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Blog of Strategic,General and Financial Management (English/Spanish)





Strategycorner is now expanding its content to include posts about General Management, Financial Management, Finance Transformation, Marketing and HR Management. Posts will be published in English or Spanish.


At the end of the blog there are different charts about Strategic Management in Spanish. In the archive area you could find a lot of posts about strategy and its execution in English/Spanish.

Jesús Peral
Executive MBA IE Business School, Madrid,Spain


Master in Strategic Management
IDE-CESEM Business School, Madrid, Spain






Find at the end of blog all charts related to Strategic Management topics commented in the posts







Mapa Estratégico Genérico/Strategy Map

Mapa Estratégico Genérico/Strategy Map
Mapa Estratégico Completo

Modelo de Dirección Estratégica/Strategic Management Model

Modelo de Dirección Estratégica/Strategic Management Model
Modelo desarrollado en las entradas 1 a 100. Ver archivo del blog
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domingo, 7 de abril de 2019

How to manage your time, a personal view


It is likely the vast majority of the potential readers of this post know very well how to manage their time. There is a lot of articles, books etc on the subject. It is also likely these readers have the thinking “I know all about it, I have no problem in my daily professional work”.
This post does not intend to lecture but showing a personal view about how I normally manage my time at work.
Let me put this in context with a short real story. If you were told by the Managing Director of your company that he wanted you for a challenging assignment which means working closer to him giving you the opportunity to deal with strategic issues, gain more experience and even provide you some promotion prospects, would you take it? The answer would be likely, yes. If, however you were told that you would spend one day a week on this assignment and carry out your present work in the remaining four days, would you still accept it? Of course, probably you would. But how could you manage it? Definitely you would need to organize yourself better because you will need to do your existing work in four-fifths of the time you spend at the moment.
To recover this one-fifth or more, you need to think about how you use your time. You would need to organize yourself better and get other people to help or at least, which sometimes, it is really difficult, not to hinder you.
I am sure a lot of people could tell examples like the above mentioned. So how to cope with this o similar situations?
First, start with your current assignment, the tasks you carry out and the objectives you have to achieve. Try to establish an order of priority between your tasks and among your objective.
Right, I know what you think. This is difficult when you have a number of potentially conflicting areas of responsibility. And for this reason, at the end of your day you could say yourself: I have wasted my time, I have achieved next to nothing. Don’t desperate. I understand very well this feeling.
You could sort out the relative importance of your objectives and try to attach priorities to your tasks. As a second step you could give yourself sufficient free time to concentrate on major problems so you could react quickly to them.
And now a very important element. Yes, of course, delegation. You got it. You can classify the sort of issues that could arise and decided which could “safely” be delegated to others and which you should deal directly.
But at that point of time it is necessary to analyze more in detail how you spend your time. This will allow you to identify time-consuming activities and indicate where there are problems as well as possible solutions to them.
Prepare your “to do list” the day before. Summarize how effectively you spent your time. In this you will have the typical issues, reading, writing, skype calls, emails, dealing with people, attending to meetings and others depending on your area of work and expertise. The analysis will provide you the information you need to spot the weaknesses you have in managing your time. You could even prepare a time-consumer checklist to identify problems and why not, possible remedies.
I would say the main problem comes in the way you plan your work and establish your priorities. You have to fit the task you should complete into the time available to complete them and get them done in order of importance. Yes, right, you could be in your office long hours and it is likely to be the solution for you but it is not too much healthy and it is not part of the game.
I know that some people find it difficult, if not impossible, to plan their work ahead. They find they work best if they have to achieve almost impossible deadlines. Working under pressure concentrates the mind wonderfully, I heard it in a lot of situations.
But we are ordinary mortals, right? who work under a variety of conflicting pressures and we could not rely upon crisis action to get out of our work. For most of us, I assume, it is better to try to minimize the need for working under exceptional pressure by a little attention to the organization of our week or day. At the very least you should use some kind long range planning, organize your weekly activities in broad outline and plan each day in some details.
Hence what could be the practice? Sit down at the beginning of each week with your agenda, notebook or outlook planner and plan how you are going to spend your time. Assess each of your projects or tasks and work out priorities. Leave blocks of time for dealing with emails and seeing people. In my case I put everything down on paper, in a small notebook and I write what I intend to do the next day, in the morning and in the afternoon. You will probably have a better method so take advantage of it!!
At this stage why not having kind of daily organizer whatever is the format, in your computer, laptop, outlook or on paper. You can consult every morning when arriving to the office your plans and commitments. Check what is outstanding and act accordingly if you are jeopardizing a deadline.
I do not want to forget that besides organizing your work you probably need to organize as well your team. Give some housekeeping advice. Try to educate them to avoid unnecessary interruptions. Do not anger them by shutting them out when they have something urgent to discuss. But if it can wait get them to agree to meet you later at a fixed time.
As I mentioned before delegation is a critical element for your help. You will save a lot of time with your collaborators if you decide what work you could delegate to them. You will save even more time if you delegate clearly and spell out how and when you want them to report back. In line with this a very important issue, learn to say no to collaborators who want to see you when you are engaged on more important things. But also give them a time when they can see you. I would say talking generally to your team about their job can be time well spent if it helps to increase mutual understanding and respect.
What I mentioned above as time-consumer checklist could look like this:

Problem: Trying to do too much at a time. Possible remedies: Set priorities. Do one thing at a time
Problem: Getting involved in too much detail. Remedy: Delegate more
Problem: Postponing unpleasant tasks. Remedy: Avoid procrastination. Do them quickly
Problem: Constant interruptions with skype calls. Remedy: State firmly you will call back when possible
Problem: Insufficient time to think. Remedy: Reserve blocks of time for thinking
Problem: Too much time spent in conversations. Remedy: Decide in advance what you want to achieve when you meet someone.
Problem: Too much time spent in skype meetings: Remedy: Review all the meetings you hold and eliminate as many as you can.

I know that every professional has their own method according to the situation, experience, management style and working environment but remember you need to manage your time, also thinking in the important and in the urgent with the sane objective to give relief to the stress and be more efficient.
Think about it and share your thoughts!!