September 18, 2002

Time Management Skills

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This chapter discusses personal time management skills. These are essential skills for effective people.

People who use these techniques routinely are the highest achievers in all walks of life, from business to sport to public service. If you use these skills well, then you will be able to function effectively, even under intense pressure. They help you to get the most out of the limited time you have.

At the heart of time management is an important shift in focus:


Concentrate on results, not on being busy

Many people spend their days in a frenzy of activity, but achieve very little because they are not concentrating on the right things.

The 80:20 Rule

This is neatly summed up in the Pareto Principle, or the "80:20 Rule". This argues that typically 80% of unfocussed effort generates only 20% of results. The remaining 80% of results are achieved with only 20% of the effort. While the ratio is not always 80:20, this broad pattern of a small proportion of activity generating non-scalar returns recurs so frequently as to be the norm in many areas.

By applying the skills in this chapter you can optimize your effort to ensure that you concentrate as much of your time and energy as possible on the high payoff tasks. This ensures that you achieve the greatest benefit possible with the limited amount of time available to you.


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