May 5, 2009

Your Most Important Resource

The 3 P's of Time Management
No matter what you do, your ability to manage your time determines how "successful" you will be. We are all given the same amount of time to work with in a day, so being efficient is essential. Through trial and error these are the strategies I've used to help me get the most out of my day...

1) Purpose. What is your goal? Start by filling in your weekly schedule based on what you want to accomplish. Eliminate activities that serve no purpose. Being busy is not the same as being productive. Spend your time with a goal in mind. That's focused efficiency.

2) Prioritize. Having a to-do list is good. Labeling your to-do list based on importance is better. Completing items on your list makes you feel accomplished, but it doesn't necessarily mean you've made progress. For example, make list, but give each item letter grades (A, B, C, etc.) based on priority. Work on the A's first, B's second and so on. This ensures the most important items get done first and the ones that can wait are saved for later.

3) Performance. Ever heard of the 80/20 principle? In order to manage your time effectively, spend 80% of your time doing the things that you are good at. Think about it. We all have 1 or 2 things that we would consider strengths. How much more efficient would we be if we spent 80% of our time doing those things? I'm not saying ignore the 20%, but do that when the 80% is complete.

Since we all have the same amount of hours in the day, we need to spend our time wisely. For everything you do, make sure you have a purpose, prioritize your time and perform at a high level. How you spend your time each day is a choice. Choose to manage your time wisely!

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