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TIME MANAGEMENT
TIME IS MONEY
 You can make money; you cant make time.
 An inch of gold cannot buy an inch of time
(Chinese proverb).
WHY TIME MANAGEMENT ?
 To utilise the available time in
optimum manner to achieve ones
personal and professional goals.
TIME FOR EVERYTHING
 Take time to work,it is the price of success
 Take time to think,it is the source of power
 Take time to play,it is the source of youth
 Take time to read,it is the source of wisdom
 Take time to love, it is the privilege of Gods
 Take time to serve,it is the purpose of life
 Take time to laugh,it is the music of soul
HOW TO LIVE ON TWENTY-
FOUR HOURS A DAY
 Arnold Bennetts book published in 1907.
 Henry Ford gave 500 copies of the book to
his managers.
 President of another American motor
company issued 18000 copies  one to each
employee.
TIME AWARNESS  TIME
TRACKING
 Peter Drucker : Make sure you know
where your time goes.
 Dont depend on memory. Keep a time log.
 See that your time is spend as per your
priorities or your core responsibilities.
MANAGERS TIME
 Planning is key managerial function but
research shows that less than 5% of
management time goes on planning.
 Pareto Principle : Twenty percent of your
time will produce 80% of your productive
output. Can you afford not to manage at-
least that 20% ?
 Parkinsons Law : Work expands to fill the
time available for it. Beware !
TIME MANAGEMENT MATRIX-
CLASSIFICATION OF ACTIVITIES
URGENCY/
IMPORTANCE
URGENT NOT URGENT
IMPORTANT 1 2
NOT
IMPORTANT
3 4
EFFICIENCY vs EFFECTIVENESS
 Often worst performers are those who seem
to be working hardest and longest. They are
very busy but not necessarily effective.
COMMON TIME MANAGEMENT
PROBLEMS : PROCRASTINATION
 Procrastination : Putting off the doing of
something intentionally and habitually.
 If you suspect yourself; ask yourself  why
am I putting this off?. If there is no reason.
Do it. Do not confuse reason with excuse.
 PROCRASTINATION is worlds number
one time waster. Banish it from your life.
There is no time like present to do any
work.
COMMON TIME MANAGEMENT
PROBLEMS : POOR DELEGATION
 Do not spend time on a work that can be
done ,to a satisfactory level, by your
subordinate.
 Delegation saves your time and develops
subordinates
 Delegation improves results by making fuller
use of resources
 Delegation implies transferring initiative and
authority to another
THE ART OF DELEGATION
 Delegation begins with a deep sense of the
value and limits of your time.
 Managers often complain that they are
running out of time when their subordinates
are running out of work.
 Delegating the more routine or predictable
part of ones job is only the first step.
 Delegation is not abdication. Some degree
of control needs to be maintained.
DIFFICULTIES IN DELEGATION
 Its risky.
 We enjoy doing things.
 We dont sit & think.
 Its a slow process.
 Like to be top of everything.
 Will subordinate outstrip us?
 Nobody can do it as well as I can.
 Delegation is a great motivator. It enriches
jobs, improves performance & raises morale
of staff.
COMMON TIME MANAGEMENT PROBLEMS
OFFICE MIS-MANAGEMENT
 Develop an efficient system of office working.
 Muddle makes work and wastes time. Strive
for good order in your office.
 Utilise all resources fully.
 Handle telephone properly. Dont let it
become a nuisance.
 To the extent possible, handle a piece of paper
only once.
TIME EFFECTIVENESS IN OFFICES
 Time can be wasted imperceptibly if your work
area is not organised well. Your desk should be
clear of all paper except the specific job on hand.
It invites you to think about one thing at a time.
Concentration is a great time saver.
 Paper work : Recommended principle is to
handle each piece of paper only once.
 Sort papers under : FOR ACTION/
FOR INFORMATION/ FOR READING/ FOR
WASTE PAPER
 BOTTOM DRAWER
EFFECTIVE WRITING
 Clarity, simplicity and conciseness are
essentials of good writing.
 Think, List and then Arrange.
 Do not cover too many subjects in one
letter.
 Strive to write one page letters. These are
more digestible.
MAKE THE TELEPHONE WORK FOR
YOU
 Telephone is a great time-saving tool in
right hands.
 Plan your calls.
 Set aside a period of time for making and if
possible, receiving calls
 Timing for each call.
HOW TO CONTROL INTERRUPTIONS
 Set a time limit and stick to it.
 Set the stage in advance : You are very busy with a
deadline in light.
 With casual droppers-in, remain standing.
 Meet in other persons office.
