What is time management? Skills of time management About Benjamin Franklin Conclusion Reference

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NITANAND
220101040024
MBA(FINANCE)
HARYANA SCHOOL OF BUSINESS

2. OUTLINE OF PRESENTATION
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 What is time management?
 About Mr. benjamin franklin
 Why Time Management is Important in
Corporate ?
 Skills of time management
 Conclusion
 Reference

3. WHAT IS TIME MANAGEMENT?
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 We all get the same 24 hours – so why do
some people seem to achieve more with
their time than others?
 The answer is good time management.
 Time management is the process of
organizing and planning how to divide your
time between different activities.

4. ABOUT MR. BENJAMIN FRANKLIN
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 Benjamin Franklin was a successful
author, politician, scientist,
philosopher, printer, inventor, activist,
and diplomat.
 Benjamin Franklin is even credited for
the statement; ‘Time is money.’

5. Why Time Management is Important in
Corporate ?
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Good time management leads to
lower levels of stress and higher
levels of job performance and life
satisfaction.
One who understands the value of
time is never overburdened and
enjoys each and every moment to the
fullest.

6. SKILLS OF TIME MANAGEMENT
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 Effective planning
 Setting goals and objectives
 Setting deadlines
 Differentiate between urgent and important
 Delegation of responsibilities
 Spending the right time on right activity
 Stay focused
 Enjoy your work
 Proper coordination
 Organize yourself
 Reduces time to reach goal & objectives

7. EFFECTIVE PLANNING
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 Plan your day well in advance.
1. Prepare a To Do List or a “TASK PLAN”.
2. Order activities according to their priority.
3. Allocate suitable time to each activity.
 Complete pending tasks one by one.
 Tick the ones you have already
completed.
 Ensure you finish tasks within the given time
period.

8. SETTING GOALS AND OBJECTIVES
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 Working without goals and targets in
an organization would be similar to a
situation where the captain of the ship
loses his way in the sea.
 Set targets for yourself and make sure
they are realistic and achievable.

9. SETTING DEADLINES
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 Ask yourself “how much time needs to
be devoted to a particular
task?”
 Set deadlines for every task, and be
committed to.
 Do not wait for your superiors to ask
you every time.
 Learn to be self driven.

10. DIFFERENTIATE BETWEEN URGENT
AND IMPORTANT
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 1. Do: Tasks that are important and urgent.
 2. Defer: Tasks that are important but not
urgent.
 3. Delegate: Tasks that are urgent but not
important.
 4. Delete: Tasks that are neither urgent nor
important.
First, finish off what all is urgent and
important.

11. DELEGATION OF RESPONSIBILITIES
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 Don’t do everything on your own,
there are other people as well.
 Roles and responsibilities should be delegated
to employees according to their interest and
specialization to ensure they would finish
within deadlines.
 An employee who does not have enough
knowledge needs more time than someone
who knows the work well.

12. SPENDING THE RIGHT TIME ON RIGHT
ACTIVITY
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Develop the habit of doing the right
thing at the right time.
Work done at the wrong time is not of
much use.
Keep some time separate for your
personal calls or checking updates on
Face book or Twitter.
– After all human being is not a machine.

13. STAY FOCUSED
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 Being punctual helps you complete
tasks way ahead of deadline.
 Avoid taking too many leaves from work, such an
attitude is completely unprofessional.
 Make sure you are there at your desk five minutes
before your actual time.
 Do your best to complete tasks on time, do not
keep assignments pending and wait for the last
minute.

14. ENJOY YOUR WORK
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 Do not treat your organization as a
ordinary source of money, change your
attitude.
 Avoid playing games on computer or
cell phones during office hours, it is
unprofessional.
 Do not work only when your boss is
around, taking ownership of work pays
you in the long run.

15. PROPER COORDINATION
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 Employees must have an easy
access to their Boss’s cabin.
 Proper coordination between employees and
their team leaders is essential for effective
time management.
 Do not keep tasks pending at your end.
 Give approvals on time and make sure your
team members do not be involved in
unproductive tasks.

16. ORGANIZE YOURSELF
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 Be very careful about your files,
important documents, visiting cards,
folders etc.
 Keep them at their proper places so
that you do not waste half of your
time in searching them.

17. REDUCES TIME TO REACH GOAL &
OBJECTIVES
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 Managing time effectively helps
employees to meet targets way of
ahead deadlines.
 Effective time management play a
important role in increasing an
individual’s productivity.

18. CONCLUSION
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 Time management is important for
balance work and life.
 Time management is a very important
skill to be learned and to be mastered in
order to have a better lifestyle.
 By managing well time, you will no
longer suffer from stress and your tasks
will be done on time and with great
quality.

19. REFERENCE
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 Pdfdrive.com
 Effective time management strategies’ book by
lavender coaching
 Yourarticlelibrary.com
 Toggl.com
 Corporatefinanceinstitute.com
 Mindtools.com
 Pinterest.com

20. THANK YOU :)
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