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4349 The World without Bankruptcy Laws

Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]

4348 The Wirecard and Infosys Scandals are a Lesson on How NOT to Treat Whistleblowers

What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]

4347 Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks

How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]

4346 Why Indian Firms Must Strive for Strategic Autonomy in Their Geoeconomic Strategies

Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]

4345 Why Government Should Not Invest Public Money in Sports Stadiums Used by Professional Franchises

In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]

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Time Management helps individuals assign correct time slots to activities as per their importance.

The right allocation of time to the right task in order to make the best possible use of time refers to time management.

Time is limited and one can’t afford to waste it. Time once lost never comes back, no matter how much efforts you put in.

An individual who wastes time at workplace is liked by none and finds it difficult to achieve targets within the stipulated time frame. His/Her work is never finished on time and is often criticized by fellow workers and superiors.

Let us go through some Time Management Tips for Professionals:

  • Reach office on time. Avoid taking frequent leaves from work. It is important to be punctual for effective time management. Do not roam here and there.

  • The first thing an employee should do in the morning is to prepare a Task Plan. Write down what all needs to be done in a single day against the time slots you wish to assign to particular tasks as per their importance. Urgent assignments must be completed first followed by low priority tasks. Once the task is complete, tick it off. You will feel relieved.

  • Do assign some time for your personal calls, catching up with old friends on Facebook, writing updates on Twitter or even booking movie tickets for weekends.

  • Manage yourself well. Keep your workstation clean and organized. The files and important documents must be kept at their proper places. Avoid keeping stacks of files and heaps of paper at the desk. Throw whatever you don’t need. Never write on loose papers as you would definitely loose them after some time. Keep all your personal belongings at one place.

  • Do not clutter your desktop. Create separate folders to organize your documents. Delete whatever files and folders you don’t need. Manage your emails well.

  • Use a planner or organizer to plan your day well. A table top calendar never lets you forget important dates and meetings.

  • Leave a little early for meetings outside office. Do keep margin of time for traffic jams, diversions or other unavoidable conditions on road.

  • Set priorities for yourself. Do not accept any task which you yourself know is difficult for you to accomplish within the allotted time period. A firm “NO“ in the beginning will save your reputation later.

  • Be clear about your goals and objectives. The KRAs of an employee must be communicated to him clearly. Know your targets. If you feel your targets are unrealistic, speak to your reporting Boss immediately. Plan things well. Planning helps you complete tasks on time.

  • Avoid gossiping or loitering around at the workplace. Your office does not pay you for playing games on computer during office hours. Do not work only for salary and to please your Boss. Work for yourself. The dedication should come from within.

  • Avoid long personal calls during office hours. Remember if you finish your work on time, you will have enough time for your friends and family after office hours. A balance between personal and professional life is essential to be successful in the long run.

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