The greatest time stealer between the phone, the visitor, the prolonged break, the e-mail and the chit-chat is the never ending “do you have a minute?” approach. Whenever possible say no. Allow a time each day that is dedicated to projected time lost. Find out why you are wasting time and have a realistic plan not to fall into the same pattern. When they start on a work, they rarely stop until it is finished, doing the most difficult things first thing in the morning.
Phone calls and mails are done in one lump of time. Breaks and easier jobs are usually done on times that they know they are least effective. The main idea is to plan time spent for each job section and protect the plan. The changes in real time management is fast as the application of real time statistics and information on international commerce that needs to be processed for more accurate decisions are constantly shifting.
What are the Benefits of Time Management? Aside from the fulfillment that one derives out of being more efficient and productive the effective practice of time management allows the following benefits: A sense of achievement in the workplace, man’s worth to the company is measured against the amount of output that is contributed and the influence that it creates. Let us say here (just for illustration) that lecture time is 25 hours. What remains is about 60 hours. Here’s the sweet part. Once you take away the time to review and do the assignments in each lesson, becomes your free time. If you use your time well during class, you would not be reviewing as much and those are hours added to your personal time.
It is often ironic that individuals who focus on the end results and not in being busy ends up in doing much and still have time enough for themselves. Today, time management courses have been developed that encompasses practically all the hours in our daily affairs. All time management courses differ on the titles and settings but are basically designed the same.
Time management courses are meant to keep us functioning effectively and cope with the expectations of the present and our expectations of ourselves. It analyses your to do list and offers prioritization of work that keeps the user constantly on track of tasks at hand and those that needs doing next. Time management software provides easy networking without the need for servers and allows the user to share data with those that are on the same network. – At the end of the day, have a to do list for the following morning and stick to it. – Use time management tolls. Different softwars are available on the net.
Attend time management programs. If your company does not sponsor these, spend a little, you will gain more. It is a misnomer to say that there is not enough time.
Most businessmen will tell you that no matter how well or bad the plan was in starting out, there usually is an initial success followed immediately by problems. This is what they call the beginners luck. When the problems begin to seem to be overwhelming, that is the point where most quit. This is also similar to time management that is at work.
Time Management Techniques for Better Time Utilization Since time is the only real resource that one has, it has often been said that people who have managed this resource are also usually good at managing other things. The time management techniques that they have applied to themselves are also the parameters that they apply in other modes of their behavior.
In this valuable video, George Soros shares his lifetime learnings on Financial Markets. Some of the key messages are:
1. In business cycles, Earnings (EPS) rise will lead Valuation(P/E) rise, and Earnings (EPS) fall will lead Valuation(P/E) fall because investors tend to extrapolate the present into the future.
2. Whatever is known to the majority, can not create profits (competitive advantage).
3. Markets discount all the known things. The profits are in the unknown (events of the future), which are not yet discounted by the market.
While this video is 5 years old, the content is still very relevant, and some of the implications and projections by George Soros have actually come true in last 5 years. The key point to note is that George Soros does not accept/agree with the Efficient Market Theory. While we can’t predict the future, it is possible to create scenarios and test them against the events as they unfold.
Open Society Foundations chairman and founder George Soros shares his latest thinking on economics and politics in a five-part lecture series recorded at Central European University, October 26-30, 2009. The lectures are the culmination of a lifetime of practical and philosophical reflection. Continue reading →
Our good friend Vikas Sharma is back into writing poems after a long break. Here’s his latest poem, which celebrates 12 years relationship anniversary. Looking forward to more new poems.
ye barah baras aapke saath ke
mere haath mein aapke haath ke
ye din aaj laayaa hai jo waaqyaa
wo din apni pahli mulaaqaat kaa