Think you’re the only executive or manager that feels like there’s never enough time in the day to get everything done? You’re not alone: other small business owners feel pressed for time too.
According to a recent Wall Street Journal article, “Bosses Struggle With Time Management, Too,” many executives “aren’t happy with how they’re managing this limited resource.” In fact, a survey found that just “52% said they were spending their time in a way that matched their companies’ strategic priorities.” The article classifies four types of executives—online junkies, schmoozers, cheerleaders, and firefighters—based on their time-use habits
The article demonstrates why time management is becoming such a crucial problem in business: professionals don’t know how to track their time and companies don’t offer guidance.
When people want to save valuable resources, they start tracking how they use it. For instance, when an individual wants to save money, they track where they are currently spending their money. The same concept applies to saving time: the first step in time management is to start tracking how you currently use your minutes and hours. Track your time for one week, evaluating where you spend your time. From there, you can start finding ways to save time or use it more effectively.