Supershuttle case study
‘Illustrate some effective time management techniques and critically analyze the relationship between effective time management and the performance of individuals and businesses.’
EFFECTIVE TIME MANAGEMENT
Introduction
Management is like investment: its goals are to get the most out of resources and get the best return (Adebisi, 2012). Unlike raw material, labor or fund, time is a scarce resource which cannot be created, stored or saved but should be used deliberately and productively (Saifullah & Kleiner, 1988). Effective time management is one of the most important factors to success of any business since time is the only productive component fairly distributed among organizations and the organization has to devote all available resources at hand including time to achieve its specific objectives (Alsarayreh & etc., 2012). On the contrast, it would be a lost if the company does not invest time to achieve its objectives, like capital that if it has not been invested it is a lost.
On the foregoing, this essay illustrates three effective time management techniques in the first section. The relationship between effective time management and the performance of individuals and enterprises is discussed in the second section.
Techniques for Managing Time
1. Have a Mission and Set Objectives
A mission is something to which people are passionately committed and gives a focus point and a direction to people’s lives. Rather than wasting all day watching TV, texting or surfing the Internet, people who are eager to achieve outstanding results in their careers need to understand what are their most important tasks and concentrate on a mission, which allows them cope efficiently with the unexpected and the unimportant. Objectives, which could also be called goals, are more specific missions to move people towards their missions. For instance, one student wants to enrich his life and stop spending precious time only in trifles that he gives himself a
EFFECTIVE TIME MANAGEMENT
Introduction
Management is like investment: its goals are to get the most out of resources and get the best return (Adebisi, 2012). Unlike raw material, labor or fund, time is a scarce resource which cannot be created, stored or saved but should be used deliberately and productively (Saifullah & Kleiner, 1988). Effective time management is one of the most important factors to success of any business since time is the only productive component fairly distributed among organizations and the organization has to devote all available resources at hand including time to achieve its specific objectives (Alsarayreh & etc., 2012). On the contrast, it would be a lost if the company does not invest time to achieve its objectives, like capital that if it has not been invested it is a lost.
On the foregoing, this essay illustrates three effective time management techniques in the first section. The relationship between effective time management and the performance of individuals and enterprises is discussed in the second section.
Techniques for Managing Time
1. Have a Mission and Set Objectives
A mission is something to which people are passionately committed and gives a focus point and a direction to people’s lives. Rather than wasting all day watching TV, texting or surfing the Internet, people who are eager to achieve outstanding results in their careers need to understand what are their most important tasks and concentrate on a mission, which allows them cope efficiently with the unexpected and the unimportant. Objectives, which could also be called goals, are more specific missions to move people towards their missions. For instance, one student wants to enrich his life and stop spending precious time only in trifles that he gives himself a
References: Adebisi, J. F. (2012). Time management practices and its effect on business performance. Canadian Social Science, 9(1): 165-168 Saifullah, Ed. & Kleiner H. B. (1988) Effective time management. Management Decision, 26(5):60-64 Alsarayreh, M. N., Rumman, M. A. R. A., Al-Nsour, M, M. & Hayajneh, O. (2012) Time management in travel and tourism companies in Jordan. Journal of Management Research, 4(1):E8 Scott, W. (2002). Effective time management. Available at http://www.tonyrobbins.com/products/time. Accessed 9 September, 2013. Clayton, M. (2011). Brilliant time management: what the most productive know, do and say. London: Pearson Education. Ojo, L. B. (2008). Effective time management in organizational panacea or placebo. Avalable at http://www.eurojournals.com/ejsr.htm. Accessed 5 September, 2013.