Time Management.docx
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TimeManagement
TimeManagement
AboutthisTopic:
TimeManagement
TopicMentor
DavidStauffer
DavidStaufferisabusinesswriterwhoheadsthecorporatewritingfirmStaufferBuryInc.Heistheauthoroffourbooksaboutcorporatesuccess,allpublishedbyJohnWiley&Sons,anddozensofarticlesonbusinessmanagementfor HarvardManagementUpdate, AcrosstheBoard,the WallStreetJournal,andotherpublications.Asacontractortocorporationsandbusinessassociations,Davidhaswrittenseveralhundredannualreports,investmentprospectuses,industryprofiles,andmanagementinformationnewsletters.
TopicSourceNotes
Learn
StephenR.Covey,RogerMerrill,andRebeccaR.Merill. FirstThingsFirst:
ToLive,toLove,toLearn,toLeaveaLegacy.NewYork:
Simon&Schuster,1995.
HarvardBusinessSchoolPublishing. TimeManagement.Boston:
HarvardBusinessSchoolPress,2004.
AlexMacKenzie. TheTimeTrap:
TheClassicBookonTimeManagement.NewYork:
AMACOM,1997.
WilliamOncken. ManagingManagementTime:
Who'sGottheMonkey?
NewYork:
PrenticeHallTrade,1987.
JimTemme. ProductivityPower:
250GreatIdeasforBeingMoreProductive.Mission,KS:
SkillPathPublications,Inc.,1993.
Steps
HarvardBusinessSchoolPublishing. TimeManagement.Boston:
HarvardBusinessSchoolPress,2004.
AlexMacKenzie. TheTimeTrap:
TheClassicBookonTimeManagement.NewYork:
AMACOM,1997.
WilliamOncken. ManagingManagementTime:
Who'sGottheMonkey?
NewYork:
PrenticeHallTrade,1987.
Tips
StephenR.Covey,RogerMerrill,andRebeccaR.Merill. FirstThingsFirst:
ToLive,toLove,toLearn,toLeaveaLegacy.NewYork:
Simon&Schuster,1995.
HarvardBusinessSchoolPublishing. TimeManagement.Boston:
HarvardBusinessSchoolPress,2004.
JimTemme. ProductivityPower:
250GreatIdeasforBeingMoreProductive.Mission,KS:
SkillPathPublications,Inc.,1993.
Tools
HarvardBusinessSchoolPublishing. TimeManagement.Boston:
HarvardBusinessSchoolPress,2004.
WilliamOncken. ManagingManagementTime:
Who'sGottheMonkey?
NewYork:
PrenticeHallTrade,1987.
JimTemme. ProductivityPower:
250GreatIdeasforBeingMoreProductive.Mission,KS:
SkillPathPublications,Inc.,1993.
WhatWouldYouDo?
Whatwouldyoudo?
At5:
00P.M.Marisollookedupfromherdesktoseehercolleaguespackinguptogohome.Attherateshewasgoingshewouldbeintheofficetillmidnight.Asshestareddownather"to-do"list,shesighedindismay.Threecriticaltasksremained.Whathadshebeendoingalldayandwhyhadn'tshegottentothesetasks?
Shereviewedherday.ThemorningwasspentwithTonytalkingabouthismonthlyreports.Lunchtimewasusedtoreplytoover20e-mailmessages.Andthentheafternoonwasconsumedbyacustomerservicerequestthatshouldhavebeenhandledbysomebodyelse.Whatwasthepointofallher"to-do"listsandcarefulplanningifshewasn'tgettingtotheworkthatshereallyneededtodo?
HowcanMarisolblossomintoabrillianttimemanager?
Whatwouldyoudo?
Marisolshouldbeginbyreviewingherlong-termorganizationalgoals.Byevaluatingandprioritizinghertopobjectives,Marisolwillbeabletoseewheresheshouldand shouldnot bespendinghertime.Thenextstepistobreakhergoalsdownintomanageabletasksandlistallthestepsnecessarytoachieveeachtask.Next,sheshouldestimatehowmuchtimeeachtaskoractivitywilltakeandsetdeadlinesforcompletion.Sheshouldblockoutbigchunksoftimeinhercalendartoensurethatshemakestimetoaccomplishthesetasks.Mostimportantly,sheshoulddoeverythingshecantoavoidinterruptionsthatwastehertimeortakeherawayfromherprimarygoals.
Inthistopic,you'lllearnhowtoidentifythejobsthataremost—andleast—important,focusyourtimeonthemostcriticaltask,andavoidtimewasters.
Howdoyoumanageyourtimetocompleteyourdailyobjectivesandlong-termtasks?
TopicObjectives
Thistopichelpsyou:
∙Analyzehowyoucurrentlyspendyourtimeandpinpointopportunitiesforimprovement
∙Identifywhichtasksaremostcriticaltoachievingyourlong-termgoals
∙Planyourtimeefficientlyusingschedulingtools
∙Controltime-wasters
∙Putyourscheduleintoaction,evaluateitalongtheway,andmodifyitasneeded
Thebenefitsofusingyourtimemoreeffectively
E-mail.Voicemail.Meetings.Paperwork.Directreportswhocontinuallyaskforhelporbringyoutheirproblems.Howcanyoubeanaccessible,responsiblemanager—yetactuallygetworkdoneandaccomplishyourhighest-prioritygoalsatthesametime?
