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Time Management
Time Management
Time management is nothing but common sense. I do well in school, so I must be managing
my time effectively.
It takes all the fun out of life!!!
Time management? I work better under pressure.
No matter what I do, I won’t have enough time!
https://corporatefinanceinstitute.com/resources/management/time-management-list-tips/
https://www.dcu.ie/sites/default/files/students_access/docs/Time%20Management%20Powerpoint
.pptx
Time management theory Not only a definition, but also a theory on time management is lacking.
The question “how does time management work and why?” is still unanswered. Only Macan (1994)
presented a model of time management that comprised antecedent, mediating, and outcome
variables with respect to time management behaviours. Macan (1994) stated that time management
training programs lead to three types of time management behaviours: (1) setting goals and
priorities; (2) mechanics of time management; and (3) preference for organization.
She hypothesized that these behaviours would result in perceived control of time, or the feeling of
having control over one’s time. Furthermore, perceived control of time was hypothesized to mediate
between the time management behaviours and job-induced and somatic tension, job satisfaction,
and job performance. Results showed that time management training was positively related to only
one scale of the time management behaviours, goal setting and priorities. Setting goals and priorities
and the mechanics of time management were positively related to perceived control of time,
whereas preference for organization was not. Job-induced and somatic tension was negatively
related, and job satisfaction was positively related to time management behaviour and mediated by
perceived control of time. Perceived control of time was not significantly related to job performance.
These results imply that by implementing time management techniques, one is able to experience
control over what can be done within workday time. This feeling in turn has a positive effect on job
satisfaction, and job-induced and somatic tensions.
https://www.liquidplanner.com/blog/5-time-management-myths/
https://www.acowtancy.com/textbook/acca-bt/e1-personal-effectiveness-techniques/time-
management/notes
https://corporatefinanceinstitute.com/resources/management/time-management-list-tips/
https://documents.manchester.ac.uk/display.aspx?DocID=8258#:~:text=Procrastination%20is%20th
e%20tendency%20to,a%20greater%20or%20lesser%20extent.
https://www.usa.edu/blog/time-management-techniques/
TIME MANAGEMENT
Good morning/afternoon/evening to everyone present here. Today I
will be presenting to you on a topic that affects each and every one of
us, regardless of our age, profession, or background: time
management. As budding chartered accountants we have known how
valuable time is and time management is very essential especially
once we enter articleship, managing clients, studying for our exams,
maintain work life balance etc. would be a task. In our fast-paced,
ever-evolving world, time has become an invaluable resource, and
mastering the art of managing it effectively can significantly enhance
our productivity, success, and overall quality of life.
In this presentation, I will be talking about contents in relation to time
management beginning with what time management actually is, its
importance, various myths in relation to time management, challenges
and also various methods of managing time.
As the famous American poet Carl Sandburg has once quoted, time is
a valuable coin in your life that only you alone should as to how that
coin should be spent. You should never let others decide how that
coin should be spent.
So what actually is time management? In simple words it means
managing whatever time you have in an effective manner, allocating
the available time to the right activity and making the best use of that
time. The necessity of managing time is for us to be able to achieve
our goals which increases the level of efficiency and creates self-
discipline and helps us finish our work faster.
Now let’s talk about few myths that in relation to time management.
The first one says that you need to be busy in order to be productive.
That is not true. Productivity is about achieving meaningful results,
not just keeping busy with random tasks. To-do lists may help you to
organize all of your tasks in one place. But it does not assure
productivity. We need to ensure that sufficient time is also allotted to
each task in the to-do list. Multitasking does help us in finishing our
work in less time. Multitasking can actually reduce productivity and
lead to errors. It is better to focus on one task at a time and give it
your full attention. Schedules need not be inflexible. Allowing for
some flexibility and being open to adjusting your plans when
necessary can help you adapt to unexpected events or changing
priorities. Technology can never be an ultimate solution to your
problems. Technology can assist you, but it's crucial to develop good
habits and strategies independent of any specific tool. What are the
aftereffects/implications of poor management of time? It leads to poor
work flow, wastage of time, and poor quality of work, damages a
person’s reputation, losing control of life and many other factors.
Coming to the challenges of time management it can be classified into
internal, those which are within a person’s control and external are
those that are not within an individual’s control. Internal barriers can
include lack of discipline, procrastination, lack of motivation,
multitasking, anxiety, poor planning and many others. External
barriers to name a few could be workload issues, distractions, lack of
sufficient resources etc. Now we will be going through certain steps
that can be taken to make sure that our time can be put into effective
usage. First and foremost would be to set goals correctly. We can start
by defining short term and long term goals which will help in giving a
sense of direction. Then comes the turn to prioritize tasks which will
help in identifying the most important and urgent tasks and focus
must be on completing those first. Setting time constraints for
completing tasks helps you be more focused and efficient. It is hard to
stay motivated for a very long time and hence grabbing short breaks
in between work will lead to a much more efficient output. We need
to determine what work is significant and that what needs more of our
time and avoid non value added works. Utilize your calendar for more
long-term time management. Write down the deadlines for projects,
or for tasks that are part of completing the overall project. Planning
ahead can be done with the help of to-do lists that are prepared in
advance. Have a clear idea on the start of the day itself as to what
needs to get done on that day.