I learnt that time management acts as a tool to reduce stress at the workplace and in one’s personal life. Effective time management deals with goal setting, prioritization, managing interruptions, procrastination and scheduling.
Business is a game. There are pawns , there are strategies, and there are cheats. To win this game, one must be resourceful, proactive, and ready to fail. In the world of business, it is almost necessary to fail before you finally win. However, to minimize the risk of failing, there are several techniques and aspects to consider. I believe time is one of the most vital ones. Time management can make or break a company. Time management may be one of the toughest aspects to conquer and perfect but it sure isn’t impossible.
One of the main driving factors for any company is economics and how will telecommuting allow the corporation to be profitable. The primary saving for companies embarking upon the telecommuting concept is the reduction in the amount of office space required to conduct business. Telecommuting benefits the employer because they have an expanded pool of employees. The skills of employees with commuting difficulties, childcare conflict, disabilities, geographical barriers are made available to a telecommuting employer. Companies are now starting to expanding oversees where the labor price is cheaper for telecommuting. This however can be looked at as both an advantage to the employer, and as a disadvantage to the employee.
Dictionary.com defines time management as “the analysis of how working hours are spent and the prioritization of tasks in order to maximize personal efficiency in the workplace.” But, time management isn’t only about the workplace. In order to live a full and meaningful life, we must have a way to budget out our time to see our goals and desires come to fruition. But, actually implementing different time management techniques is much easier said than done.
Good time management is essential if people rely on you to do their job. Failure of personal objectives can lead to others failing and ultimately the company failing. There are techniques that can be used to help decide what is most important (Important/Urgent Matrix) and by setting SMART objectives this is the plan of action to allow you to achieve individual and Team goals. We must be aware of how our actions affect others in the business. Poor time management to lead to stress, sickness and reduced team productivity
Telecommuting has positives and negatives psychologically. Some positives include staying home with children; more free time, and making your own schedule, etc. Some say that looks very inviting. Many people, employees and managers, don't look at the negatives (no set times, difficulty communicating, being looked upon as a slacker, no face to face contact and so on) before they volunteer for their chance at freedom.
Time management is the act or process of planning and exercising conscious control over the amount of time spent on specific activities, especially to increase effectiveness, efficiency or productivity.
Effective time management is crucial to achieving team goals, relating to productivity, targets, profit and reputation resulting in lower stress levels. Good time management is making the best use of your time to become more efficient and productive (Demien Kasier 2014). This is important as an individual’s work load will affect others. As a Romec Engineer and an aspiring team leader effective time management will allow me to complete tasks, hit targets set by the Royal Mail, therefore boosting profits. Achieving targets would allow superiors (Field Service Manager FSM) more time as they are not focusing on managing failures. There would also be a knock on effect to the team i.e;
The workplace today goes beyond just the walls and ceilings that surround an office environment or office building. According to the International Telework Association and Council, 44.4 million Americans worked from home at least part of the time in 2004, up 7.5% from just on year earlier (Earthweb, 2005). Though it may be very convenient to work from home, the choice can bring its own set of problems. There are financial reasons, efficiencies, and even managing time are just a few to name that bring about many challenges and issues that any remote employee would face in that type of work environment.
As more and more people are getting into a hectic lifestyle, a need to have a good time management techniques that built-in part of your life, you have to follow some simple requirements. You no longer have the luxury to waste valuable time in your day.