Time management is simply the ability to make the best use of your time. Its purpose is to enable you do better jobs in less time. An unknown author said “Money I can only gain or lose. But time I can only lose. So, I must spend it carefully”.
Benefits of time management affect both the business and the employees. Employees with well managed working hours tend to be happier and more productive resulting into high turnover for the organization.
Ability to manage your time effectively makes you more organized, makes you more punctual and disciplined, reduces your stress /anxiety level, and makes you well able to prioritize task.
FEW TIPS ON HOW TO EFFECTIVELY MANAGE YOUR TIME
- At the start of each day make a plan of what you want to achieve and how you intend to do it.
- Keep a note of your daily activities and try to identify the time of the day that you are likely to be more productive.
- Have a fixed set time for responding to mails, chats etc.
- Manage your workload; don’t accept more work than you can comfortably do.
- Schedule your tasks according to priority
- Prioritise tasks based on their importance.
Failing to manage your time effectively can have some very undesirable consequences such as: missed deadlines, inefficient work flow, poor work quality, higher stress level etc.
“If you want to make good use of your time, you’ve got to know what’s most important and then give it all you’ve got” -Lee Lacocca
SOURCE: Prachi Junega, “Time management “reviewed by management study guide(MSG)content team.