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Time Management Strategies for Every Business

July 1st, 2010   •   3 Comments   

It’s been said that you should work smarter, not harder, and this is certainly the case in today’s global market. Today businesses are doing more and going further than they ever have before, which means small business owners and entrepreneurs are constantly looking for a better workflow model, more productivity solutions, and new ways to streamline business processes. Business coaches and speakers are also finding themselves stretched to the limit as the marketplace expands to include the entire globe. These are just some of the reasons why time management strategies are of increasing importance in today’s business world.

Productivity Solutions to Eliminate Common Time Wasters

Did you know that 80 percent of results are actually achieved from about 20 percent of the work? This is known as the 80/20 rule, and understanding this basic principle is essential to creating time management strategies that work. Time management strategies are all about .managing procrastination

Everyone procrastinates sometimes, and eliminating common time wasters is the first step toward productivity solutions that actually work. Email is actually one of the most common time wasters. It does save time from having to make a bunch of phone calls, but the problem is that it’s too easy to get lost in a mass of email, reading the same ones over and over again without responding to them or taking care of the issues they present. If email is one of your time wasters, one of the best productivity solutions you will find is to set specific times to check your email. Keep the email closed the rest of the time, and don’t forget to set up an auto-response on your email system so people know what times you check your email. If it’s an emergency, then they should call you instead of emailing.

Another common time waster is waiting for the mood to strike. Productivity solutions for this one are as simple as diving into a task, even if you don’t feel like it. Often you will find that as the task progresses, you’re able to pick right up and get into it as if you never had a problem at all.

Productivity Measures: Creating an Action Plan

Another important aspect of time management strategies is prioritization. The method of productivity measures you take depends entirely on what kind of organization you need to see each item’s priority.

One of the best productivity measures you can take is to create an action plan. This action plan doesn’t have to be anything fancy. It should be a list of everything you need to do, categorized by priority. If you’re having trouble prioritizing, try writing each item down on a separate scrap of paper.

Then divide the scraps into piles according to category: things that must be done now before dire consequences occur, those that are urgent but can wait a few hours or one day, and those that you can focus on much later. You may also be able to organize your productivity measures by things you can delegate and those you must do yourself. Another way to create your productivity measures is to make your to-do list by due date.

A Better Workflow Model

Sometimes procrastination is more about the feeling of being overwhelmed than it is about purposely trying to avoid certain tasks. One of the easiest time management strategies you can do to cut back on that feeling of being overwhelmed is to set up a workflow model. Creating a workflow model basically involves creating a series of action steps to get things done. Breaking a task into a series of action steps makes it seem much more doable, and sometimes a clearer workflow model is all you need to break the ties of procrastination.

Streamline Business Processes

Sometimes time management strategies require finding ways to streamline business processes. One simple change to streamline business practices can mean that a new world of time management strategies is discovered. The best way to streamline business practices is to focus on simplification. The simpler a process is, the more efficiently it can be done. Time management strategies and methods to streamline business practices should never be complicated.

Christina G. Martin, Owner of Virtual Project Management Solution, offers small business owners real-world solutions to increase their profitability and productivity on http://www.yourvirtualpm.com. Subscribe to their mailing list and receive a FREE Special Report that all business owners MUST read: “Don’t Put Your Business in Jeopardy: The Top 6 Must-Haves for New Business Owners”.

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