The only commodity that The only commodity that matters matters Time Time
May 16, 2015
The only commodity that The only commodity that mattersmatters
TimeTime
““TIME isTIME is
....A continuum in which A continuum in which events events succeed one another from past succeed one another from past
through present to future.”through present to future.”
Noah Webster,Webster’s Dictionary
TimeTime Stress Stress ProcrastinationProcrastination Time=moneyTime=money What is time worth?What is time worth? What do you cost your organization What do you cost your organization
per hour?per hour? Manage your time like your moneyManage your time like your money You will never get your time backYou will never get your time back
The Time FamineThe Time Famine Bad time management= STRESSBad time management= STRESS
A typical worker wastes two hours Per Day
Being successful doesn't make you Being successful doesn't make you manage your time wellmanage your time well
Managing your time well makes you successful
Time Time MANAGEMENTMANAGEMENT
We explore the We explore the relationships between relationships between our human needs and our human needs and time management, our time management, our “internal compass”, “internal compass”, and organizing the and organizing the things that really things that really matter to us most. matter to us most.
The clock represents our The clock represents our commitment, appointments, commitment, appointments,
schedules, goals, activities-what we schedules, goals, activities-what we do with, and how we manage our do with, and how we manage our time. The compass represents our time. The compass represents our vision, values, principles, mission, vision, values, principles, mission, conscience, direction- what we feel conscience, direction- what we feel is important and how we lead our is important and how we lead our
lives.lives.
20% of employees produce 80% of the 20% of employees produce 80% of the real resultsreal results20% of the input creates 80% of the 20% of the input creates 80% of the resultresult
Are yo
u in th
e top
20 perc
ent?
If you can dream it you can do it
Walt Disney
#1 Urgent And #1 Urgent And ImportantImportant
CrisesCrises Pressing ProblemsPressing Problems Deadline Driven projects, Deadline Driven projects,
meetings, and preparationsmeetings, and preparations
#2#2 Important but Not UrgentImportant but Not Urgent
PreparationPreparation PreventionPrevention Values ClarificationValues Clarification PlanningPlanning Relationship Relationship
buildingbuilding True re-creationTrue re-creation EmpowermentEmpowerment
#3 Urgent but Not important#3 Urgent but Not important
Interruptions, some Interruptions, some phone callsphone calls
Some E-mail, phone Some E-mail, phone callscalls
Some meetingsSome meetings Many proximate, Many proximate,
pressing matterspressing matters Many popular Many popular
activitiesactivities
#4 Not Important and Not Urgent#4 Not Important and Not Urgent
Some phone callsSome phone callsTime WastersTime WastersEscape activitiesEscape activitiesIrrelevant mailIrrelevant mailExcessive TVExcessive TV
Trivia, Trivia, busyworkbusywork
Time ManagementTime Management
TimeTime is a difficult concept is a difficult concept to defineto define
Time management is Time management is event controlevent control
PlanningPlanning is the key to control is the key to control
The only time you can exercise any The only time you can exercise any
control over control over is is right nowright now!!
High Performance OrganizationsHigh Performance Organizations
#1=#1= 20-25% of time on urgent and important 20-25% of time on urgent and important #2 = 65-80% of time on Important #2 = 65-80% of time on Important
but not urgentbut not urgent #3 =#3 = 15% of time on urgent but not 15% of time on urgent but not
importantimportant #4#4 = less than 1% of time on not urgent and = less than 1% of time on not urgent and
not important not important
Typical OrganizationsTypical Organizations
#1=#1= 25-30% of time on urgent and important 25-30% of time on urgent and important #2 =#2 = 15% of time on Important but not 15% of time on Important but not
urgenturgent #3 = 50-60% of time on urgent but #3 = 50-60% of time on urgent but
not importantnot important #4#4 = 2 to 3% of time on not urgent and not = 2 to 3% of time on not urgent and not
importantimportant
Alignment: Goals, Priorities, and Alignment: Goals, Priorities, and PlanningPlanning
Doing things right Doing things right verses doing the right verses doing the right thingthing
What happens if I What happens if I chose not to do itchose not to do it
Does it align with my Does it align with my core principles?core principles?
