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Effective Time Management and The Survival of Agricultural Farms in Nigeria
Effective Time Management and The Survival of Agricultural Farms in Nigeria
Effective Time Management and The Survival of Agricultural Farms in Nigeria
ISSN No:-2456-2165
Abstract:- The study accessed the impact of effective Improved time management increases focus, builds
time management on the survival of Agricultural frms in confidence, and allows one to plan for time more
Nigeria in order to get adequate information on the effectively. Effective time management helps leaders,
impact of the effective time management on the survival entrepreneurs, and small business owners to achieve their
of the Agricultural farms selected for this study. goals. Managing time wisely improves work-life balance
and increases happiness. It also reduces stress and allows
The study made use of primary data. The data was one to achieve goals faster and easier within the stipulated
collected with the use of questionnaire fom the Big 4 time frame. He significantly emphasizes that managing time
selected Agricultural farms in Oyo State, South West, helps to capture bigger opportunities,and it helps to
Nigeria. The data collected covered the period of 6 maximize strengths and plan for future days efficiently and
years, (2016-2021). Information for the study was effectively.
extracted from the questionnaire distributed and
collected from he staff of the companies selected. The To survive and succeed in the competitive world in
data were analysed using descriptive and quantitative today's increasingly hostile and fast-moving business
techniques wth the use of percentages and tables for fair environment, organizations have to manage time efficiently
reporting and illustrations. and effectively. Proper management of time plays a vital
role in motivating the employees and thus improving the
It was shown by the result of the study that effective overall performance of the organization (Channar, Shaikh,
time management hsve significant influence on the Pathan & Mughal, 2014). The competitive environment we
survival of Agricutural farms. live in today encourages people from as early as their
elementary education to plan and manage time effectively.
It was concluded by the study that effective time The high performance required by competitive conditions
management have great and significant influence on the forces organizations and directors to use time effectively
survival of Agricultural farms in Nigeria. and stipulates the search to control time (Pehlivan, 2013).
Keywords:- Effective, Time management, survival, Consequently, time is a necessity for every organization in
Agricultural farms. achieving its goals and objectives.
However, for the meaningful and convenient The Data collected was subjected to descriptive and
accomplishment of this study, five live stock farms was quantitative analysis. Descripive statistics such as
selected in Oyo State. It is assumed that the information and frequency and percentages to examine the opinion of the
data collected for this research will be adequate for respondents was achieved using SPSS. Also, cross-
reasonable generalization.. tabulation wa done on the variables to produce the result of
the chi-square analysis, which is the measure of the
II. LITERATURE REVIEW significance of the relationship between the two variables.,
time management and organizational survival.
To the understanding of the concept of time
management, several theories could be applied. However, Therefore, the chi-square was used to calculate using
this study is anchored on two theories, the Pareto theory of the formula below:
80-20 Rule and theory of effective management. Vilfredo
Pareto was an Italian economist and philosopher who (0 − 𝐸)2
formulated the 80-20 rule. His observations were based on 𝑋2 = ∑ [ ]
𝐸
the fact that 80% of the land in Italy was owned by 20% of Where, 𝑥 2 = chi-square
the population. His research work became the thumb rule of
many business organizations, where 80% of productivity O = Observed frequencies
came from 20% of working employees. This 20% comprised E = Expected frequencies
the most efficient people who conducted their work within a
specific period, thereby contributing to a high rate of At the final level of analysis (the multivariate level)
productivity. Based on this theory, business and quality Appropriate statistical technique which is binary logistics
management pioneer, Dr. Joseph Juran said that 'vital few, regression to see the relationship or association between the
trivial many' build organizations. adjusted and unadjusted explanatory variable (time
management), and the dependent variable (organizational
The 80-20 rule could be applied everywhere where survival). In accessing the strength of the association
time plays a major role to uplift productivity and success of between the dependent and independent variables. All the
organizations. The key element of this theory is the 20% that analysis was done on a 5% significance level, i.e., 95%
matters the most. If you consider all the things that you are confidence level, which was adapted based on the general
doing the entire day, you will find out that it is 20% of your and acceptable standard in social science.
work that produces the net result. Thus, you should try
different ways that will allow you to effectively manage the IV. DISCUSSION OF RERSULTS
minor portion (Njagi & Malel, 2012). Moreover, the
relevance of this theory to time management is that it allows Table 4.1 represents the distribution of the socio-
an individual to manage his or her limited time daily demographic variables of the respondents. The table reveals
productively, as you have to categorize your work and majority 85.5% were male while 14.5% were female. With
activities for achieving the goals. regards to age, 39.0% were between 31-40years, 37.0%
between 20-30years, 13.5% between 41-50years, 8.5% were
The theory on the principle of effective management between 51years or more and just 2.0% were below 20years.
