Home
>
Time Management
>
How Much Is Poor Time Management Costing You?

How Much Is Poor Time Management Costing You?

* If you were paying you to prioritise emails over coaching your team, would you feel you were getting a good return on your investment?

* If you were paying you to waste time on trivia rather than planning your next quarters sales plan ? would you think you were getting good value for money?

* If you were paying you to sit in numerous unproductive meetings would you feel that was a worthwhile contribution?

I suspect that the answer to those questions is no and yet, in effect, that's exactly what you are doing. By choosing to adopt poor time management habits and poorly prioritise what's important you are in effect creating a poor return on investment for your self your organisation or you own business.

No go One Step Further and ask your self "If I was paying me by the hour, day or on specific results what would I pay myself?"

It might be $30/hour, $800/week or $150000/year depending on your skill, knowledge and experience and in what role or business you are in. Let's say for example you are a manager earning $80000/year. Let's assume you work 250 x 8 hour days a year, which means you are earning the equivalent of $40/hour

* For every hour you spend trawling through your emails the cost is $40

* For every ? day you spend catching up on your personal administration because you are poorly organised the cost is $160

* For every day you sit in unproductive meetings the cost is $320

Now imagine that came out of YOUR paycheck. Would that refocus your priorities? Probably.

You can see now how your poor time management could be costing you dearly and that's only in financial terms. You are probably paying the price physically and emotionally for your lack of prioritisation of what's important versus what's urgent and unimportant. But look how easily you can make impactful changes

Using the same average work pattern look how much extra time you could have if?

* You save 5 minutes a day; you will increase your productivity by 2.6 full days.

* You save 30 minutes a day; you will increase your productivity by 15.63 full days.

* You save one hour a day; you will increase your productivity by 31.25 full days.

Suddenly you have "created more time" with the opportunity to achieve more results. You can see that even small changes can make a huge difference.

Take Control of Your Time an by saving that time or by choosing to reallocate that time to higher priority work you will achieve better results, reach the targets you have been set and help others to do the same. By changing your costly habits you might also help others change theirs.

?2005 Beverley Hamilton

About The Author
Beverley Hamilton is the author of take control of your time: 7 Straight Shooter Strategies for Success. To learn more, subscribe to Quickstart her free ezine and get more tips, tools and articles visit at take control of your time

NOTE: You're welcome to reprint this article online as long as it remains complete and unaltered including the "about the author" information at the end.

Ancona limousine airport .. Lockport Chicago limo O’Hare

In The News:

Recent reports show many common passwords can be cracked in literally seconds. Kurt the CyberGuy explains how to strengthen your passwords.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Iron, a robot that stands 5 feet, 8 inches tall and weighs 154 pounds, combines advanced artificial intelligence with human-like movement and exceptional vision.

Hertz, the rental car giant, recently confirmed that customer information was exposed through a cyberattack on one of its software vendors.

There are a number of features with AirPods you may or may not know about to take your listening experience to the next level. Kurt the CyberGuy explains.

These 35 Chrome extensions have privacy and security concerns. Tech expert Kurt “CyberGuy" Knutsson says to delete them now.

Tech expert Kurt “CyberGuy" Knutsson says 329,000 mph fusion rocket promises to be fast, disruptive and enable deep-space missions.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Tech expert Kurt “CyberGuy" Knutsson says a new autonomous AI is a game changer that also raises privacy risks. Is your data safe?

Tech expert Kurt “CyberGuy" Knutsson says robots and drones are revolutionizing fruit farming with faster picking and smarter handling.

Landmark Admin revises May 2024 cyberattack scope to show twice as many people were affected. Kurt “CyberGuy" Knutsson gives tips to help stay safe from an insurance data breach.

Tech expert Kurt “CyberGuy" Knutsson talks about how Yamaha’s hydrogen outboard motor could revolutionize boating with zero emissions.

Tech expert Kurt “CyberGuy" Knutsson reveals how to memorialize or remove a deceased loved one’s Facebook account and protect their digital legacy from misuse or scams.

Tech expert Kurt “CyberGuy" Knutsson says an Apple Watch saved psychiatrist Amanda Faulkner by detecting deadly leukemia early.

Scammers and fraudsters are increasingly targeting the most vulnerable, especially nursing homes and the personal data of their residents. Kurt the CyberGuy has safety tips.

Infected USB flash drives can spread malware among multiple organizations in ways that can easily bypass traditional security systems.

With a fully automated warehouse system and AI-powered robots, Ocado's Hive picks, packs and delivers grocery store orders in just a few minutes.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Recycling robots are using artificial intelligence to learn how to sort recyclables by recognizing patterns in colors, textures, shapes and logos.

The Reachy 2 robot is designed to be friendly and approachable, inviting natural interaction and is perfect for research, education and experimenting with embodied AI.

Kurt "CyberGuy" Knutsson shares several easy ways to keep your credit cards safe from digital thieves while you're traveling this summer.

Arcturus sets up cameras around the edges of baseball stadiums to capture real-time action and generate a 3D digital clone of the game.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

The CyberGuy explains why healthcare organizations are vulnerable to hackers after there have been a half dozen data breaches this year.

Developed at two California universities, the innovative technology combines brain-computer interfaces with advanced AI to decode neural activity into audible speech.