Breaking the hourglass (Evaluating time management’s importance) Essay Example for Free

Breaking the hourglass (Evaluating time management’s importance) Essay Time management, according to Marc Mancini (2003), is organizing one’s time in such a way that he or she will be more fulfilled, more confident, less stressed and less frustrated about his or her life dealings. Mancini (2003) pointed out the importance of managing time especially in this fast-paced environment where twenty fours hours is no longer enough for a day. How an individual manages his or her time is analogous to how he or she handles his or her life. Now that globalization has set in, time management is no longer an individualistic concern. Through the years, various business organizations have readily launched programs and trainings that would address time management problems. This situation can be attributed to the fact that efficient time utilization increases one’s productivity and has been instrumental in improving â€Å"service delivery (Politt, 2008).† Brooks and Schofield (1996) also implied that time management contributes to successful â€Å"product developments.†   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Another importance of time management can be observed in balancing critical life endeavors to achieve one’s goals (Harvard Business School, 2005). It is a discipline of controlling one’s life through efficient allocation of time (Harvard Business School, 2005). When personal goals are achieved, this translates to satisfaction and high performance. This is most especially true as for the case of many employees who are constantly exposed to stressful and pressure-driven working environments. Time management can therefore aid executives in helping their subordinates realize and attain their personal goals via creating more flexible yet highly productive working arrangements and setting good examples (Line, 2002)   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Darryl Davis (2003) also asserted that time management is more of an attitude-related issue than plain technical task. Time management is an issue of one’s willingness to utilize time more efficiently. It is a matter of creating concrete decisions in terms of prioritizing tasks and establishing attainable work schedules. With this regard, effective time management and positive outlook enable employees to experience a balanced life (Davis, 2003). Business companies, in return, can maximize their potentials.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Ruth Klein (2005) also supported Davis’ contentions, stating that balancing priorities requires full determination to execute all the planned changes. These changes should be then incorporated in a serious time management effort (Klein, 2005). Time is so precious that if one is able to spend his or her time wisely through effective and efficient time management, it is as same as keeping gold bars in a vault. They say time is gold, but the truth is time is life itself. People live their lives by the ticking of the clock. Time also determines the success and failures of many companies. Under this context, time presents a double-edged sword. It can be an asset and at the same time, a liability. Therefore, it is highly important for individuals and business organizations alike to establish efficient time management. Time management ensures that tasks are properly executed. Likewise, this also contributes to achieving balance in one’s professional and personal endeavors. Reference List Brooks, B. and Schofield, N. (1996). Time-to-market: time equals money—but where does it   Ã‚   all go?. World Class Design to Manufacture. 2 (6), 4 Harvard Business School (2005). Time management: increase your personal productivity and    effectiveness. Massachusetts: Harvard Business School Publishing. Davis, D. (2003). How to become a power agent in real estate. New York: Mc-Graw Hill Companies, Inc. Klein, R. (2005). Time management secrets for working women: getting organized to get the most out of each day. Illinois: Sourcebooks, Inc. Line, M (2002). How Should Managers Spend Their Time? Part 2. Library Management. 23   Ã‚  Ã‚  Ã‚   (1./2), 101-102 Politt, D. (2008). ISS rises to the challenge of effective HR Management. Human Resource   Ã‚  Ã‚  Ã‚  Ã‚   Management International Digest. 16 (2), 34-35 Mancini, M. (2003). Time Management. New York: Mc-Graw Hill Companies, Inc.