Does it create value for Does it create value for my company ?my company ?
Failing to Plan is Planning to FailFailing to Plan is Planning to Fail
Plan each day, each Plan each day, each week, each quarterweek, each quarter
You can change your You can change your plan….only after you plan….only after you have one. have one.
To Do ListsTo Do Lists
The simplest form of time The simplest form of time management is simple management is simple checks and balances. checks and balances. These consist of sticky These consist of sticky notes reminder notes, and notes reminder notes, and lists. This is a good way to lists. This is a good way to track “to-do’s” with little track “to-do’s” with little stress and allows us to stress and allows us to have the go-with-the-flow have the go-with-the-flow flexibility flexibility
Good judgment comes from experience and experience comes from bad judgment:
You cant fake experience
To Do ListsTo Do Lists
The flip side of this idea is The flip side of this idea is that it offers us no real that it offers us no real structure and things structure and things tend to fall through the tend to fall through the cracks. Sometimes cracks. Sometimes important commitments important commitments can be forgotten or can be forgotten or ignored. We may feel ignored. We may feel stress free but we will stress free but we will probably get very little probably get very little accomplished.accomplished.
Planning and Preparation Time Planning and Preparation Time ManagementManagement
This type of management is This type of management is successful in the area of successful in the area of tracking commitments and tracking commitments and appointmentsappointments. We can get . We can get much more accomplished much more accomplished through our goals and planning. through our goals and planning.
We refer to this as a “plan We refer to this as a “plan your work - work your your work - work your plan” concept. plan” concept.
Planning, Preparing, and Planning, Preparing, and ControllingControlling
Many professionals can
Many professionals can
assume the responsibility
assume the responsibility
for results and connect
for results and connect
with their values. They
with their values. They
can also assess their
can also assess their
values and turn them into
values and turn them into
goals and actions.
goals and actions.
Because they manage and
Because they manage and
control their planning,
control their planning,
people feel it and it g
ives
people feel it and it g
ives
structure to their lives.
structure to their lives.
The Urgency AddictionThe Urgency Addiction
We try to work harder, faster and We try to work harder, faster and smarter and think we can manage smarter and think we can manage our lives. The truth is we are not in our lives. The truth is we are not in control; there are always control; there are always consequences to our actions.consequences to our actions.
You can choose to be addicted to the You can choose to be addicted to the urgency addiction and suffer the urgency addiction and suffer the consequences, or you can choose to be consequences, or you can choose to be free of the chains. Whatever the free of the chains. Whatever the situation, you always have a choicesituation, you always have a choice..
You have a You have a choice.choice.
Describe their failure to planDescribe their failure to plan
Effective verses EfficientEffective verses Efficient
When you're effective, When you're effective, you are able to you are able to accomplish the accomplish the worthwhile goal you've worthwhile goal you've chosen. When you're chosen. When you're efficient, you quickly efficient, you quickly carry out actions. You carry out actions. You won't be effective, won't be effective, however, unless those however, unless those actions result in your actions result in your achieving a meaningful achieving a meaningful goalgoal. .
Efficient verses EffectiveEfficient verses Effective
Is it more important to get Is it more important to get a job done efficiently…. a job done efficiently…. Or to take the time to Or to take the time to empower and employee empower and employee to do it, both now and in to do it, both now and in the future?the future?
Which will have an impact Which will have an impact on the quality of your on the quality of your time, the time of others, time, the time of others, the time of the the time of the organization? organization?
Are You Efficient?
Or Effective?
Ending ThoughtEnding Thought
The passion created by a The passion created by a shared vision creates shared vision creates
synergistic empowerment. synergistic empowerment. It combines energy, talent, It combines energy, talent,
and capabilities of all and capabilities of all involved. involved.