Business Value of Time

Business Value of TimeWhy the Real World Rewards On-time Performance Bong De Ungria 2012

Professor’s Note:Why submitting MBA assignments on-time isimportantThis mini-lecture aims to explain why on-time performance in MBA classes is necessary.Often, students take for granted the TRUE BUSINESS value of time, adversely affecting the potential real- life learning and training that they can get.The classroom is a practice for real life! Don’t waste it. - vCoach Bong De Ungria, 2012

Outline:Business Value of Time1. Famous quotations2. Business situations where time is key3. Class Policy on assignments

“The only reason for timeis so that everythingdoesnt happen at once.” Albert Einstein

“Punctualityis the stern virtue of men of business,and the graceful courtesy of princes” Edward G. Bulwer-Lytton

Your Time is Gold,I offer Value for Your Time Bong De Ungria Golden Value Manager, 1994

Law of The Farm wins vs.the Illusion of the Cram Stephen Covey

Can you be late for?1. Contract Bidding

Can you be late for?1. Contract Bidding2. Product Launching

Can you be late for?1. Contract Bidding2. Product Launching3. Board meeting

Can you be late for?1. Contract Bidding2. Product Launching3. Board meeting4. Plane

Can you be late for?1. Contract Bidding2. Product Launching3. Board meeting4. Plane5. New Year

Can you be late for?1. Contract Bidding2. Product Launching3. Board meeting4. Plane5. New Year6. Tax Filing

Class Policy for assignments1. On-time: Highest Possible grade is 4.02. Late (even if 1 minute) Highest possible grade is 2.0.3. Must submit, even if late, to pass/completethe course

What is on-time?11:59 pm of the day before class

Why 11:59 pm?1. Instill real business, exact value of time2. Avoids = Results 1. Late night work (3 am) = sleeping in class 2. Doing assignment on class day= absent or tardy 3. Accumulation of work= poor quality3. Destroys myth that mere attendance= passing the course

Why email file and not justsend link? Links to files don’t change but files (on slideshare) can Emails bear time and date stamp that cannot be changed Email to: vcoach.serves@gmail.com Upload on slideshare, embed in your blog, post on assigned Facebook link

Special considerationsmay be given1. On extreme cases only2. Cant encourage those who don’t follow3. Cant discourage those who do4. Assignments are discussed in class so late submissions get undue advantage

Wait, One Last Thing!

To move ahead,you must finish first

Business Value of TimeWhy the Real World Rewards On-time Performance Bong De Ungria 2012

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Business Value of Time

by Remigio Joseph DeUngria on Jan 06, 2012

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