|
Dealing with Change and Change Management
There is a lot of talk about "change" - how important it is, how
we should alter the way we do to things at work and in our
personal lives in order to be more effective. Sometimes we even
hear how it is essential to change even if just for...
Developing your management style
One thing a lot of us don't do in sales is take time out to analyse things. How are we doing it? Why are we doing it? Can we do it better? Taking time out to assess your management style is one of the most fundemental tasks a person can do. We...
Performance Management is Not Difficult
Performance Management is a process that both employer and employee often fear! Why is this so! There is much misinformation about the performance management process and performance appraisals in management circles today. We often think that best...
The Key to High Productivity is Energy Management
One of the issues most often raised by my clients is better time management. People have tried prioritizing tasks, blocking out parts of their day for certain tasks, implementing new systems and getting better at delegation. While all of those...
Top Tips for Effective Time Management
Top Tips For Effective Time Management
Time is a precious, nonrenewable resource. That's why you should
value every moment, hour and day that you have. And just as a
well-run business should carefully develop a strategy for
spending money,...
|
|
|
|
|
|
|
|
Time Management and Money
I remember how intrigued I was when years ago, and long before I
had heard of time management, I recognised the link between time
and money - we say that we 'spend' both time and money, and also
talk about 'saving' time and money.
Moreover we usually find that in order to save time, we have to
spend money, and vice versa. For example, to save time cooking,
we might buy ready- prepared food. Our decision depends on our
circumstances and priorities - someone else might well prefer to
save some money and spend more time preparing and cooking a meal.
We make these choices all the time and often have no objective
yardstick to show us how effective they are - unless our choices
are so extreme that eventually we are totally overloaded with
commitments, or on the other hand we run out of money!
Constantly trying to keep a balance between spending and saving
time and money demands a willingness to keep checking priorities.
This is particularly true of self-employed people starting or
growing a business. It can be tempting to try and keep all costs
as low as possible and do everything yourself. But this can be
counter-productive when you realise just how much is involved in
starting and building up a business.
You need to think carefully about money and time management. If
you can pay a specialist to do a job and thus free yourself up
to do something else, that may be the better solution. Here are
just a few examples:
* You might be able to tinker on the computer and come up with a
logo and some marketing literature, but how long will that take
and will the results justify it? Paying a designer might be a
good move.
* Business these days is wrapped around with bureaucracy and you
must comply with all kinds of government agencies. Is it better
to do all your accounts, wages and admin work yourself or would
an employee or virtual assistant do it better and quicker?
* Selling is an essential part of any business and one loathed
by many. You can either spend hours on the phone working
through
directories, or hire professionals to do your cold calling and
set up appointments.
* Running business systems efficiently can be time-consuming and
repetitive. There are software programs available which reduce
the monotony, but they cost money. Another choice!
* If you need to travel some distance for work, consider the
respective merits of driving yourself or taking a plane or
train. A plane or train ticket may be expensive but you might be
able to do some work while you travel and still arrive in good
shape.
* You are probably constantly receiving invitations to attend
conferences, seminars and workshops. These are often held in
expensive hotels and can be pricey. It is tempting to think you
can save both time and money by not attending! But you can meet
some valuable contacts this way who will refer you work, thus
saving your marketing time and costs. At the same time, you may
well be inspired with some new ideas to transform your business
growth.
* Personal development - when you are working for yourself and
have no employer to pay for these on your behalf, training and
executive coaching looks very expensive and you may barely even
consider it. My own personal experience and that of many of my
clients shows that the spurt in growth which comes about when
you commit to personal development can move you further and
faster than you ever dreamt.
* Holidays and breaks - it is so easy to feel that we cannot
stop working or everything will start to crumble. The descent
from enthusiasm and motivation to worry and stress is an
insidious one which we may not even notice and which has a
profound impact on our time management. Give yourself the gift
of some time away from your desk, however, and you will return
feeling newly inspired and be so much more productive.
Time and money - our investments in both will ultimately pay off
in the success of our business and the happiness of our lives.
It makes sense to think carefully about the balance.
About the author:
#resource_html#
|
|
|
|
|
About Management - business management - people management - and more |
THE starting place for exploring MANAGEMENT; helping new managers get started and experienced managers get better. |
management.about.com |
  |
Management - Wikipedia, the free encyclopedia |
The phrase "management is what managers do" occurs widely, suggesting the difficulty of ... The management of a large organisation may have three levels: ... |
en.wikipedia.org |
  |
Free Management Library |
Quality Management · Research Methods · Risk Management · Sales · Social Entrepreneurship · Staffing · Starting an Organization · Strategic Planning ... |
www.managementhelp.org |
  |
Welcome to the American Management Association |
Helping business professionals learn practical management skills and the best practices of world class organization. |
www.amanet.org |
  |
Project Management Institute (PMI) - The largest project ... |
The organization of choice for project management professionalism. PMI establishes Project Management standards, provides seminars, educational programs and ... |
www.pmi.org |
  |
IT Project Management and IT Service Management Ideas and Analysis ... |
Datamation provides ideas and analysis for IT managers, featuring case studies and trend spotting reports on IT project and service management issues. |
itmanagement.earthweb.com |
  |
Management |
International review on management research. Peer-reviewed, occasional. Ejournal, with tables of content, abstracts and full articles available on-line. |
www.dmsp.dauphine.fr |
  |
Society for Human Resource Management |
Advances the human resource profession to ensure that HR is recognized as an essential partner in developing and executing organizational strategy. |
www.shrm.org |
  |
FEMA | Federal Emergency Management Agency |
Agency of the US government tasked with Disaster Mitigation, Preparedness, Response & Recovery planning. |
www.fema.gov |
  |
FT.com / Business Life |
Account Manager. Recruiter: Financial Times. Part Qualified Management Accountant. Recruiter: Robert Half Finance & Accounting ... |
www.ft.com |
  |
Small Business Management: Advice and Guides |
Online guide to small business management. Find articles, advice and how-to guides. |
www.entrepreneur.com |
  |
Academy of Management Online |
Academy of Management: This is the official web site of the Academy of Management, with information on membership, journals, list servers, web sites, ... |
www.aomonline.org |
  |
Business Management, Leadership and Decision Making Strategies and ... |
Provides business management articles, webcasts, online learning, and books as well as conferences focused on leadership and decision making. |
www.bettermanagement.com |
  |
Object Management Group |
Distributed object computing industry standards group founded in 1989. Defined standards include CORBA and IIOP. |
www.omg.org |
  |
Management Reading | Global Executive | Business | Economist.com |
The one management thinker every educated person should read Nov 17th 2005 ... The story of Emerson's successful management process is fascinating. ... |
www.economist.com |
  |
Emerald: Home |
Publisher of journals in management and library and information services, engineering, applied science and technology. |
www.emeraldinsight.com |
  |
Yale School of Management |
The mission of the Yale School of Management is to educate global leaders for business and society. We pride ourselves in providing a hard-edged business ... |
mba.yale.edu |
  |
US Office of Personnel Management |
Official Federal Government site listing positions nationwide for special agent, federal police officers and related jobs. |
www.usajobs.opm.gov |
  |
Waste Management |
Waste Management is the #1 Residential and Commercial Trash Service Provider. |
www.wm.com |
  |
US Office of Personnel Management |
Includes federal jobs listings, upcoming events, numerous humans resources reports, news releases and additional official information. |
www.opm.gov |
  |