Time management...leadership camp
Transcript of Time management...leadership camp
From Mediocrity to Excellence
Mediocrity: The quality of being average or not very good.
Excellence: The quality of extremely good.
The illiterate of 21st century will not be those who cannot read and write, but those who cannot learn, unlearn and re-learn.
Our Time
Pareto Principle : Twenty percent of your time will produce 80% of your productive output. Can you afford not to manage at-least that 20% ?
Planning is key managerial function but research shows that less than 5% of management time goes on planning.
Parkinson’s Law : Work expands to fill the time available for it.
Efficiency vs. Effectiveness
Often worst performers are those who seem to be working hardest and longest. They are very busy but not effective.
Effective but not efficient
Goals achieved
Resources wasted
Effective and efficient
Goals achieved
No wasted of resources
High productivity
Neither effective nor efficient
Goals not achieved
Resources wasted
Efficient but not effective
No wasted resources
Goals not achieved
The Improvement Cycle
PlanDOReviewImprove
This year improvement are next year norm. Don’t get imprisoned by yesterday success.
Urgent Not Urgent
Important CrisesDeadlinesProjects
R/shipsNew opportunitiesPlanning
Not Important InterruptionsCalls/mailsMeetingsPopular activities
Pleasant activitiesMails/ callsTime wasters
The Time management matrix
Do it nowDo it yourself
Do it later
Ask some one else to do it.
Don’t do it
Setting Goals
Life Time Goals 20 Years
Intermediate Goals 5 Years Short-term Goals 6 Months
There is no guarantee of reaching a goal at a certain time, but there is a guarantee of never attaining goals that are never set.
Do you know that a 70 years l ife how it is spent..?
25 years in sleep8 years in study6 years in rest & illness7 years in holidays & recreation5 years in commuting4 years in eating3 years in traveling/ preparing12 years of work…?
How We Waste Time
Lack of disciplineInability to say NOPoor delegation skillsDay dreamingWorryPersonal disorganization Procrastination
Time Waste… Caused by Others
Telephone interruptionsDrop in visitorsUnscheduled meetingsPoor communicationsConfused chain of authority
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. Average executive: > 40% of timeLock the door, unplug the phoneMaximum of 1 hour
Daily Organization
Goal for the day List… things to-do Estimate time for each item on the list Setting deadlines Priorities important vs. urgent Diary for future planning Delegate Acknowledge results Incorporate ideas for improvement in tomorrow’s planning
Final Thoughts
Yesterday is a cancelled cheque, Tomorrow is a promisory note,Today is ready cash. Use it.
When feasible, delegate. Don’t let paperwork pile up.Do not postpone work.Identify your time waster and resolve to eliminate them.Add times for relaxation and recreation in your schedule.
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.
Many People….
Think too much of destinations and too little of
preparations
They don’t realize that today’s actions
will determine tomorrows achievements