Archive for the ‘Time Management Tips’ Category

Living Life In A Time Starved World

Monday, October 8th, 2007

This is a good time management article that shows us all of the areas involved in creating effective time management strategies. It also combines how goal setting affects time management and the importance of setting goals. This is a good basic time management article in general.

Recently I saw an advertisement for a time management booklet: “Shorter deadlines, competing priorities, endless meetings, interruptions and even higher quality expectations are just some of today’s time challenges. And yet the number of hours in the day remains the same.”

As entrepreneurs we all struggle sometimes with managing our time effectively. I once heard an entrepreneur say that of the people he knows, his entrepreneur friends are the worst people when it comes to managing their time and priorities. Too often we fall prey to the misguided notion that being busy is the same as making progress.

There are many areas involved in effective time management:
• your attitude
• goal setting
• setting priorities
• planning
• scheduling
• analyzing your progress
• dealing with interruptions
• meetings
• paperwork
• delegation of tasks
• taming procrastination
• time teamwork

KEY PRINCIPLES

Here are some key principles I have found to help me manage my time more effectively:

1. Good habits are the key to good time management.
The essence of good time management is creating good habits. A good habit to develop is to focus on results. Setting goals and striving to reach them must become a habit. Before your next meeting, think to yourself-what is my goal in doing this or meeting with this person? What specific results would I like to see come from my time? You must learn to place a high value on your time. There are a million things, advertisements, books, media events and people vying for it. You must distinguish between what and who is important and what or who is not. This might sound a little harsh at first, but focusing on results in developing your habits will help you focus yourself and your time.

2. Good habits start with setting goals.

There are several points to remember when setting good goals.

First is to write your goals down. Studies have shown that you are much more likely to accomplish your goals if they are committed to paper. As someone once said, “A short pencil is better than a long memory.”

A second point is to break down your goals into three categories: short, intermediate and long term. I would advocate that you should have a separate list for your personal, professional and life goals. The personal goal list would cover areas like: personal relationships, use of free time, personal growth activities, reading up on a particular topic, taking continuing education classes or seminars, etc. Your professional goal list should be clearly focused on building your business, increasing revenues, cutting costs, strategic planning, marketing, employee management, creating partnerships and meeting beneficial business contacts. Your life goals would cover the broader picture of what you want to accomplish in life and what who you want to be remembered for.

3. Pursuing specific goals is the key to reaching success.

Setting good goals requires some planning and concentrated effort. Far too many entrepreneur have good intentions for their business, but lack goals that are specific enough to help them achieve success. Most entrepreneurs who fail to reach their goals do so because they fail to make specific, or S.M.A.R.T. goals.

S.M.A.R.T. goals are:

Specific. Your goal should be as detailed as possible. For example, “I will call all new prospective clients I met at the last networking event by this Wednesday at noon.” “I will take a vacation at least three weeks this next year.”

Measurable. Good goals allow you to quantify your efforts. “My company will increase top line sales to repeat customers by 2% this quarter by determining what their current needs are and developing a service to meet their needs before anyone else does. We will do this by surveying each of them and following up with a personalized phone call to clarify their answers.”

Achievable. It is good to set your goals high, but not impossibly high. “I will meet three new venture capitalists this month and begin building a relationship with them with the purpose of seeking funding from them in the next six months.” “I will re-write the three primary sections of my website by this next month to better reflect who my new targeted customer is and to help them find the solutions they are looking for more quickly on my site.”

Result-oriented. In order for your goals to be SMART, they must focus on what you DO want, not what you do NOT want. For example, a goal of “I do not want to fail in my business” focuses on what you do NOT want. An example of a SMART goal is, “I will increase my passive income by 15% this year by writing a “How To” manual on “10 Steps to Small Business Forward Financial Planning” and sell it on a website for $89.99.”

Time-limited. Put a specific time limit on your goals and have someone hold you accountable for reaching that goal. “I will finish researching my marketing strategy within the next six weeks and then spend two hours a day for three weeks until I finish developing my customized marketing plan.”

QUESTIONS TO ASK

Every one of us has 168 hours in a week. How we spend our time and prioritize our life says a lot about how successful we will be personally and professionally. There are many things that compete for our time: finances, future plans, family, fun, friends, present goals, pressing projects and pushy people. I heard someone once say, if you don’t control your time someone else will.

