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Managing your time is an integral part of being successful in business. There are only so many waking hours per day and there is always so much for you to do. This often gets overwhelming, to the point where you may not even want to attempt something new, regardless of how good it is, or how good you know you could be doing it.
When there are only 24 hours in a day, how can you create more time? Haven’t we heard people complaining that 24 hours is not enough to do all their work? Haven’t we seen people wasting time and idling knowing not what to do. We also see people working efficiently in their jobs, actively participating in several organizations and yet finding time to relax with their spouses and children. Why is it that some fail to accomplish much while others are able to do much and accomplish much in life?
Learning time management skills should be one of our most important priorities. The amount of distraction and clutter we get on a daily basis calls for effective planning and focused action; hence, learning time management skills is vital.
Imagine, at the start of each morning you were given $86,400. You have to spend this money. You can't invest your money and you can’t save it for a rainy day. The money that you don't use you lose! How would you spend that money? Each day this happens to us, but with something much more valuable than money, OUR TIME.
Procrastination is an inner battle between a habit of ease and a discipline of action. Procrastination tends to reduce the quality of the work produced, and increase your stress. If time is money then procrastination can be an expensive habit.
Delegation is one of the most important time management principles available to managers. I can't think of a management practice that is praised more in theory but applied less in practice. Delegation not only frees up your time to do things that are more important to you, but if delegation is done properly it can provide a great training opportunity for colleagues, increase worker wellbeing and raise productivity.
Procrastination is an inner battle between a habit of ease and a discipline of action. Procrastination tends to reduce the quality of the work produced, and increase your stress. If time is money then procrastination can be an expensive habit.