year and 500000 divorces.
95% of divorces are caused by a "lack of
communication
-80% of employees do not want to go to work on
Monday morning. By Friday, the rate only drops to
60%
-On an average day, there are 17 million meetings
in America
10. -95% of the books in this country are purchased
by 5% of the population. 95% of self-
improvement books, audio tapes, and video
tapes purchased are not used.
-20% of the average workday is spent on
"crucial" and "important" things, while 80% of
the average workday is spent on things that
have "little value" or "no value".
11. -In the last 20 years, working time has
increased by 15% and leisure time has
decreased by 33%
-9 out of 10 people daydream in meetings
-60% of meeting attendees take notes to
appear as if they are listening.
12. -25% of sick days are taken for illness. 75% of
sick days are taken for other reasons
-95% of the things we fear will occur, do not
occur.
-Taking 5 minutes per day, 5 days per week to
improve one’s job will create 1,200 little
improvements to a job over a 5 year period.
13. -GoodTime Managers do not allocate their time to
those who "demand" it, but rather, to those who
"deserve" it.
-70% of business and professional people use a "to
do" list on a regular basis to administer their "have
to’s".
-5% of business and professional people use a "to
do" list on a regular basis to administer not only
their "have to’s", but also their "want to’s
14. -"If you always do what you’ve always done,
you always get what you’ve always got."To
change our output, we must change our input.