When thinking about how to successfully manage your time, here are a couple questions to ask yourself:

• Do I have specific things I want to accomplish each day?
• What percent of the time do I meet my daily goals?
• What specific things do I do to manage my time successfully?
• What are the priorities in my life?
• Does my schedule reflect those priorities?
• How successful do you feel in managing your time effectively?

Stephen Fairley, M.A., RCC is the President of Today’s Leadership Coaching, a premier executive coaching and training firm, and a Registered Corporate Coach (RCC). Today’s Leadership Coaching focuses on “Developing Leaders Who Deliver Results.” You can contact him at 630-588-0500 or at Stephen@TodaysLeadership.com

© 2001 by Stephen Fairley. All rights reserved. Please contact author for reprints

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Time Management Strategies for Getting Organized

Friday, September 28th, 2007

This is a good article for giving people great strategies for managing their time. If you want to build additional time into your schedule, these tips are a great way to make your time much more efficient.

Do you constantly find yourself running out of time? Do you get everything done that you want to each day or do you find yourself with more activities then you are able to handle? If you can relate to these problems then you need some time management strategies for getting organized.

Know what you want

Before implementing any other time management strategies for getting organized you need to know what you want. If you have no goals and do not know what you actually want to achieve with the time you have been given then you will find yourself saying “yes” to everything, even where you should be saying “no”. Knowing what you want to achieve keeps you disciplined in your time management.

Write down your Goals

In order to implement time management strategies you need to know what you want, but even people who know what they want do not always manage their time effectively. Strategies for getting organized also include writing down those goals. Take some time to write down what you want to achieve in life. What is it that you want people to say about you when you reach the end of your life? What dreams do you want to fulfill? Write them down and then set goals which say when you want to have achieved them by and how you are going to go about achieving them.

Prioritize

What are your priorities? When implementing time management strategies for getting organized you are going to need to think carefully about what is most important to you. Many possible activities will come your way each and every day and if you do not know what your priorities are then you may find yourself doing all the trivial things rather than those things that are really important for achieving your goals. Priorities should be worked out regularly with the help of a to-do list.

Create a To-Do List

Goals are extremely important in effective time management strategies but they can also be long term and if you do not have other strategies for getting organized then you may not accomplish those goals. Create a to-do list regularly and order it in terms of your priorities. Then you will have a workable plan for achieving your goals and can systematically work through your to-do list, accomplishing those things that are most important to you.

Categorize your activities

When looking at all the activities which occupy your day try to break them down into a number of categories. This categorization needs to be done on two levels. Firstly work out what activities you need to do, what activities you can delegate to others, and what activities are actually not important to be done at all. Delegate those activities that can be delegated, cut out the unimportant activities and then re-categorize the activities that only you can do and that are important for you to do. You may want to categorize this list into categories such as work, family, social, physical (health), spiritual, etc.

Use a Weekly Planner

Once you have categorized your activities the last of our time management strategies for getting organized is to use a weekly planner. Block out times on your weekly planner when you can do those activities that you need to and that you categorized above. Use different colors for different activity categories. Take time regularly to fill in your weekly planner and then review it daily to ensure that you do not miss any important events and that you stick to your goals.

Don’t Procrastinate

One of the worst enemies of effective time management is procrastination. It is important that you start implementing these time management strategies for getting organized today. If you wait until tomorrow, you may never put them into practice so start today.

In conclusion, effective time management begins with strategies for getting organized such as knowing what you want, writing down your goals, prioritizing your to-do list, categorizing your activities and using a weekly planner. These time management strategies should be implemented regularly and begun immediately to ensure that you reach your goals and accomplish all that you want to with your life.
About the Author

Manage your todo list. Get JetTask task list software from JetTask.com.

[tags]goals, to do lists, planning, time management[/tags]

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How to Save 2 Hours Every Day using Pareto’s 80-20 Law

Thursday, September 27th, 2007

This is an interesting aspect to time management and how to implement it into your life, and not just in business. The important key here that I feel was missed out on is that in order to implement it, you really have to be aware of where your time is being spent, and how effective is each task you perform.

Vilfredo Pareto worked as an economist in 19th Century
Italy. We can still use his theories in today’s 21st
Century Internet economy !

His 80-20 law applies to many things, including Time
Management. For example, his law says that 20% of your
customers provide 80% of your revenue. It says 20% of your
time spent on a project gets it 80% towards completion.
80%
of people working in the computer business only do about
20% of the work, and the other 80% is done by the 20% star
workers !

