This website uses cookies to ensure you have the best experience. Learn more

The Importance Of Effective Time Management

2123 words - 9 pages

Introduction

In this assignment I will look into the relationship between time management and stress within the workplace. I will be discussing the implications this can have at home and a work.
In order to lead and manage others, we must first be capable of managing ourselves. Time management is a key factor. This report will demonstrate how good management can positively impact on performance and efficiency, not only on an individual level, but also on a team that is being led. I will also discuss how stress can affect working performance, along with the various ways that stress can be identified, and the support that is available.

The Importance of Effective Time Management

Time ...view middle of the document...

Covey. The 7 Habits of Highly Effective People. 2004)

Strengths and Weaknesses
Recently, I have been analysing my own time management to identify my strengths and weaknesses. I recorded how I used my time for a week, including all my main tasks, down to the detail of phone calls and general conversation. I then analysed this to see if I had made effective use of my time.
Strengths Weaknesses
Planning. Work under pressure. Prioritising. Problem solving. Support and Coaching. Paperwork. Estimating. Networking with other departments.
Build networks. Become more organised. Stick to deadlines. Use networking to help me improve estimating skill. Waste time for others chasing me up. Unable to keep track of costs. Unable to bill customers correctly.
Opportunities Threats
My analysis found that my strengths are planning ahead and prioritising tasks. In my current role this was noticeable when my planned shift was interrupted by two critical faults and I had to alter my workload around to accommodate for these, without compromising the targets of my scheduled workload. This quick thinking made a positive impact on my time management. Dealing with a problem early can stop a situation becoming stressful or increasing pressure.
I also looked honestly to scrutinise my weaknesses. Weaknesses are simply opportunities to improve. I identified that I wasn’t effective with organising paperwork and receipts. I would find myself taking hours on the day that Corporate Purchase Card (CPC) Transaction Logs were due to be collected, I can use a SMART objective to help me improve on this.
Using a SWOT Table (See Figure 1) I can identify my strengths and weaknesses and look directly at the opportunities and threats that this can have to myself, and the business. The impact of inefficiency with my CPC Logs can mean that other people in the business will have to spend time finding out the details, or customers may not get billed correctly. This can also effect the correct logging of spend within the business. The opportunities are where we can really look into SMART objectives and improve as individuals, and as a team.

SMART Objective
My weakness with keeping up to date with my paperwork does not currently create much inefficiency, however in a leader, inefficiencies can be multiplied. Therefore, I would like to address this at an early stage before I find myself encroaching into my personal time with these problems.
As a Cost Centre (CC) within Romec, 875 have ongoing challenges of targets to meet in relation to job completion and same day fix. In our SPC we perform above target, however there are opportunities for improvement. SMART objectives can be applied to help us advance in our performance. Any advances then made can be shared across the business to make the whole business improve performance, and ultimately, more profitable. This will have the added impact of improving personal satisfaction. Our customers will also benefit with their experience of us as a...

Find Another Essay On The Importance of Effective Time Management

The Importance of Leisure Time Essay

1094 words - 4 pages The Importance of Leisure Time *No Works Cited Leisure is defined as freedom from the demands of work or duty. Everybody needs leisure in their lives, to balance the stress of work and life. Leisure helps re-energize and relax people, so they can perform activities well in their lives. People use their free time (leisure time) in a variety of different ways; engaging in outdoor activities, entertainment like watching movies or

Importance of Effective Communication Essay

1262 words - 5 pages Commonly when persons or groups think of the connection with communication they usually just imagine how personnel broadcast between each other, but it is so much more than that. There is a sender and a recipient when we are endeavoring to communicate between us as individuals or groups. Communication is most renowned for information from a sender to a recipient. We should have effective communication when we are at an enterprise and

The Importance Of Biotechnology In Today's Time

3554 words - 15 pages the mammalian cells by recombinant DNA technology. By cloning cDNA to genes for human interferon, it has been found that there are large number of interferon differing in amino acid sequences and properties. A large number of interferon is prepared in yeast cells by fermentation process. Shrof expects that in the near future vaccines will come in more convenient ways "some will come in the form of mouthwash; others will be swallowed in time

