Monday, 1 December 2014

Time management

Before my lesson with Esther, I had almost no time keeping skills. I would always leave my assignments to the last night and never be prepared for anything.
Esther showed us the Quadrant approach. This is an extremely helpful tool, which helps you to plan which tasks are more important and urgent.
Since learning about this approach, I have made my own paper version and stuck it up on my wall in my bedroom. Each day I look at my wall and see which tasks I need to do and move around the sticky notes. This helps me keep my time better as it means that I can use my time effectively and it reminds me to do all of my tasks.












Another theory that I use is the Pickle Jar Theory.



I liked this. I cannot really use it in my life, other than to make me think about what things are more important and what I need to put first in my life. I know that this is my family and close friends, they need to come first.




We also learned about the Pareto Principle, which is also known as the 80/20 rule. This was thought of in 1906 by Italian economist Valfredo Pareto. It is basically a mathematical formula for the balance  of the world's money. It can be interpreted into time-management though.

Management.about.com explains it as... 
"The 80/20 Rule means that in anything a few (20 percent) are vital and many(80 percent) are trivial. In Pareto's case it meant 20 percent of the people owned 80 percent of the wealth. In Juran's initial work he identified 20 percent of the defects causing 80 percent of the problems. Project Managers know that 20 percent of the work (the first 10 percent and the last 10 percent) consume 80 percent of your time and resources. You can apply the 80/20 Rule to almost anything, from the science of management to the physical world. You know 20 percent of your stock takes up 80 percent of your warehouse space and that 80 percent of your stock comes from 20 percent of your suppliers. Also 80 percent of your sales will come from 20 percent of your sales staff. 20 percent of your staff will cause 80 percent of your problems, but another 20 percent of your staff will provide 80 percent of your production. It works both ways." 
This makes me realise that you need to make sure that you put the 20 percent first as this is the most important in your life. 



Remember
If you always do what have always done, you will get what you have always got!! 




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