Time Management Essay Example for Free

while Management EssayTime Management in the Business WorldIt is true that the majority of the metre, people learn to manage their era the proverbial aphonic way (i.e. working late at night, trial and error, barely meeting deadlines, etc.). The definition of date charge mickle be stated to be the process of both controlling and understanding the time spend on a variety of activities. Time anxiety is by and large affected by a variety of certain methods, techniques that are utilized to accomplish the goals, objectives and tasks at a company within a peculiar(prenominal) time frame. Time forethought has typically been discussed in rail line sectors, however, end-to-end the years in that respect have been an incorporation of personal activities within the topic. Literature has noted that how one manages their time is a perfect question that should be inquired upon within the disdain care arena. The subject of what is time has as well as been expressed in the busine ss area in order to get individuals to better understand how to utilize it much in perfume and more efficiently.The definition of effectiveness is being able to accomplish a given project in a prudent manner while efficiency operates on ensuring that the tasks associated with the given project run as smoothly as they possibly croupe (Adair and Allen, 2003 Covey, 2004 Saunders et al., 2004). Ritter (1989), Irons (2003) and Schwartz and McCarthy (2007) ruminate that the core issue surrounding time prudence is that time is a resource that is restricted and that employees have to have energy for a business to run successfully. Schwartz and McCarthy (2007) took a step further by stating that the behaviors and rituals associated with employees at companies have a direct effect on that companys revenue and reputation in asset to the factors of performance and productivity. Hence, time management becomes an even more precise concept to both analyze and examine in order that businesses function to the best of their magnate (Jex and Elacqua, 1999). Time management is a balancing act (Friemann, 2000). Employees and staff at certain companies and corporations have problems with time management mostly as a consequence of not learning how to manage their time introductory to enteringinto the career world (Chase, 2003 Gamauf, 2012), personal and/or workplace stressors (Adebisi, 2013) and a deficiency of discipline (Viswanathan and Olsen, 1992 Kay, 2011 Mancini, 2003).To attack the issue of time management, certain journal articles have posited that management needs to implement certain types of strategies that stand by employees, managers and staff manage time well within certain projects and tasks that they are given (Anonymous, 2009 Chesbrough and Appleyard, 2007 Oshagbemi, 1995 Oncken and Wass, 1999 Nagra, 2011). There is savvy to believe that certain strategies along the lines of goal setting (Irons, 2003), Pareto analysis and quadrant goal implementation also referred to as the Eisenhower Method (Adair and Allen, 2003 Mancini, 2003 Thatcher, 2006), as well the my time or yours strategy noted in (Saunders et al., 2004), which sketch the importance of time management for companies and corporations that operate on both virtual teams and what would be perceived as the typical 9-5 work routine. Certain literature has even posited that certain strategies work better at particular times of the year (Bingham et al., 2011). What essentially then is the best practice associated with time management? How can companies and corporations take in that their staff is managing time to the best of their ability so that they run smoothly?Statement of the ProblemTime management is a problem. Many companies and corporations often suffer at the hands of goals and projects not being end on time. This results in cutbacks, frustrated employees and workers who are not being recognized accordingly (i.e. appraisals, compensation) (HRLook.com, 2007 Mancini, 200 3) and a lack of output for the companys products. While trial and error is typically the best way individuals learn to manage their time better, it becomes all the more important in the business management setting that time is managed, and managed right just not at the expense of the employees, managers and staff. Description of the ProblemThe focus of my enquiry then impart be to determine the best strategy (ies) that companies can implement to curtail the issue of time management. What courses of actions and methods best fit all sectors? While that is a loaded question, as on that point are many strategies that can be put into motion withincompanies and corporations, there is rationale to ascertain that one strategy or dickens at a minimum can be employed in all areas of business management (in all sectors). As aforementioned, there are many different courses of action that a company can take in terms of concerning employees and staff to manage their time better so goals a re properly executed. Stephen Covey (2004), in his book, The Seven Habits of Highly effectual People stated that time management could be approached from any of his four categories first generation, which was noted to be establish on timepiece, whose job is alerting individuals that a duty needs to be completed second generation, which was more along the lines of planning solely based on setting goals third generation, which was a prioritization technique utilizing certain objects daily to elucidate priorities efficiently and fourth part generation, which was a blend of the first through third categories with urgent matters taking precedence (Covey, 2004). Perhaps, his discussion on time management can be expounded upon in the look into to better understand what strategy truly works and what does not, the best. Definition of Key TermsEach of the presented mention terms will be apply throughout the research to spotlight the topic of time management in the business sector. * At tention