The Importance of Time Throughout History

1417 words - 6 pages Timekeeping has been an integral part of life ever since humans stepped foot on the earth. Once humans realized the difference between night and day, moon phases were used to determine months, changing seasons and record years. Soon humans realized the connection of time with the sun’s position and started using shadows to keep time thus creating the sundial, used foremost by the Egyptians and Greeks. As life become more complex, so did the need

The Essence of Time Management

1581 words - 6 pages can one acquire it and replace it with a substitute from different sources. According to Peter Drucker, “Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time.” The fact that all work takes place in time and uses up time crates the importance of time. And inelastic, perishable, irreplaceable, and unobtainable characteristics of the time put up the need for managing it. The ultimate result

The Importance of Performance Management

2156 words - 9 pages Geller & Reis (2010). Each year, we discussed that not all managers have completed their annual employee review cycle and they need to hurry up get them done. The conversation usually focuses on managers expressing that they do not have enough time or the manager or their associates do not feel the process is worthwhile. Luckily, there is a portion of the management team that feels that employee reviews provide continual, constructive, and

The Importance of Conflict Management

2731 words - 11 pages The Importance of Conflict Management But we cannot avoid conflict, conflict with society, other individuals and with oneself. Conflicts may be sources of defeat, lost life and a limitation of our potentiality, but they may also lead to a greater depth of living and the birth of more far-reaching unites, which flourish in the tensions that engender them. -Karl Jaspers The amount of entropy in corporate America has increased

The Importance of Operation Management

906 words - 4 pages In the world of business there are many essential parts to a successful operation. Some may say that marketing, production and/or sales are the most important part of any business, but after studying the process of operation management, it is found to be the backbone of any business process. Operation management embodies all aspects of the business process and unites them to create an efficient resourceful procedure.The first step to a

The Importance of Effective Listening Skills in the Workplace

577 words - 2 pages The Importance of Effective Listening Skills in the Workplace Every business consists of a variety of communication activities such as listening, speaking, questioning, gathering and participating in small work groups. The listening skill is one of the most important aspects of communication process. It helps to understand and read the other person’s message. Effective listening skills create positive workplace relationships which

The importance of Effective Communication in Health-Care

967 words - 4 pages strategies to resolve variant issues, considering that any miscommunication in health care could be fatal and result in lives lost. It is crucial for a health care team to be involved in the care of a patient to effectively communicate with each other for better care coordination and management of patients’ care. With this approach of collaboration, and structural framework of better ways to improve effective communication, patient health

The importance of Effective Communication in Health-Care

2065 words - 8 pages communication, it is important for providers to work collaboratively and to communicate effectively with each other. Provider-provider communication is essential for the coordination of care, which will mean better care. Effective personnel communications originate with principles of effective inter communications skills including integrate principles of effective communication with expertise of “quality and safety competencies” like basic skills in

Similar Essays

The Importance Of Effective Management Essay

2059 words - 9 pages Managing Yourself Introduction The purpose of this report is to look into and evaluate the importance of effective time management and the causes of stress in the workplace and how they affect the Procurement Department’s ability to deliver its objectives. Time management is the process by which individuals consciously or subconsciously allocate time to the various activities they carry out both in the workplace and at home. Strengths and

Effective Time Management The Foundation Of Success

1492 words - 6 pages Effective Time Management - The Foundation of Success      Upon returning to college, the mature student (any student over the age of 24) soon realizes that their ability to manage time effectively directly impacts their learning experience and their family life. Unlike traditional students, the mature student may have a spouse, children and a full-time job that is necessary for them to survive financially. Adults with families will readily

5 Ways Of Effective Time Management

825 words - 3 pages help reduce stress to a great extent.Factors to effective time management:1) Planning: planning is one of the most important keys to effective time management. It involves foresight, hindsight and being present in time. The ability to be able to plan is a gift. Foresight is required to be able to look into the future and make a rough approximate as to how much and where time will be and should be allocated. Hindsight is required when you have to

Effective Time Management Essay

1848 words - 8 pages Introduction To understand the best ways of managing myself as a potential team leader I have examined the relationship between time and stress management. I scrutinized the way I manage my own time by keeping a time log also surveying colleagues in a questionnaire, to explore the importance of time management and its relationship to the causes and symptoms of stress. My overall aim is to minimize my own stress and become a more effective leader