So how does this law apply to time management ? How can
you use it to save 2 hours every day ?

Think about any jobs you must do. Think about any projects
you’re working on or about to start. We all want to do the
best possible job. But how about this ? How would you
like to get three jobs done in the same time as one ? How
would you like to finish one job a lot quicker, and spend
the extra time with friends or family ?

Pareto’s law can help you do exactly that !

First of all look at the ‘big picture’ of your project.
What are you trying to achieve and why ? What main
benefits do you want ? Make a simple schedule of work.
Get started and work as quickly as possible. It could be a
report on a new market. It could be a new product
specification. Maybe you’ve got to write a simple piece of
software ?

When you’ve done all you can, stop and take a look. It’s
good isn’t it ? Now leave it there. Yes, I said leave it
there. You’ve achieved about 80% of your target. Yet
you’ve only spent about 20% of the time you’d eventually
give to that piece of work ! What would you normally do ?
More research. Try to add in more bits. Endlessly fine-
tune it. Perhaps you’d start again because you decide it’s
no good ?

Leave it at 80% and start with something else productive.
Follow the same procedure with the next task, and then the
next task.

If you use Pareto’s law your productivity will go through
the roof ! Your results will amaze your colleagues … and
yourself ! Suddenly people will start saying, “How does he
get so much done ? How does she work so efficiently ? I
don’t understand how he’s getting these great results, when
I saw him in the park playing with his children
yesterday!”

Pareto’s law works. Start using it today, and see your
productivity soar !

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Neil Stelling is Marketing Manager of DigiLectual Inc. He has an MBA and B.Sc computing qualifications

[tags]pareto law, productivity, time management[/tags]

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Home Business Start with Time

Saturday, September 15th, 2007

This article has some good ideas about what kinds of activities should be done for people who want to have home based businesses.  The key is to determine which activities are not important and waste time and not do those activities.  Other things that deal with time management are also important that this article talks about.
Almost everyone needs or wants more money coming in, and with this desire most would like to start some sort of extra income-producing project. The trouble is, not many of these people seem able to fit “a second job” into their time schedules.

It’s true that most people are busy, but extra time for some sort of home-based extra income-producing project can almost always be found. It may mean giving up or changing a few of your favorite pastimes – such as having a couple of beers with the guys or watching TV – but if you score big with your extra income project, you will have all the time you want for doing whatever you want to do.

The first thing to do is to sit down with pencil and paper and list your daily schedule. What time do you wake up? Then step-by-step, list everything you do each day. Most people will find that they have about three hours each day that can be utilized in a more constructive or efficient manner. As we’ve noted above, you may have to give up the time you waste in your local pub or a few television programs you watch, but it will be worth it in the long run.

Efficient time management boils down to planning what you’re going to do, and then doing it without backtracking. Start by making a list of the things you want to do tomorrow, each evening before you go to bed. Schedule your trips to the store or wher ever to coincide with the other things you have to do, and with your trips to or from work. Organize your trips to take care of as many things as possible while you’re out of the house. Take stock of the time you spend standing around shooting the breeze – especially the time you spend on the telephone – and eliminate all that isn’t necessary.

Whatever chores you have to do at home, set aside a specific time to do them, and a specific amount of time to devote to them. For instance, just one hour a day devoted to yard work would probably make your property the envy of all your neighbors. Don’t try to do a week’s work in one big flurry. Whether it’s painting your house, fixing leaky faucets, or mowing your lawn and trimming your shrubs, do a part of it, or one particular job each day, and you’ll be amazed at your progress.

Take care of all your mail the day you receive it. Don’t let those bills and letters pile up on you. If you’re unable to pay a bill immediately, file it in a special place that’s visible, and note on the envelope the date you intend to pay it. Answer your letters the same day you get them.

The important thing is to think of time as your most valuable asset, because it is. So organize! Decide what you have to do, and what you want to do. From there, it’s just a matter of arranging priorities.

Once you start listing and planning what you want to do, and then carry out your plans, you’ll find plenty of “extra time” for handling virtually any kind of home-based income-producing project. People in general may not like routines or schedules, but without some sort of plan as to what is supposed to be done, the world would be mired in mass confusion

Laws, ordinances and regulations are for the purpose of guiding people. We live according to an accepted plan or way of life, and the better we can organize ourselves, the more productive and happy we become.

