Time Management Exercises

Time Is Money, Stop Wasting Both!

Time management exercises are important to maintain perspective and ensure you spend your time wisely.

Time is money, so this is valuable information that will provide some clarity to just how effective you are using your time.

Whether or not you've heard the old saying "time is money", the chart below will give you a whole new perspective on the value of your time.

The first of our time management exercises shows you what your time is worth by the hour and by the minute based on 244 eight-hour working days per year (assuming a five-day work week less vacation and holidays):

IF YOUR ANNUAL EARNINGS ARE:

EVERY HOUR IS WORTH ROUNDED TO $):

EACH MINUTE IS WORTH:

$10,000

$5.00

$.09

$15,000

$8.00

$.13

$20,000

$10.00

$.17

$25,000

$13.00

$.21

$30,000

$15.00

$.26

$35,000

$18.00

$.30

$40,000

$20.00

$.34

$50,000

$26.00

$.43

$60,000

$31.00

$.51

$75,000

$39.00

$.64

$100,000

$51.00

$.85

What time management exercises like this point out is how important it is that we clearly understand the true monetary worth of our time. Once you understand how valuable your time is, you will be more apt to set better goals that pay higher dividends.

Time management exercises help you do this by giving you:

  • more achievement in the same number of hours

  • the same achievement in fewer hours

The second of our time management exercises provides a quick list of time-sucking activities, which will assist you in avoiding the most common time management pitfalls.

Controling Time Wasting Activities

  • Close Your Door - Close your office door when you can’t be interupted.
  • Make Appointments With Yourself - Set aside blocks of time for important work and planning.
  • Time Is Money! Spend it wisely.

  • Control Telephone Interruptions - Use voice-mail or have someone take messages. This allows you to focus on the work at hand; then you can return calls at your convenience or at a scheduled time that is communicated to the callers.
  • Minimize Meetings - Keep meetings to a minimum number and limit attendees to those needed. Use a detailed agenda and stick to your proposed time limit.
  • Reduce Paperwork - Keep memos short. Handle each piece of paper only once. Cut out unnecessary paper.
  • Assertiveness - Give instructions with confidence, which implies that you expect them to be followed. Taking more of a no-nonsense approach will limit the amount of drama, silliness and unprofessionalism in your workspace.
  • Modify Your Behavior - Identify your behavior goal. Make a commitment to develop the new behavior. Plan small actions to demonstrate the new behavior. Choose rewards and punishments for reinforcement. Check your progress regularly and make adjustments as needed.

Another key point of time management exercises is to gain leverage on yourself by telling others what you are committed to doing. Making a public statement to friends and family about how you are committed to spend your time will assist you in staying true to your goal.

We hope you’ve enjoyed these proven time management exercises and that you have a better idea of why and how you can stop wasting time. Apply these new tools and watch the time fly as you achieve more than ever before!




Sales Management Tools & Resources

Sales management articles provide proven management development and personal goal settings ideas. Every sales manager must stay informed about new selling practices and sales strategies.Begin creating your sales strategy today! Download our free sales management tools to improve sales productivity and increase profits!


More Articles on Sales Management

» FREE Time Management Skill Workshop
Take this free workshop to assess your time management skill level and accomplish more than you ever imagined.

» The Ultimate Time Management Tip
It's TIME to ROCK! Good time management practices catapult you to the top of your field. Just one proven time management tip can make all the difference in your success.

» Making Time For More Sales
Time managment today is more than using that old paper planner your parents used. Time management is also a state of mind and a life long journey of success and new experiences.









Free Newsletter

Free Leadership Tools and News Ezine
(Subscribe Free)

Enter Name:
Email Address:


Privacy Protected.
No SPAM - Guaranteed

Join Our Facebook Page!



RSSXML
What's an RSS feed?

© 2003-2012 Leadership-Tools.com - All Rights Reserved. Terms of Use | Privacy Policy