How to manage your time effectively


Running a business is arguably one of the biggest challenges that an individual can choose to undertake; it requires not only dedication, motivation and strong leadership skills, but also a considerable amount of time. As such, it is important for business owners to develop effective time management skills; without these, most owners will struggle to maximise the productivity and performance of their business.


Here are four simple tips that business owners can use to ensure that their time at work is spent efficiently and effectively:


Learn to delegate


While delegation can, in some instances, cause an initial degree of anxiety to business owners, owners that can effectively hand over appropriate tasks to their employees often experience more manageable workloads and better directed resources.


There is – however, much more to being an effective delegator than handing over tasks to any staff member. Delegation should be a considered and strategic process that takes into account a number of different factors including, but not limited to, employee experience levels, competencies, skill-sets and attitudes; because if you don’t delegate to the right person, you risk the job getting done incorrectly or not getting done at all.


Prioritise your time in accordance with your business strategy


Having a well thought-out and tangible business strategy can function to create a clearly defined framework through which to channel your time, energy and resources.


Once you’ve developed your basic plan, you might want to consider breaking your strategy into different sub-elements and steps; this may help you to identify and isolate different areas within your business that require greater time and attention.


Manage employees effectively


In order for you to maximise your own efficiencies, the people around you need to be doing the same; if your employees aren’t doing their jobs properly, you are likely going to have to manage them more intently – that is, spend a greater portion of your time to help them achieve their targets.


This is not the optimal use of your time and, as such, it is important for you to brief staff members properly at the task assignment stage rather than after mistakes have been made; this will help to ensure that your employees understand what is expected of them, in turn working to reduce the likelihood of errors and inefficiencies.


Take breaks


Regardless of how you choose to structure your time throughout the day, if you’re tired and lack focus, you’re productivity is likely going to suffer. This is why it is important to find some time each day to relax, decompress and re-energise yourself  - be it by reading, watching television or going to the gym once a day.


Posted by George Tarbey on 15/11/2012 at 12:00 AM | Categories:


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