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TIME MANAGEMENT
TIME IS MONEY
• You can make money; you can’t 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 one’s
personal and professional goals.
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% ?
• Parkinson’s 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
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
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 person’s 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 PROFESSIONALASSISTANT
• 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
one’s 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.
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.
RECAP
• Identify and make use of “up” and “down” time.
• Learn to say “NO.” It is not a crime.
• Make use of committed time – travel time, waiting
time etc.
• Plan the day.
• Set goals and work towards achieving them.
• Keep the Boss happy.
THANK YOU

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Presentation on time management 1

  • 2. TIME IS MONEY • You can make money; you can’t 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 one’s personal and professional goals.
  • 3. 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% ? • Parkinson’s Law : Work expands to fill the time available for it. Beware !
  • 4. TIME MANAGEMENT MATRIX- CLASSIFICATION OF ACTIVITIES URGENCY/ IMPORTANCE URGENT NOT URGENT IMPORTANT 1 2 NOT IMPORTANT 3 4
  • 5. 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
  • 6. 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 person’s 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.
  • 7. YOUR PROFESSIONALASSISTANT • 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.
  • 8. COMMON TIME MANAGEMENT PROBLEMS : MEETINGS • Meetings are potential time wasters. • Meetings are necessary evil; distractions from one’s 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.
  • 9. 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.
  • 10. RECAP • Identify and make use of “up” and “down” time. • Learn to say “NO.” It is not a crime. • Make use of committed time – travel time, waiting time etc. • Plan the day. • Set goals and work towards achieving them. • Keep the Boss happy.