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An executive can identify wasted time by monitoring their time spent on particular tasks and projects. This allows them to see where their time is going. They should pay most attention to day-to-day activities due to their frequency. They should also control their time by asking what activities are necessary and which tasks are inefficient. This process, if done objectively, can help find chunks of time that are wasted and result in revamping activities or eliminating them altogether.
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Time is the resource that must be managed effectively to be able to build the other habits — Most executives are self-directed. How they use their time is largely up to them and requires a constant awareness of how time is spent. Executives spend a lot of time on planning, reports, meetings, and human resources. The larger the organization, the more time spent in those areas. The best way to get a handle on managing time is by focusing on three key points. Time-monitoring — By recording the amount of time spent on particular tasks and projects, it becomes easy to see where all that time is going. Day-to-day activities should receive the most attention because of their frequency. Control time — When executives begin to ask what activities are necessary, what tasks are inefficient, and similar questions, they begin to find chunks of time that are wasted. If done objectively, this process will result in revamping activities or eliminating them altogether. Consolidate time — Effective exec...
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For executives, the job is not simply to ensure that “things get done;” it’s to ensure the right things get done, at the right time, and in the right...
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