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Life Reflections – 17.05.11
Victor Mughogho [ vmughogho@yahoo.com ]
TIME MANAGEMENT - SOURCE OF COMPETITIVE ADVANTAGE
What separates two individuals, two teams, two companies, two nations, two families
with similar gifts, talents, resources, with regard to their outputs, accomplishments and
prosperity?
What differentiates two individuals, two teams, two companies, two nations, two
families with similar gifts, talents, resources with regard to their productivity and
profitability? There are many differentiating factors. But principal among such factors is
time management. The presence or lack of time management skills differentiates the
two individuals, two companies, two families, two students in terms of their outputs.
Two carpenters of equal skill will produce different quantities of furniture per day, even
of the same quality depending on their personal discipline in time management. One
starts early one starts late. One starts and is focussed and avoids distractions (AOB) one
starts and stops, starts and stops and their outputs will differ at the end of the day.
Extend that kind of work approach to one week, one month and to a year and the
results are overwhelmingly different!
The output of two individuals at their end of a lifetime of the same span, will be
different depending on many things, principal among which is how effectively they
utilised time. Other differentiators are:
• Knowledge base
• Wisdom
• Vision
• Diligence
• Planning and goal setting
• Health condition
• Spiritual condition
A poor time manager will be an underachiever.
Time management is source of competitive advantage. Those who manage their time
better have an edge over those who are wasteful of their time, those whose time is
poorly organised. It gives you an advantage over your competition. You are able to do
more per day than your competitor. Your daily output is greater than that of your
competitors.
Therefore one company will make more money than the other due to the fact that they
are able to manage their time better. They will accomplish what the other won’t be able
to accomplish no matter how hard they work.
It’s a case of hard work in 6 hours versus same hard work done in 8 hours. The point is
that with more time, you can always do more.

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Life reflections [time management source of competitive advantage ]

  • 1. Life Reflections – 17.05.11 Victor Mughogho [ vmughogho@yahoo.com ] TIME MANAGEMENT - SOURCE OF COMPETITIVE ADVANTAGE What separates two individuals, two teams, two companies, two nations, two families with similar gifts, talents, resources, with regard to their outputs, accomplishments and prosperity? What differentiates two individuals, two teams, two companies, two nations, two families with similar gifts, talents, resources with regard to their productivity and profitability? There are many differentiating factors. But principal among such factors is time management. The presence or lack of time management skills differentiates the two individuals, two companies, two families, two students in terms of their outputs. Two carpenters of equal skill will produce different quantities of furniture per day, even of the same quality depending on their personal discipline in time management. One starts early one starts late. One starts and is focussed and avoids distractions (AOB) one starts and stops, starts and stops and their outputs will differ at the end of the day. Extend that kind of work approach to one week, one month and to a year and the results are overwhelmingly different! The output of two individuals at their end of a lifetime of the same span, will be different depending on many things, principal among which is how effectively they utilised time. Other differentiators are: • Knowledge base • Wisdom • Vision • Diligence • Planning and goal setting • Health condition • Spiritual condition A poor time manager will be an underachiever. Time management is source of competitive advantage. Those who manage their time better have an edge over those who are wasteful of their time, those whose time is poorly organised. It gives you an advantage over your competition. You are able to do more per day than your competitor. Your daily output is greater than that of your competitors. Therefore one company will make more money than the other due to the fact that they are able to manage their time better. They will accomplish what the other won’t be able to accomplish no matter how hard they work. It’s a case of hard work in 6 hours versus same hard work done in 8 hours. The point is that with more time, you can always do more.