 Get visitors to the point.
 Be ruthless with time but gracious with people.
 Have a clock available .
 Use a call-back system for telephone calls.
YOUR PROFESSIONAL ASSISTANT
 Transform your PA/Secretary into
Professional Assistant .
 Your PA can help you save time by
 Keeping unwanted callers at bay  by diverting
them to appropriate person.
 Minimizing interruptions; can arrange
interviews suitably.
 Dealing with routine correspondence.
COMMON TIME MANAGEMENT
PROBLEMS : MEETINGS
 Meetings are potential time wasters.
 Meetings are necessary evil; distractions from
ones regular work.
 Try to say No to a meeting where you are not
required.
 Agenda should be definite. Every one should
receive the agenda and relevant papers well in
advance.
 There should be a finishing time for meeting.
DOs/ DONTs FOR
BOSS/CHAIRPERSON/ADMINISTRATOR
 Do not call a meeting unless it is necessary
 Do not call a meeting if the task can be handled by a call
or by a small group through formal/ informal discussion
 Meetings are not required to:
 Boss around or give messages
 Socialise
 Rubber stamp decisions
 Pass on information
 Promote private or hidden agenda
 Continue the habit
DOs/DONTs FOR
BOSS/CHAIRPERSON/ADMINISTRATOR
 Call only those who are involved
 Have a written agenda and circulate to all
along with supporting papers
 Do not over-pack the agenda
 Agenda should not have Any other item
 Start on time
 Stick to agenda
 Beware of Hijackers
DOs/DONTs FOR PARTICIPANTS
 Come prepared (with facts and figures)
 Come on time
 Talk to the point.Do not try to divert the
discussion
 Do not try to hijack the meeting
BOSS-IMPOSED TIME
 Time spent doing things we would not be
doing if we did not have bosses.
 Keeping bosses satisfied takes time, but
dealing with dissatisfied bosses takes even
more time.
 Failing to invest sufficient time to satisfy
bosses always results in more & more boss-
imposed time. With lesser time for others.
PLANNING THE DAY
 Prepare a list of priorities for the day based on
urgency and importance.
 Get the timing right.
 Morning is the time for hard work.
 Interesting work, meetings and social events can
take place in off-peak time.
 Have work-breaks to over come fatigue.
 Living 100% in the present improves your work
output.
OTHER TIME SAVERS
 Concentration, Avoid interruptions
 Use of committed time
 Good Health
 Do not let your subordinate come to you
with problems unless they bring their
proposed solutions.
THANK YOU

More Related Content

Effective Time Management and Key CheatSheets.ppt

  • 2. TIME IS MONEY You can make money; you cant make time. An inch of gold cannot buy an inch of time (Chinese proverb).
  • 3. WHY TIME MANAGEMENT ? To utilise the available time in optimum manner to achieve ones personal and professional goals.
  • 4. TIME FOR EVERYTHING Take time to work,it is the price of success Take time to think,it is the source of power Take time to play,it is the source of youth Take time to read,it is the source of wisdom Take time to love, it is the privilege of Gods Take time to serve,it is the purpose of life Take time to laugh,it is the music of soul
  • 5. HOW TO LIVE ON TWENTY- FOUR HOURS A DAY Arnold Bennetts book published in 1907. Henry Ford gave 500 copies of the book to his managers. President of another American motor company issued 18000 copies one to each employee.
  • 6. TIME AWARNESS TIME TRACKING Peter Drucker : Make sure you know where your time goes. Dont depend on memory. Keep a time log. See that your time is spend as per your priorities or your core responsibilities.
  • 7. MANAGERS TIME Planning is key managerial function but research shows that less than 5% of management time goes on planning. Pareto Principle : Twenty percent of your time will produce 80% of your productive output. Can you afford not to manage at- least that 20% ? Parkinsons Law : Work expands to fill the time available for it. Beware !
  • 8. TIME MANAGEMENT MATRIX- CLASSIFICATION OF ACTIVITIES URGENCY/ IMPORTANCE URGENT NOT URGENT IMPORTANT 1 2 NOT IMPORTANT 3 4
  • 9. EFFICIENCY vs EFFECTIVENESS Often worst performers are those who seem to be working hardest and longest. They are very busy but not necessarily effective.
  • 10. COMMON TIME MANAGEMENT PROBLEMS : PROCRASTINATION Procrastination : Putting off the doing of something intentionally and habitually. If you suspect yourself; ask yourself why am I putting this off?. If there is no reason. Do it. Do not confuse reason with excuse. PROCRASTINATION is worlds number one time waster. Banish it from your life. There is no time like present to do any work.
