Time and Tide wait for none – Managing Time

Time management is the key to success

Time and Tide wait for none

Time is a commodity of lack for many while a matter of plenty for few! Sounds incongruous but true indeed! We always come across someone or the other cribbing about not being able to use his or her time effectively. This not only pertains to office but also holds good in the domestic scenario.

A slight reflection on this would clearly bring out few key tenets which when paid heed to can transform the lack to plenty. It might sound surprising but most of us fail to account for the time we spend in a day when asked generally. Ever wondered why? It’s because of the time spent is distributed between doing “utility things” and other unyielding tasks. The following theory by Pareto throws more light on this aspect.

The 80:20 Rule: This argues that typically 80% of unfocussed effort generates only 20% of results. The remaining 80% of results are achieved with only 20% of the effort. While the ratio is not always 80:20, this broad pattern of a small proportion of activity generating non-scalar returns recurs so frequently as to be the norm in many areas.

There are several little aspects and loop holes which when plugged leave an individual with lots of time at his disposal. Some of them are:

Organizing & Planning Time:
Losing time generally happens due to inadequate and improper planning. As the saying goes “If you are failing to plan, you are planning to fail“, planning becomes a pre-requisite to success. And in all certainty it encompasses time management. A clear track of the time available helps an individual helps to plan his schedule or day and work towards it.

Setting goals:
To be successful in a lifetime, one needs to set goals. Only when one has a goal, does he / she build a path to achieve it. A goal lends meaning and purpose to one’s life and sets him on a learning path. Goal setting is a vital necessity when a clear and focused effort is required to accomplish a task or assignment. Goal setting also reduces the distractions which act as deterrents towards the pursuit of one’s goals.

Activity log sheet & “To-do” list:
A useful way to keep a measure of the time one spends or wastes is by having a log sheet of the tasks or assignments performed in a day. Also a “to-do” list comes in very handy in this regard. One does not need to jot down each and every detail but in brief could recollect the list of activities undertaken and map his or her resource utilization against each of the errand. This would bring to the fore the primary causes of time loss and would help in curbing them.

Learning to say “No”:
This is one the many minute things that goes unnoticed which lead to individuals performing errands that are uncalled for or could be done later. A strong “No” many a times helps an individual achieve a great deal, for, it provides the individual with that amount of time that goes unrealized and wasted.

Time management is the key to success
Time management is the key to success

Prioritizing Errands: A clear insight of one’s errands in an ascending order of importance helps prioritize individuals to schedule the important tasks ahead of the unimportant ones. Also, it helps a person develop an analytical approach for evaluating and assessing the various situations and issues based on factors such as importance, urgency etc. When imbibed and practiced over a period of time, it helps a person to become a better judge of the issues and situations around him or her. Other important factors in time management include being flexible enough to mould a schedule or task list in case of emergency. Perfection is helpful for it helps achieve a good output but not on all occasions. Today’s highly competitive scenario calls for a person to be effective and smart. And finally an action plan analysis on a regular basis of the tasks undertaken over a given period of time helps in a huge way in not only curbing the “Time stealers” but eliminating them gradually.

Image Source: Time and Money from Big Stock Photo