and organization is important for this study because of its Also, the majority 75.0% of the respondents were married
relevance to a proper organization which is a requirement and 25.0%b single. Furthermore, the highest qualification
for time management. The theory advanced the philosophy 44.5% among the respondents was SSCE, 29.0%
that viewed administration as a technical problem concerned HND/BSc,and 26.5% were ND/NCE. With regards to the
with the division of labor and specialization of functions, the position held, 26.0% were supervisors, 24.5% engineers,
100%
HND/B.Sc 29.0
ND/NCE 26.5
SSCE 44.5
30.0 26.0
24.5
25.0
20.0
15.0 11.0
9.5
10.0 5.5 6.5 6.5
4.0 4.0
5.0 2.5
0.0
Others
9%
Sales
13%
Production
Distridution 57%
21%
50.0 47.5
45.0
40.0
35.0
30.0
25.0 23.0
20.0
15.0 10.5 10.5
8.5
10.0
5.0
0.0
1-5 years 6-10 years 11-15 years 16-20 years 21-30 years
Fig. 7: Distribution of respondents by Number of year in the organization
Igbo
11%
English
39%
Yoruba
50%
Muslim
39% Christian
Christian Muslim
61%
Others 9.0
Igbo 14.5
Hausa 8.0
Yoruba 68.5
Table 3 showed the relationship between time employee to achieve up to expectations (mean=4.8). Others
management and employee efficiency. The table shows an include Effective time management helps to increase output
overall very strong relationship between time management (mean=4.7), Effective time management help to achieve an
and employee efficiency with a grand mean of 4.7 on a optimal result (mean=4.7), The organizational culture
5point scale. Top among the variables reveals Time encourages time management for the employee (mean=4.6)
management helps to improve employee efficiency and Time management helps to increase the sales level
(mean=4.8) and Effective time management helps the (mean=4.6)
Variable SD D UN A SA Mean SD
Time management helps to improve employee efficiency 0(0.0) 9(4.5) 0(0.0) 17(8.5) 174(87.0) 4.8 0.7
Effective time management helps to increase output 0(0.0) 0(0.0) 0(0.0) 65(32.5) 135(67.5) 4.7 0.5
The organizational culture encourages time management 0(0.0) 9(4.5) 0(0.0) 56(28.0) 135(67.5) 4.6 0.7
for the employee
Time management helps to increase the sales level 0(0.0) 9(4.5) 0(0.0) 51(25.5) 140(70.0) 4.6 0.7
Effective time management helps the employee to 0(0.0) 0(0.0) 5(2.5) 36(18.0) 159(79.5) 4.8 0.5
achieve up to expectation
Effective time management help to achieve an optimal 0(0.0) 9(4.5) 0(0.0) 35(17.5) 159(78.0) 4.7 0.7
result
Grand Mean 4.7
Table 3: Relationship between time management and employee efficiency
Table 4 show the effect of time management on the quick response to unexpected matters, Time management
survival of the organization. The majority 100% of the help to increase the profitability of the organization, and
respondent said the time management strategy adopted by Time management make the organization stand-out in the
the organization helps to accomplish tasks efficiently, 82.0% industry and Time management impact on overall survival
said Time management help to deliver more quality of the organization respectively and 91.0% said Time
products, and 97.5% said Time management help to gain management help to improve more on ideas and innovation.
more customer loyalty. Also, 85.0% said Time management
help to gain more employee loyalty and improved
productivity, 95.5 said Time management help to provide a
Table 5 show the effectts of time management management helps to improve more ideas of innovation
practices on organization profitability. The majority of while 15% disagreed. 70% agreed that time management
100% of the respondents said time management help to help avoids and overcome challenges and 30% disagreed.
increase the profitability of the organization. 85% said time
Table 6: shows the effect of time management management help streamlines its procurement strategy,
practices on the procurement unit of the organization.The while 25% disagreed. The argument on this is that strategies
majority of the respondents agreed that time management can only work where a functional strategic level is adopted.
allows procurement professionals to organize (100%). They 95% agreed that maximum productivity can be achieved for
also agreed that time management enables staff to get more the organization through the procurement process, while a
done in less time because, with the organized procurement minority of 5% disagreed. Lastly, the majority of the
unit,materials needed would have been on the ground for respondents agreed (100%) that procurement should be part
immediate replacement if the need be.75% agreed that time of any time management strategy.
Table 5 shows an overall percentage of 100% of the management has a significant on organization productivity,
respondents that time management has a strong relationship while the null hypothesis is rejected the alternative is
with the performance of organization productivity.All other accepted.
respondents agreed that time management has relatively
significant with 91% and above. Also, 96% agreed that time Table 6 Respondents agreed that time management has
management prioritizes needs to aid productivity and all a strong significant relationship with the practice of
strategies put in place on productivity based on time procurement in an organization with a larger percentage of
management have positive effects. Therefore, time 100%. The majority also agreed that time management