The secret of all financially successful people is simply that they are organized and do not waste time. Think about it. Review your own activities, and then see if you can’t find a couple of extra hours in each day for more constructive accomplishments.

When you begin planning, and then when you really become involved in an extra in come-producing endeavor, you should work it exactly as you have organized your regular day-to-day activities – on a time-efficient basis. Do what has to be done immediately. Don’t try to get done in an hour something that’s realistically going to take a week. Plan out on paper what you have to do – what you want to do – and when you are going to do it. Then get right on each project without procrastination.

Finally, and above all else, when you’re organizing your time and your business, be sure to set aside some time for relaxation. Be sure to schedule time when you and your spouse can be together. You must not involve yourself in anything to an extent that you exclude other people – particularly your loved ones – from your life.

Taking stock of the time you waste each day, and from there, reorganizing your activities is what it’s all about. It’s a matter of becoming more efficient in the use of your time. It’s really easy to do, and you will not only accomplish a lot more, you will also find greater fulfillment in your life.

Copyright 2004 Richard Schramm

Richard Schramm is a man with 2 business’ and a family I’m using a system to add thousands of opt-in leads to my list for virtually zero effort – and it’s all 100% free. Find out more: http://www.listinferno.com/?i=2509&c=a5 �

[tags]home business, time management, time[/tags]

Don’t Think Time Management – Think Conflict Resolution

Monday, October 9th, 2006

I like this article about time management because the author, Cathy Goodwin takes the approach of managing your time by setting up a system onf handling problems from your clients and customers. A big part of this system is to train your clients from the beginning, how you work, charge for time and handle service calls. This article gives a new way to look at time management

David began, “I have a major time management problem. As an editor, I often get two clients calling with assignments. They call around ten AM and both want their projects completed by mid-afternoon. Then a third client calls around lunchtime with a crisis. So I have too many projects – all at once. The next day the phone is silent.

David’s dilemma made me think of Jennifer, who worked for two bosses, Blue and Green. Blue would give her an assignment to be completed by noon. Green would call five minutes later with another assignment – you guessed it – to be completed by lunchtime. Jennifer was stressed and frazzled all day long. We helped her negotiate with her [tag]internal customers[/tag] – her management team – to set up a service delivery schedule that would be fair to everyone

Whether your customers are internal or external, the key is to design consistent policies to avoid conflict. Here are some suggestions that worked for my clients

1. Train your customers from the get-go.

Clients typically are nice people who have no clue about what it takes to deliver your service. For example, one client sent me a project, along with a ten-page single-spaced set of “notes.” When I called with a question, she asked, “Can’t you just read the notes?” I explained that I might spend an hour searching for the answer to my question — and I would have to charge accordingly. Sometimes clients will pay the fee as long as they get to remove themselves from the fray – but sometimes they’ll prefer to become more involved. It’s up to you to give them that choice.

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Checklist For High Performing Teams

Wednesday, September 27th, 2006

This article by Susan Cullen talks about what characteristics high performing teams have in common. High performance relates to time management in that efficiency in work, saves time. Most of these 10 characteristics are common sense, but very necessary none the less in improving performance and time management.

Why do some teams perform well while others struggle? How can you assess how effectively your team is working now, and identify methods for improvement? Research shows that 85% of the reasons that teams of people succeed or struggle has more to do with interpersonal issues, than technical competence. But both are needed for effective teamwork.

Below please find a checklist you can use to identify the strengths and development needs of your own team:

1. Clear Goals.

It’s very hard to get there if you don’t know where you’re going! And it’s very hard to accomplish your goals if you haven’t made them clear. Make sure there’s no question about your team’s purpose, function and objective.

2. Clear Roles and Responsibilities.

It’s important that roles and responsibilities are clearly specified in order for people to be accountable for accomplishing their part of the team’s tasks. Misunderstandings and conflicts frequently occur when roles and expectations are not clearly defined.

3. Information Sharing.

In order for the team to make the best decisions, each team member needs to be provided with relevant information. High performing teams don’t guard information… they share it freely.

4. Competent Team Members.

Competent [tag]team members[/tag] need to be placed in the right position. At times, a highly talented person can be ill placed which can throw off the team functioning. Consider both the competency and placement of each individual team member.

5. Values Diversity.

We don’t all work the same way, or have the same styles. This can be a key source for interpersonal conflict. However, when teams learn to value each other’s differences they can leverage each other’s strengths. Team building exercises can help individuals to appreciate diversity and work together more effectively.

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