Time Management & Efficiency

Topics: Management, Time management, Planning Pages: 8 (2006 words) Published: December 22, 2012


In Partial Fulfilment of the requirements of the OB-I Course

Submitted by
Group No.12
VARUN BARLA (121357)

August 16th, 2012


Sr No.| Topic| Page No.|
1.| Introduction| 1|
2.| Research Problem| 2|
3.| Objectives of the Research| 3|
4.| Literature Review| 4|
5.| Research Methodology| 5|
6.| Data Analysis & Interpretations| 6|
7.| Conclusion| 12|
8.| Limitations & Suggestions| 13|
9.| References| 14|


Sr No.| Title| Page No.|
1.| Time Management in number| 6|
2.| Time Management in percentage| 6|
3.| Efficiency in number| 7|
4.| Efficiency in percentage| 7|
5.| Categories in number| 8|
6.| Categories in percentage| 8|
7.| Time Management vs Efficiency| 9|
8.| Time Management vs Inefficiency| 10|
9.| No Time Management vs Efficiency| 11|

Time is a unique commodity that is given equally to everyone regardless of age. Time always moves at a predetermined and constant rate, but no one ever seems to have enough time. Time management provides the reader with fascinating insights into human traits and habits. It is generally perceived as being synonymous with neatness, organization and a very structured daily routine. These factors are all elements of greater efficiency. However, time management is more complex than that. It is a frame of mind. It is an attitude of personal commitment and, more importantly, a dramatic reordering of priorities and work habit. Managing your personal and working time is one of the most challenging tasks of today's professionals. Life these days is so intense and complicated, business is so competitive, and a stream of information overwhelms us. Time Management can't be selective. This is either a way of life or a constant fight with emergency situations.

Most time management ideas are common sense but not common practice. It is said that improved time management does increase productivity, overall performance and efficiency. It can also improve morale, as employees become more effective and more satisfied with the use of their time. Time management does not provide solutions to management problems. It does however, provide the time in which the manger can find those solution, plan for the future, and assess overall progress.

The time management concept demands a fundamental change in the way business is handled right now, hence resulting in rewards, present for the efforts and desire. The survey carried out tries to find if time management really does affect efficiency or not.

Time management according to Wikipedia is “the act or process of planning and exercising conscious control over the amount of time spent on specific activities, especially to increase effectiveness, efficiency or productivity.” Time management may be aided by a range of skills, tools, and techniques used to manage time when accomplishing specific tasks, projects and goals complying with a due date. This set encompasses a wide scope of activities, and these include planning, allocating, setting goals, delegation, analysis of time spent, monitoring, organizing, scheduling, and prioritizing. Efficiency in general describes the extent to which time or effort is well used for the intended task or purpose. It is assumed that proper time management will lead to greater efficiency. But does it really? We wish to look at the various aspects of the relation between time management and efficiency by taking Managers as our sample of study.

We are using survey methodology which is the field that studies the sampling of individuals from a population with a view towards making...
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