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TIME MANAGEMENT

and time. All of the first four can be manipulated


Do you often feel frustrated because you are in many directions. You can manage human
unable to finish important jobs? resources; you can increase the size of your
work force, or decrease it, can change its
Do you ever look at the clock and realize with a composition, adding more of a certain specialty
slight sense of panic that you haven't really and subtracting others; you can move production
gotten started on what you wanted to accomplish workers off the line and retrain them in other
today? functions. You can also manage capital -
increase it, save it, spend it, or hold steady. You
When critical tasks are needed, such as can invest it, put it into new production facilities,
assignments, term works, presentations, or fund a subsidiary. If you need more, you can
preparation for exam days, etc., do you find sell shares in the company, get a loan, and
yourself working long nights and weekends to increase the price of your product.
complete them? And do you sometimes miss the
deadline anyway? But time, the invisible resource, is unique,
because it is finite. There is only so much of it,
Do you have a vague sense that something is and no matter what you do, you can't get more.
wrong with the way you do things but you can't The clock cannot be speeded up or slowed
say exactly what it is? down. Time is the only resource that must be
spent the instant it is received, and it must be
If you identify with most of these statements, you spent at one fixed rate: sixty seconds per
do indeed are in trouble most of the times and minute, sixty minutes per hour.
are always running to meet the deadlines.
Thus, the very notion of time management is a
misnomer. For, we cannot manage time. We
The truth is that time management is critical can only manage ourselves in relation to
in any student's life. But trying to get your time. We cannot control how much time we
money's worth means that you will always be have; we can only control how we use it. We
pushing the limit on what can be squeezed into a cannot choose whether to spend it, but only how.
finite amount of time. So your life may sound Once we've wasted time, it's gone and it cannot
stressed, even when you think you are working be replaced.
hard, playing hard, and achieving your goals. My
question is, "Do I want to spend all of my life like Difficulties in Time Management:
this?" I've already borrowed lakh of rupees to
attend college, and I have three/four years to go. Here are some of the most frequent reasons for
not being able to manage the time sensibly.
Time Management Is Self-Management: These reasons are also called time stealers.

The idea of "Time Management" may be the • Interruptions – telephone


biggest misconception of all. For, time cannot be • Interruptions – visitors
managed, at least not in the way other resources • Meetings
can be. Pursuing an aim or a task is concerned
• Indecision
with the wise management of five kinds of
• Acting with incomplete information
resources: capital, physical, human, information,
• Unclear communication
• Lack of planning blame for many of their time problems. It's
• Inability to say “NO” another aspect of human nature: No one really
likes to proclaim weaknesses. Instead we find it
much easier to blame others.
TIME WASTERS:
When people talk about their worst time
Every thought, every action takes time. problems, invariably they think in terms of the
Everything that takes time has the potential of things in the work environment that are beyond
wasting time. If anything takes longer than it their controller that they think are beyond their
should, it has wasted time. If that wasted time control. There are many handy scapegoats, of
puts you in jeopardy of running out of time on course: drop-in visitors, meetings, inadequate
another obligation later in the day, you are equipment, people who fail to perform as
suddenly facing great stress. expected, paperwork, inaccurate information,
telephone interruptions, crises of one sort or
Given below is a list of major time stealers or other, many of which could have been
time wasters, affecting our time management in anticipated and prevented. Yet the true cause
daily routine life. underlying most of these time wasters is found
within the person who allows his or her time to
• Indecision be wasted.
• Inefficacy
• Unanticipated interruptions that do not To avoid falling into that quadrant of time which
pay off is a time waster, some tips are given below; to
be followed in routine life.
• Procrastination
• Unrealistic time estimates
Some steps to successful time management:
• Unnecessary errors
• Crisis management • Set specific goals (be it academic or
• Poor organization personal)
• Ineffective meetings • Create a term calendar recording major
• Micro-management events
• Doing urgent but not important things • Create a weekly schedule of your classes,
• Poor planning and lack of contingency meeting etc.
plan • Decide on specific times to work on each
• Failure to delegate or delegating without course
authority • Make a to do list for each day the night
• Lack of priorities, standards, policies or before
procedures • Stop telling yourself you work best under
pressure; nobody works best under
So we can see that every time waster is a pressure.
potential stressor. • Resist the urge to step in and take over
because others are not doing their job;
Who’s Fault Is It? their work is their responsibility, not yours.
• Don't assume that everything has to be
One aspect of working on time management that done; learn to discriminate low-priority
is particularly difficult for some people is work and ignore it whenever possible.
accepting the reality that they themselves are to
• Stop trying to make everything perfect;
some things are simply not worth the • Procrastination (postponing)
extra effort. • Set-backs (failure)
• Confusion
TIME SAVERS: Putting First Things First • Inability to act
• Set back to relationship
The key to successful time management is doing • Inferiority complex
the most important task first, and giving it your
• Depressed
full concentration, to the exclusion of everything
else.
Plan…then stick:
The significance of the daily plan is that it forces
This is planning at its core: Set priorities for the
you to do exactly that. A daily plan will guarantee
day, and then do the first one first. And that
that you get your top-priority tasks done; guide
means first. Not after chatting with friends, not
you in determining the priorities of new tasks that
after listening to music or playing that game, not
arise during the day; give you psychological
after checking the mail, not after reading the
backup for resisting interruptions; tell you what to
novel, magazine or daily paper, not after clearing
return to if you do get interrupted.
away small jobs. It's such a simple idea, and yet
so very hard to do.
Planning goals for the day, week, month,
quarterly, annual (long term & short term goals)
We're all human, and there is a strong urge for
is the most important activity in time
instant gratification. We crave the feeling of
management. And to make sure the planning
success, of having accomplished something
sticks, you must write it down. A written daily
definite, and so we want to start our day with a
plan is your essential tool. With it, you are in
task that's easy and quick.
control of your time. Without it, your days will be
a frustrating jumble of minor crises, interruptions,
List the tasks that are essential for today. These
and dead ends.
are the "musts" any portion of a major project
that is due today, an assignment from your boss,
Evils of not planning:
a critical report, and so on. At least one of these
should be an activity that advances one of your
We all know that running out of time puts us
own long-range goals. Others will derive from the
under stress. We try to get too much done in too
company's long-range plans and your boss's
little time. Decisions are made in haste and
goals and priorities.
actions are taken under pressure. Planning is
abandoned. Impulse replaces thought. Work
Then rank them in priority order. Number one,
hours lengthen as we struggle to get everything
remember, is what you're going to tackle first.
done. Effectiveness is diminished; deadlines are
Refresh yourself on the process of setting
missed. Tension builds up, tempers too; stress
priorities, if needed. Next, give yourself a
escalates. We all know about that kind of stress,
deadline for achieving today's goals; set a time
right? What we may not know is how thoroughly
by when you plan to have completed each one.
time is connected to the problem.
This will keep you on track as the day
progresses. It will also provide reasons for
Listed below are some major evils affecting
saying no to interruptions, when warranted,
positive outcome, mainly due to bad planning
because you'll always have deadlines coming up
and scheduling of tasks:
to which you can refer.
• Paying phone bills
To avoid pitfalls in delivering on time and sticking
to the deadlines, one can take help by 2. PLAN TO DO
using/incorporating the following steps/changes: • Studying
• Planning
• Manage the decision making process • Relationship building
• Concentrate on doing only one task at a • Developing changes
time • Replying important letters
• Establish daily, short-term, mid-term and • Eating regularly healthy food
long term goals • Attending classes
• Handle correspondence quickly with short • Taking up revision tests
letters or memos
• Throw unneeded things away 3. REJECT AND EXPLAIN
• Establish personal deadlines and ones for • Attending some phone calls
your organization • Attending parties
• Do not waste other people’s time • Seeing a movie
• Ensure all meetings have a purpose, a • Taking account of attractive discount
time limit, and include only essential sales
people
• Trivial requests from others
• Get rid of busy work
• Adhoc interruptions/distractions
• Maintain accurate calendars and abide by
• Apparent emergences
them
• Pointless routine activities
• Know when to stop a task, policy or
procedure
4. RESIST AND CEASE
• Delegate everything possible and
• Watching movies
empower subordinates
• Watching TV
• Keep things simple
• Chatting with friends
• Ensure time is set aside for high priority
• Internet chatting
tasks
• Sight seeing
• Set aside time for reflection
• Shopping/computer games
• Use checklists and to do lists
• Day dreaming
• Adjust priorities as a result of new tasks
ANALYSIS OF TIME MATRIX
THE TIME MATRIX
Is the task important or not?

