Home
>
Time Management
>
Time Management Training - A Necessary Investment or A Waste Of Money?

Time Management Training - A Necessary Investment or A Waste Of Money?

Many organisations view time management training as something they'll spend their money on, only if they have to. Usually when pruning the company or department budget, training is often the first area that gets the chop. And yet can you really afford not to?

Here's what Dr. Donald Wetmore a Time Management Specialist from the U.S. recently said in the on-line e-zine Activepro...

Training is not a cost it's an investment

'It really doesn't matter what we pay for an investment. What's relevant is what we get in return. One of the best ways to jeopardise an organisation's future in today's world and increase the probability of troubled times it to look at training as a cost and pay the price of not training or provide substandard training that operates only as a bandaid for the training requirements.

A person being paid $50,000 per year who is wasting just one hour per day is costing the organisation $6,250 per year. If through one of our Time Management Seminars that person can learn how to recapture just one hour per day, that translates into a payback to the organisation of $6,250 per year!

If there is a group of 25 people, the return to the organisation is $156,250 per year! That doesn't even include other benefits like profitability, reduced turnover, improved morale, enhanced teamwork, greater creativity etc.)

Over 5 years, the payback is $781,250. What would your organisation invest to achieve that return and payback?

Not so many years ago, training was an option for most organisations. Today it is no longer an option. If any of us continue to do what we do the same way, within five years most of us will become obsolete. Why? Because our competitors are helping their people to become more effective through training.

If we look closely at companies who are doing well in the long run, they almost always have a well thought out training program in place

They realise the price for not training is the real expense of training'.

The most important training or knowledge enhancement you can offer to your employees is in the personal development area. Effective time management is a life skill which affects us all. Depending on how skilful we are at managing our time it can have a major impact on the whole of our life. Our skill levels in this area can greatly benefit us or cause us to be constantly stressed out.

Training is a life long endeavour. It has to be ongoing. Life changes constantly and so do our needs and those of our people, the no. 1 asset in every business. Time Management training is crucial for it's when we learn to use our time effectively that we get so much more done in our lives.

Have a great week!

Lorraine Pirihi

About The Author

Lorraine Pirihi is Australia's Personal Productivity Specialist and Leading Life Coach. Her business The Office Organiser specialises in showing small business owners and managers, how to get organised at work so they can have a life! Lorraine is also a dynamic speaker and has produced many products including "How to Survive and Thrive at Work!"

To subscribe to her free ezine visit http://www.office-organiser.com.au

This article may be reproduced providing it is published in it's entirety, including the author's bio and all links. For further information please contact Lorraine Pirihi; http://www.office-organiser.com.au

rental limo Atlanta .. Lockport Chicago limo O’Hare

In The News:

A Texas company is developing a hypersonic jet, Stargazer, that could fly from New York City to London in under an hour, redefining boundaries of aviation.

Porch pirates are on the prowl this holiday season. Tech guru Kurt "CyberGuy" Knutsson has a number of tips to prevent holiday package thefts.

Fueled by artificial intelligence, CyberDog the robotic dog is designed specifically locate fire ant nests, which are endangering ecosystems.

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

Internet browsers are useful, but they can be dangerous. Clicking on malicious links can direct you to dangerous websites that steal information or infect your device.

Apple's latest iOS update introduces advanced artificial intelligence capabilities, which may be capturing and analyzing sensitive information.

Breach site confirmed 56,904,909 Hot Topic users' data leaked online. Tech expert Kurt “CyberGuy" Knutsson says the company's silence makes matters even worse.

Tech expert Kurt “CyberGuy" Knutsson discusses how an innovative Easy-Way kit turns standard strollers electric, simplifying navigation for parents.

Tech expert Kurt “CyberGuy" Knutsson talks about T-Mobile being hacked in broad cyberattack on global phone and internet companies.

Tech expert Kurt “CyberGuy" Knutsson shows you how to add, customize and manage widgets for quick access to apps and info from your iPhone home screen.

Wrong Google searches can not only compromise your device and personal data. They can also bring law enforcement to your doorstep. Hackers are targeting Google searches.

China's Shanghai Kepler Robotics has developed a new humanoid robot that can carry up to 35 pounds per hand for commercial applications across various industries

Checking your hearing has gotten easier with the new hearing test feature in AirPods Pro 2. You can take reliable hearing tests using your iPhone or iPad.

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

Kurt "CyberGuy" Knutsson explains how a VPN — virtual private network — works and how running it can slow down the operation of your device.

The WalkON Suit F1, an exoskeleton developed to help people with disabilities, can actually walk over to a person in a wheelchair, solving a major problem.

ClickFix, a new scam targeting computer users, is on the rise in the U.S. The scam prompts its targets to click on a link to fix a problem.

Skydweller is the world's largest unmanned solar-powered aircraft that can stay airborne for weeks, and even months, without refueling.

The U.S. government said it is investigating after People's Republic of China hackers targeted commercial telecommunications service providers in the U.S.

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

Scammers are using increasingly sophisticated ways to lure unsuspecting victims, and some are impersonating an email help desk or support team.

You can unsend or edit your iMessages with the latest iOS updates. Kurt the CyberGuy explains how you can save yourself some potential embarrassment.

Kurt “CyberGuy" Knutsson says there’s been a rise in cybercriminal services using hacked police and government emails to send subpoenas and data requests to U.S. companies.

Kurt “CyberGuy" Knutsson discusses how Axiom Space and luxury designer Prada are collaborating on NASA's Artemis III spacesuit design.