Often times as humans we all wish that there was more time in the day. When the day is over and we look back at what we would have accomplished, more often than not we wonder where all of those hours went. Time management is a big issue for most people in the world. We’re all just a little bit crunched for time and the workplace is no exception.
Time management is defined as the process of planning and controlling how much time to spend on specific activities. Good time management enables an individual to complete more in a shorter period of time, lowers stress, and leads to career success. Time management isn't that enigmatic black magic that so few people understand. In fact, as long as they get organized first, anybody can manage their time efficiently. Without organization, it's hard to see exactly what needs to be accomplished in the day and how important each of these things is to your long-term goals.
When you get structured with your time, not only do you increase the ability to effectively handle your daily tasks, but you also increase the likelihood of putting time where it really matters: towards those long-term goals that you hide deep inside. If you’ve never done any goal setting in the past, now is the time to get started because it’s an absolute must-have prerequisite to effective time management. According to a study done by Corporate Finance Institute (2016) workers that have good time management skills are 45% more productive than those that aren’t.
TIPS FOR EFFECTIVE MANAGEMENT IN WORKPLACES (ORGANISATIONS)
1. Set goals correctly
When setting goals one should set goals that are achievable and measurable. Use the SMART method when setting goals. In essence, make sure the goals you set are Specific, Measurable, Attainable, Relevant, and Timely.
2. Prioritize wisely
Tasks are to be prioritized based on importance and urgency. For example, one can look at their daily tasks and determine which are:
- Important and urgent: Do these tasks right away.
- Important but not urgent: Decide when to do these tasks.
- Urgent but not important: Delegate these tasks if possible.
- Not urgent and not important: Set these aside to do later.
3. Set a time limit to complete a task
Setting time constraints for completing tasks helps you with becoming more focused and efficient. Making the small extra effort to decide on how much time you need to allot for each task can also help you recognize potential problems before they arise. That way you can make plans for dealing with them.
For instance, assume you need to write up five reviews in time for a meeting. However, you realize that you’ll only be able to get four of them done in the time remaining before the meeting. If you become aware of this fact well in advance, you may be able to easily delegate writing up one of the reviews to someone else. However, if you hadn’t bothered to do a time check on your tasks beforehand, you might have ended up not realizing your time problem until just an hour before the meeting. At that point, it might be considerably more difficult to find someone to delegate one of the reviews to, and more difficult for them to fit the task into their day, too.
4. Take a break between tasks
When doing a lot of tasks without a break, it is harder to stay focused and motivated. Allow some downtime between tasks to clear your head and refresh yourself. Consider grabbing a brief nap, going for a short walk, or meditating.
5. Organize yourself
Utilize your calendar for more long-term time management. Write down the deadlines for projects, or for tasks that are part of completing the overall project. Think about which days might be best to dedicate to specific tasks. For example, you might need to plan a meeting to discuss cash flow on a day when you know the company CFO is available.
6. Remove non-essential tasks/activities
It is important to remove excess activities or tasks. Determine what is significant and what deserves your time. Removing non-essential tasks/activities frees up more of your time to be spent on genuinely important things.
7. Plan ahead
Make sure you start every day with a clear idea of what you need to do – what needs to get done THAT DAY. Consider making it a habit to, at the end of each workday, go ahead and write out your “to-do” list for the next workday. That way you can hit the ground running the next morning.
BENEFITS OF TIME MANAGEMENT
The ability to manage your time effectively is important. Good time management leads to improved efficiency and productivity, less stress, and more success in life. Here are some benefits of managing time effectively:
1. Stress relief
Making and following a task schedule reduces anxiety. As you check off items on your “to-do” list, you can see that you are making tangible progress. This helps you avoid feeling stressed out with worry about whether you’re getting things done.
2. More time
Good time management gives you extra time to spend in your daily life. People who can time-manage effectively enjoy having more time to spend on hobbies or other personal pursuits.
3. More opportunities
Managing time well leads to more opportunities and less time wasted on trivial activities. Good time management skills are key qualities that employers look for. The ability to prioritize and schedule work is extremely desirable for any organization.
4. Ability to realize goals
Individuals who practice good time management are able to better achieve goals and objectives, and do so in a shorter length of time.
IMPLICATIONS OF POOR TIME MANAGEMENT
It is also important to consider the consequences of poor time management so as to paint the picture of what should be avoided.
1. Poor workflow
The inability to plan ahead and stick to goals means poor efficiency. For example, if there are several important tasks to complete, an effective plan would be to complete related tasks together or sequentially. However, if you don’t plan ahead, you could end up having to jump back and forth, or backtrack, in doing your work. That translates to reduced efficiency and lower productivity.
2. Wasted time
Poor time management results in wasted time. For example, by talking to friends on social media while doing an assignment, you are distracting yourself and wasting time.
3. Loss of control
By not knowing what the next task is, you suffer from loss of control of your life. That can contribute to higher stress levels and anxiety.
4. Poor quality of work
Poor time management typically makes the quality of your work suffer. For example, having to rush to complete tasks at the last minute usually compromises quality.
5. Poor reputation
If clients or your employer cannot rely on you to complete tasks in a timely manner, their expectations and perceptions of you are adversely affected. If a client cannot rely on you to get something done on time, they will likely take their business elsewhere.
Milton Jack is a Business Consultant at Industrial Psychology Consultants (Pvt) Ltd, a business management and human resources consulting firm.
Phone: +263 242 481946-48/481950
Mobile: +263 774 730 913
Main Website: www.ipcconsultants.com