Important tasks are those which are essential for


1. DO NOW
achieving one’s goals in life, making it
• Emergencies
meaningful. Sharing time with your family,
• Crisis professional development and training,
• Demands from the boss socializing, being active and healthy may be
• Planned tasks due now important to your personal and professional
• Seeing a doctor when sick goals. Activities that contribute to your vision and
• Seeing the days news goals exist in quadrant 1 or 2.
• Meetings and appointments
On the other hand, spending time on routine e- From a time management point of view, if you
mails and phone calls, attending some meetings, are spending most of your time in quadrant 1 it
watching TV, may not be so important to your implies that you are a poor planner and sooner
personal and professional goals. or later you will experience stress.

Urgent tasks are those that cannot be put off. What activities you do that fall into quadrant 1?
Phone calls and snap deadlines from your boss Typically these tasks are done because they are
are things that you can’t really put-off. The reality urgent, and their importance means they have to
is that things will pop up unannounced that will be done. This is a stressful use of your time.
demand your immediate attention.
Being in quadrant 1 is stressful. There are
Non-urgent tasks are those things that don’t some important things that are best done in a
demand our immediate attention. They may proactive way (in quadrant 2), but if you don’t
include making some types of phone calls, attend to these things, then these important
watching TV, some forms of socializing, planning things become urgent and may turn out to be
your time, setting goals. crises (quadrant1).

These activities reside in quadrants 3 or 4 of the Quadrant 3


time management matrix.
This is an urgent but not important task. The
Remaining in Quadrant 2 activities you do that fall under this quadrant may
be tasks that land on your desk, or an
From a time management point of view, we want unimportant phone call.
to spend most of our time in quadrant 2,
proactively pursuing those things that are You will find that there are many tasks that
important to us. will fall under this quadrant 3 for you, and it is a
good idea to examine whether the tasks have to
What activities do you do that fall under quadrant be done, as more benefit will come from
2? These are tasks that are important but not spending time on those things that move you
urgent. Activities that typically fall into quadrant 2 towards your goals.
of the time management matrix are prevention-
related activities, computer maintenance; Quadrant 4
relationship building; strategic planning, training
and goal setting; recognizing new opportunities This type of task is not urgent and not
and vacations. important. These tasks do not move you towards
your goals, and could be dropped, so that you
By doing these important tasks in quadrant 2 of can do more vale-added tasks. What activities
the time management matrix, we are able to that you do fall into quadrant 4?
devote the time that is needed before they
become urgent. However, often urgent things • People in quadrant 3 and 4 waste lot of
crowd out the important things-it is easy to time
happen and results in stress and ineffective use • More time spent in quadrant 3 and 4 will
of our time. expand quadrant 1
• People in quadrant 3 and 4 struggle to
Moving from quadrant 2 to 1 meet deadlines
• Giving more weight-age to quadrant 2 will
make quadrant 1 shrink automatically.

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