Youneedtomanageyourtimeskillfully. Timemanagement isthedisciplineoforganizing,allocating,andcontrollingtimeyouuseforactivitiesinsuchawaythatyouachieveyourdesiredresults.Timemanagementforcesyoutobeexplicitaboutwhatyouvalueandhelpsyouassignyoureffortsaccordingly.
Usingyourtimemoreeffectivelygeneratesimportantbenefitsforyou and yourorganization.Forexample:
∙Youdevoteenergyandattentiontotheactivitiesthatmostsupportyourcompany'sobjectives.
∙Youeliminatedistractionsandremainfocusedonwhat'smostimportanttoyourdepartmentandorganization.
∙Youavoidthestressandevenburnoutthatcancomefromtryingtojugglethemanyconflictingdemandsonyourtime.
∙Youmodelgoodtime-managementbehaviors,soyouremployeesandpeerscanlearnfromyourexample.
∙Youimproveyouron-the-jobperformancewhichaddsmorevaluetoyourorganization,unit,andteams.
Clearly,acompanyinwhichleadersusetheirtimeeffectivelycangainanedgeoverthecompetition.Butmanagingyourtimeismorechallengingthanitmayseemonthesurface.
KeyIdea:
Disciplineandpractice
KeyIdea
Usingyourtimeeffectivelytakesdisciplineandpractice.Afour-stepprocesscanhelpyoumakethemostofthehoursyouhaveavailable:
1.Startbythinkingaboutyourmostimportanton-the-jobobjectives.Whattasksdoyouneedtocompleteinordertoachievethoseobjectives?
Howmuchtimeshouldyoubespendingonthosetasks?
Askyourselfthesequestionsfirsttoidentifyandprioritizeyourgoals.
2.Then,analyzehowyouspendyourtime. Often,managersthinkthey'reusingtheirtimetoaccomplishvitaltasks.Butinreality,they'respendingtimeonactivitiesthatdon'tenablethemtoachievetheirhigh-priorityobjectives.Forexample,theysquanderhourseachdayratherthanplanninglong-termstrategyfortheirdepartment.Touseyourtimemoreeffectively,youneedtofigureouthowyou'reactuallyspendingyourtime—andcompareittohowyoushouldbeallocatingit.Thisprocesswillhelpyoutoidentifyineffectivetime-managementpractices.
3.Nowyoucanscheduleyourtimemoreeffectively.Onceyouknowwhatyourgoalsare,howyou'reactuallyspendingyourtime,andwhichineffectivetime-managementpracticesyou'refallingpreyto,youcanchangethewayyouscheduleyourtime.Thatincludesusingtime-managementtoolsmoreeffectivelyandbuildingschedulesthatsupportyourpriorities.Italsomeansallocatingtimeforresolvingunexpectedproblemsandtakingadvantageofunplannedopportunities.
4.Continuallymonitorandimproveyourtime-managementstrategies.Onceyou'vecreatedaschedule,putitintoaction.Monitorwhathappens,identifyproblems,andfine-tuneyourtime-managementstrategiessothatyouconstantlyimprovethewayyou'reusingyourtime.
Managingyourtimerequiresadisciplinedapproachandpractice.
Whataregoals?
Goalsarethestartingpointofeffectivetimemanagement.Theyactasacompass,pointingthewaytothethingsthatyoushouldbeconcentratingon.Identifyyourgoalsandyouwillknowwhatismostimportanttoaccomplishonadaily,weekly,andmonthlybasis.
Goalsetting isaformalprocessofdefiningoutcomesworthachieving.Whenyousetgoals,youcommittooutcomesthatyoucanaccomplishpersonallyorthroughyourteam.Bysettinggoalsandmeasuringtheirachievement,youcan:
∙Focusonwhatismostimportant
∙Provideaunifieddirectionforyourteam
∙Devotelessenergytonon-criticaltasks
∙Avoidtime-wasters
∙Motivateyourself
∙Boostoveralljobsatisfaction
Goalsvaryintermsoftimeframesandimportance.Thus,it'svitaltounderstandhowtocategorizeandprioritizethem.
Typesofgoals
Goalscanbecategorized—inorderofimportance—ascritical,enabling,ornice-to-have.Thetablebelowoutlinesthedifferences.
TYPESOFGOALS
GoalType
Definition
Example
Critical
Objectivesthatmustbeaccomplishedinorderforyourdepartmentorunittocontinuerunningsuccessfully
Foraprojectmanager,completingatwo-yearprojectontimeandwithinbudgetwouldbeacriticalgoal.
Enabling
Objectivesthatcreateamoredesirablebusinessconditioninthelongrunortakeadvantageofabusinessopportunity
Foraproduct-developmentmanager,providingtrainingthatenableshisorherteamtoworkmoreeffectivelywouldbeanenablinggoal.
Nice-to-have
Objectivesthatenhanceyourbusiness—bymakingactivitiesfaster,easier,ormoreappealing—butdon'trevolutionizeyourbusiness
Foraunitmanager,developinganewexpense-reportingformthat'seasiertocompleteandtakeslesstimetofilloutthanthecurrentformwouldbeanice-to-havegoal.
Yourcriticalandenablinggoalsare most crucialandshouldguidethewayyoumanageyourtime.
Alignyourgoals
Managersshouldcreateasetofcascadinggoals,beginningwithcompanygoals.Unitgoalsshould,inturn,supportcompanygoals.Individualgoalsshouldthensupporttheunitgoals.Thesethreelevelsofgoals—company,unit,andindividual—shouldbealignedandcommunicatedsothatanindividualemployeecansay(withoutprompting):
"Ourcompany'sgoalisto_____________.Mydepartment'scontributionto