Clocking In | Business Strategy Review

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How do business leaders spend their working days? …

How do business leaders spend their working days?

This was first published in Business Strategy Review, Volume 22, Issue 4 - 2011. Subscribe today to receive your quarterly copy delivered to your home or work place. http://bit.ly/BSR-subscribe

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  • 1. © Copyright 2014 London Business School Clocking in Meetings, emails, thinking? How do business leaders spend their working days?
  • 2. BUSINESS STRATEGY REVIEW 2 CEO time 60% of CEO time is taken up by meetings; CEOs spend 25% of their time on phone calls and at public events; only 15% of CEO time is spent working alone. bnet.com 60% 15%25%
  • 3. BUSINESS STRATEGY REVIEW 3 Work-related 56% of managers visit work-related websites during their free time and 30% read work-related books. Chartered Management Institute 56% 30%
  • 4. BUSINESS STRATEGY REVIEW 4 Time with others CEOs spend the majority of their time with other people (83%). Of these, most are employees of the same firm, but many are not. On average, CEOs spend 42% of their time with insiders only, 25% with both insiders and outsiders and 16% with outsiders alone. hbs.edu 42% INSIDERSONLY 0% 100%50% 25% BOTHINSIDERS ANDOUTSIDERS 0% 100%50% 16% OUTSIDERS ALONE 0% 100%50% 12 TIMESPENTWITHOTHERS 83%
  • 5. BUSINESS STRATEGY REVIEW 5 Workouts 85% of CEOs say they exercise daily. 70% begin their day with a workout of some kind while 15% exercise between meetings or during a lunch hour. Yahoo!Finance 70% 15%
  • 6. BUSINESS STRATEGY REVIEW 6 Unpaid work Managers spend an average of 2.5 hours a week doing unpaid research in their own time. randstad.co.uk 12
  • 7. BUSINESS STRATEGY REVIEW 7 Lunch breaks Executives take an average lunch break of 35 minutes, though they also work through lunch three days a week. keyorganization.com 12
  • 8. BUSINESS STRATEGY REVIEW 8 Information searches Managers spend up to two hours a day searching for information; yet the same managers felt half the information they found to be useless. academic-journal.org 12
  • 9. BUSINESS STRATEGY REVIEW 9 Industry breakdown Across industries, managers spend 30% to 60% of their time on administrative work and meetings and 10% to 50% on non-managerial tasks (travelling, participating in training, taking breaks, conducting special projects or undertaking direct customer service or sales themselves). They spend only 10% to 40% actually managing employees by, for example, coaching them directly. forbes.com ADMINISTRATIVE WORK NON -MANAGERIAL TASKS MANAGING EMPLO YEES 30% 60%60% 10% 550% 10% 40%
  • 10. BUSINESS STRATEGY REVIEW 10 Twitter Just 5% of Fortune 500 CEOs have Twitter accounts. Only 50% of the accounts are active. personneltoday.com 550% ACTIVEACCOUNTS 0% 100%50% 5%
  • 11. BUSINESS STRATEGY REVIEW 11 Paperwork On average, paperwork and related tasks consume 11.6 hours per week of a manager’s time, with senior managers both spending more time on these tasks and finding it more disruptive than middle managers. getmoredone.com 12 12 12 12 12 12 12
  • 12. This was first published as part of the ‘What a day looks like’ special report, Business Strategy Review Volume 22 Issue 4 2011 Visit our website www.london.edu/bsr