management which relates to an individuals devotion of the resources mentally to a particular outcome or task (Mancini, 2003 Warren, 2008). * The action item which is specify as what needs to take place within a particular task (Mancini, 2003). * Chronemics the study of sign(a) contact within the field of business management. detections associated with interfacing and promptness fall within the realm of chronemics (Mancini, 2003). * Goal intercellular substance technique associated with prioritizing what is most essential to be completed (Mancini, 2003). * Pareto Analysis a statistical technique utilise to have efficient use of resources (Mancini, 2003). * Prospective memory which is remembering to perform tasks when they are needing to be performed (Srivannaboon and Milosevic, 2006). * Perception of time a psychological term that refers to the subjective interpretation of what time is (Adair and Allen, 2003 Dight, n.d.). * Time management systems tools that aid and support employees and staff to better manage their time (Mancini, 2003). Purpose ofStudy/MethodologyLiterature will be examined regarding time management. Each of the terms presented will be explicitly defined and discussed. In addition to the literature, questions will be asked throughout the research paper regarding time management such as wherefore has certain strategies been more effective than others throughout the years is it a managers job to go their staff to properly carry out duties what has happened to companies that did not employ any kind of time management skills and strategies to their business why is time management such an issue can time management actually be trained.In addition to these questions being answered in detail, much attention will be pay to the types of strategies associated with time management. Common strategies and not so common strategies will be important. With the methodology area of the research paper, interviews and/or surveys will be ne eded to assess and examine how individuals manage their time. While the crux of the research paper is on time management in business, time management is an important component in daily living as well. Thus, the function of the interviews and/surveys will be twofold to delineate whether time management is a problem or is it laziness and whether certain strategies that are being implemented by individuals in their daily activities can be incorporated into the business arena and vice versa. This will serve to highlight both the importance of time management and efficient use of time. Additional methodologies may arise throughout the course of the research that may lend itself to more literature reviewing, and analysis of a quantitative nature. Presently, there appear to be no limitations with this particular scope of topic, given the considerable and vast amount of culture on it. While that does not contend that limitations will not present themselves over the course of the research, it can be posited that the research question will be answered.ReferencesAdair, J., Allen, M. (2003). Time management and personal culture (ebook ed.). London, UK Thorogood publication Ltd. Adebisi, J. F. (2013). Time Management Practices and Its Effect on BusinessPerformance. Canadian Social Science, 9(1), 165-168. Anonymous (2009). Defining strategy. Strategic Direction, 25(4), 9-11. Bingham, C. B., Eisenhardt, K. M., Furr, N. R. (2011, Fall). Which Strategy When?MIT SLOAN MANAGEMENT REVIEW, 53(1), 70-79. Chesbrough, H. W., Appleyard, M. M. (2007). Open Innovation and Strategy .CALIFORNIA MANAGEMENT REVIEW, 50(1), 57-76. Covey, S. R. (2004). The Seven Habits of Highly Effective People. (Revised ed.). New York, NY Free Press. Dight, E. (n.d.). How do you view time? asks Eileen Dight. Retrieved July 16, 2013, from PerceptionsofTime.com website http//perceptionoftime.com/ Friemann, M. (2000, September 14). Time management a key homebuilding skill. The Pantagraph, 1-2. Gamauf, M. ( 2012, October 1). Time Management Skills. DOM Notebook, 108(10), 1-3. Herbane, B., Elliott, D., Swartz, E. M. (2004). Business Continuity Management time for a strategic role? yen Range Planning, 37(4), 435-457. HRLook.com (2007, June 29). Time-management skills concern employers. C2. Irons, L. M. (2003, May). Time Valuing A Teaching Strategy for Time Management. American Journal of health Education, 34(3), 172-173. Jex, S. M., Elacqua, T. C. (1999).Time management as a moderator of relations between stressors and employee strain. Work Stress, 13(2), 182-191. Kay, B. (2011, March). 3 Strategies for advance Time Management. Journal of Financial Planning, 26-27. Mancini, M. (2003). Time Management (ebook ed.). New York, NY The McGraw-Hill Companies, Inc. Nagra, M. M. (2011, October). Human Capital Strategy talent Management. October-December 2011 33 THE ARMY MEDICAL DEPARTMENT JOURNAL, 31-37. Oncken, Jr., W., Wass, D. L. (1999). Management Time Whos Got the Monkey? Harvard Busi ness Review, 1-7. Oshagbemi, T. (1995). Management development and managers use of their time.Journal of Management Development, 14(8), 19-34. Ritter, M. G. (1989). Cultivating time management skills. Case Notes, 16(6), 264-265. Saunders, C., Van Slyke, C., Vogel, D. R. (2004). My time or yours? Managing time visions in global virtual teams. Academy of Management Executive, 18(1), 19-31. Schwartz, T., McCarthy, C. (2007, October). Manage Your Energy, Not Your Time.Harvard Business Review, 1-10. Srivannaboon, S., Milosevic, D. Z. (2006). A two-way twine between business strategy and project management. International Journal of Project Management,24, 493-505. Thatcher, M. (2006, March). Breathing life intobusiness strategy. Strategic HR Review,5(3), 28-31. Viswanathan, M., Olsen, E. M. (1992, Winter). The Implementation of Business Strategies Implications for the Sales Function. The Journal of Personal Selling Sales Management, 12(1), 45-57. Warren, K. (2008, Spring). energetic Strategy. Business Strategy Review, 68-70.