How often do you come across this overwhelming feeling of when can I finish my work or keep staring at an endless to-do list or get tensed over missed deadlines? How often do you curse yourself for not being able to balance work and personal life? To be honest, according to a recent study by Linkedin, about 70-80% of the people struggle with this time management.
From a student juggling between assignments, a professional getting sucked in meeting after meetings or a CEO getting stuck between growing a business and managing personal commitment, if time is not managed efficiently, it leads to stress, burnout and sometimes also missed opportunities.
Effective time management is one the key skillset or a trait a person should develop right from the school. It helps one to prioritise tasks, reduce procrastination and achieve more in less time. Efficient time management skills help boost confidence, reduce false stress and create an environment and space for what truly matters, be it career growth, personal development or spending quality time with one’s family and friends.
In this blog, we aim at exploring and discussing about:
What exactly is time management?
What are some of the proven time management strategies?
How can you build your own time management system?
What core time management skills one needs to develop?
Some tools that can help you in time management
What is time management Skills?
Time management is the process/skill of organizing, controlling and planning how to allocate your time between tasks, activities and responsibilities with the intention of maximizing productivity and efficiency. It is a skill that is intended to minimize wasted effort that helps an individual achieve more in less time. It helps in gaining control over your day’s schedule and strike a balance between time spent and work done. At a high level, it focuses on:
Setting priorities
Avoiding distractions
Using productivity techniques
The effects of Poor Time Management Skills
Poor time management leads to stress, burn out and also sometimes missed opportunities. Some of the commonly found effects include:
Increased Stress and Anxiety – Last minute rushes, unfinished tasks can create unnecessary pressure leading to burnout
Drop in Productivity – Time getting wasted on tasks which are not important where efficiency and output is lost
Reduced Quality of work – Rushed work because of not scheduling your work may result in errors and below par performance
Issues with Health and Relationships – Chronic stress from poor time management can lead to fatigue, overthinking and health problems and constant running late or moving plans may upset relationship with important people
Missed Opportunities – Missed deadlines may hamper your promotions and commitments with other people
How Effective Time Management Skills Transforms Your Life?
Effective time management lets individuals take control of their life. It helps in reducing stress, improving focus and productivity and all this while enjoying life. Effective time management:
Helps individual’s efficiency
Reduces stress and helps them in meeting deadlines with confidence
Strikes balance between passion, relationships and work
Eliminates distraction and staying on track with increased focus
Brings success by achieving their goals faster with structured planning
Core Time Management Skills Every Professional Should Master
One should understand what time management is all about and what are the skills that can help them manage their time better. It helps an individual at various levels. Some of the crucial time management skills include:
Prioritization
What? – The act of arranging the tasks/activities in order of urgency/importance or impact it would generate
How? – Evaluate the tasks/activities against deadlines, impact or even goals and order them accordingly
Benefits – Focus and finishing of high value work first and maximising efficiency
Tips – Use techniques like MOSCOW, Value vs risk matrix, WSJF