Time Management: Personal Satisfaction And A Sense Of Purpose In Life

Time Management: Personal Satisfaction And A Sense Of Purpose In Life

Time Management 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 is the discipline of controlling your life through your use of the 168 hours that are available to you weekly. In mastering time management, you’ll be able to balance the demands on your time and achieve your goals. This will then help you to avoid stress and increase your level of productivity. As it relates to managing your time effectively from a personal perspective there are two questions that could be considered.

The first one is: Where am I now? For this question, consideration has to be made about how one balances work and home, and also their level of self-organization. In order to understand how to balance the duties of the household and that of work or school, one would have to analyze how they delegate the time between the two. For example, scheduling a time to complete household chores in addition to completing them in a time-efficient manner. This means if you have to wash the dishes, sweep out the house and prepare a meal, you’d have to first wash the dishes, then start pre-prepping the meal, sweep out the house, and then finish preparing the meal. This would make executing the task more organized and hence more efficient. Self-organization is the ability to work in an orderly and systematic manner while being efficient and industrious. Good self-organizational skills help us to cope with the world around us and are crucial if we want to achieve personal goals as well as perform well in our job. Good self-organization requires the ability to prioritize, plan, manage time and work to meet deadlines. This can be illustrated in cases where one has to choose between attending a social event and completing an urgent assignment. They can choose to complete the assignment first, then go to the event, or choose between doing the assignment only or only attending the social event. In some cases, one task would have to suffer for the other despite the fact that both can be done. However, prioritization would have to be at the forefront of making those decisions, which essentially is getting the most important task accomplished.

The second question is: Where do I want to be in life? For this question, thoughts have to be put in process of where does one wants to be in life and then followed by setting it as a goal. An example of a question one would ask their-self is: What social class do I want to be in at the age of 40? They could either be in one of the five: Upper, Upper-middle, Middle, Working, or Lower Class. Say the person decides that they want to be in the Upper Social Class when they are at the age of 40, they would then have to analyze that goal using the S.M.A.R.T method. What is the meaning of S.M.A.R.T? The S.M.A.R.T method involves picking a Specific, Measurable, Attainable, Relevant, and Timely goal. For example, the person realizes that the goal of being in the Upper Social Class by the age of 40 is Specific, Measurable, and Relevant but isn’t Attainable nor Timely due to uncontrollable circumstances, they would then have to set a more Attainable and Timely goal like, ‘Being in the Middle Class by the age of 40’. Setting that goal now would provide direction and a destination, allow for a clearer focus on what is important, give clarity in Decision Making, allow for more control of their future, provide Motivation, give a sense of personal satisfaction and also give a sense of purpose in life.

Control And Decision Making

Control And Decision Making

Going straight with the processes of production won’t give any value without proper control over these. Taking control over the measures for an impeccable and dependable financial statement, they have to think about the efficient control. With the increasing competitive market it is getting importance to take the key control of the processes. Businesses have to control their operation because of;

  • Running of the business processes easily.
  • Meeting the demand created by customers.
  • Making the delivery processes in time.
  • Undertaking quality services.
  • Continuously observing on the inventories.

Acquiring organizational goals and objectives is impossible provided that controlling processes are not executed properly. Responsibilities on the way of monitoring and controlling processes are relied on the shoulders of top management. Documentation and approval of the documents should be scrutinized by them. All the functional plans must be included in the documentation process. With the help of actual information, the companies can determine a detailed plan. Finance has to plan with the budget and report the effective procedure to execute its blueprint. Marketing has to report the sale volume and departmental gaining of efficiency level. Control on hiring and training processes will provide the company with skillful workforce.

Taking a vital decision of key functions is getting difficult because of external and internal factors. For determining the paths or solving problems, managers rely on the conducted research. Moreover, they have conducted many tactics to making an overall decision. Power of managers’ decision making can lead to the projected success. Giant business similar to Nokia failed to execute a perfect plan. Lack of modernization and advancing with the trends makes them passing difficult hours these days. Statistics and mapping of future and current situation of the market could help Nokia to sustain its leadership.

Determining decision and acquiring greater control over the processes, managers endeavor a controlling system with stages. Assessment of the current condition of an organization is the first determining issue regarding to control. Finding the drawbacks and options of development are also done in the first step. Comparing with the businesses having effective control is the second step of the loop. The performance with current controlling process is scrutinized by making an overall exploration. Thirdly, a new model is developed for making an efficient control over the processes.