Sunday, February 6, 2011

Time-Wise Leadership

A leader's value is measured in degrees of effectiveness.  It's not only how efficiently you perform your function in a leadership role, but it's also how effectively you guide your employees toward the attainment of the organization's goals.  Using time effectively is one way to increase your personal effectiveness; helping others use their time wisely is one way to increase your value to your organization.

We choose to use our time consciously or unconsciously.  We often do things or neglect to do things that result in an inefficient use of our time.

How much is your employees' time worth?  Does wasted time really impact the bottom line?  Let's take a look at an example.  Let's say your average employee earns $20/hour.  If only half an hour is wasted every day over a period of one year, considering vacation and time off, that adds up to an approximate total of 122.5 hours or $2450.  Multiply that amount by the number of employees, and you can see that inefficient use of time really impacts the bottom line.

One of the best ways to manage interruptions and minimize wasted time is to have a plan for the day that includes clear goals broken up into individual tasks.  Make sure your plan is always handy to help keep you on track.

Until next time...

Sheryl Tuchman