  • 11. COMMON TIME MANAGEMENT PROBLEMS : POOR DELEGATION Do not spend time on a work that can be done ,to a satisfactory level, by your subordinate. Delegation saves your time and develops subordinates Delegation improves results by making fuller use of resources Delegation implies transferring initiative and authority to another
  • 12. THE ART OF DELEGATION Delegation begins with a deep sense of the value and limits of your time. Managers often complain that they are running out of time when their subordinates are running out of work. Delegating the more routine or predictable part of ones job is only the first step. Delegation is not abdication. Some degree of control needs to be maintained.
  • 13. DIFFICULTIES IN DELEGATION Its risky. We enjoy doing things. We dont sit & think. Its a slow process. Like to be top of everything. Will subordinate outstrip us? Nobody can do it as well as I can. Delegation is a great motivator. It enriches jobs, improves performance & raises morale of staff.
  • 14. COMMON TIME MANAGEMENT PROBLEMS OFFICE MIS-MANAGEMENT Develop an efficient system of office working. Muddle makes work and wastes time. Strive for good order in your office. Utilise all resources fully. Handle telephone properly. Dont let it become a nuisance. To the extent possible, handle a piece of paper only once.
  • 15. TIME EFFECTIVENESS IN OFFICES Time can be wasted imperceptibly if your work area is not organised well. Your desk should be clear of all paper except the specific job on hand. It invites you to think about one thing at a time. Concentration is a great time saver. Paper work : Recommended principle is to handle each piece of paper only once. Sort papers under : FOR ACTION/ FOR INFORMATION/ FOR READING/ FOR WASTE PAPER BOTTOM DRAWER
  • 16. EFFECTIVE WRITING Clarity, simplicity and conciseness are essentials of good writing. Think, List and then Arrange. Do not cover too many subjects in one letter. Strive to write one page letters. These are more digestible.
  • 17. MAKE THE TELEPHONE WORK FOR YOU Telephone is a great time-saving tool in right hands. Plan your calls. Set aside a period of time for making and if possible, receiving calls Timing for each call.
  • 18. HOW TO CONTROL INTERRUPTIONS Set a time limit and stick to it. Set the stage in advance : You are very busy with a deadline in light. With casual droppers-in, remain standing. Meet in other persons office. Get visitors to the point. Be ruthless with time but gracious with people. Have a clock available . Use a call-back system for telephone calls.
  • 19. YOUR PROFESSIONAL ASSISTANT Transform your PA/Secretary into Professional Assistant . Your PA can help you save time by Keeping unwanted callers at bay by diverting them to appropriate person. Minimizing interruptions; can arrange interviews suitably. Dealing with routine correspondence.
  • 20. COMMON TIME MANAGEMENT PROBLEMS : MEETINGS Meetings are potential time wasters. Meetings are necessary evil; distractions from ones regular work. Try to say No to a meeting where you are not required. Agenda should be definite. Every one should receive the agenda and relevant papers well in advance. There should be a finishing time for meeting.
  • 21. DOs/ DONTs FOR BOSS/CHAIRPERSON/ADMINISTRATOR Do not call a meeting unless it is necessary Do not call a meeting if the task can be handled by a call or by a small group through formal/ informal discussion Meetings are not required to: Boss around or give messages Socialise Rubber stamp decisions Pass on information Promote private or hidden agenda Continue the habit
  • 22. DOs/DONTs FOR BOSS/CHAIRPERSON/ADMINISTRATOR Call only those who are involved Have a written agenda and circulate to all along with supporting papers Do not over-pack the agenda Agenda should not have Any other item Start on time Stick to agenda Beware of Hijackers
  • 23. DOs/DONTs FOR PARTICIPANTS Come prepared (with facts and figures) Come on time Talk to the point.Do not try to divert the discussion Do not try to hijack the meeting
  • 24. BOSS-IMPOSED TIME Time spent doing things we would not be doing if we did not have bosses. Keeping bosses satisfied takes time, but dealing with dissatisfied bosses takes even more time. Failing to invest sufficient time to satisfy bosses always results in more & more boss- imposed time. With lesser time for others.
  • 25. PLANNING THE DAY Prepare a list of priorities for the day based on urgency and importance. Get the timing right. Morning is the time for hard work. Interesting work, meetings and social events can take place in off-peak time. Have work-breaks to over come fatigue. Living 100% in the present improves your work output.
  • 26. OTHER TIME SAVERS Concentration, Avoid interruptions Use of committed time Good Health Do not let your subordinate come to you with problems unless they bring their proposed solutions.