In today’s fast-changing and fiercely competitive world of business, there isn’t one single successful company president, CEO, or senior business manager that isn’t faced with having to continually sharpen their time-management and priority-setting practices. The most effective business managers must find new ways to excel; a core factor of leadership coaching by professional executive coach Mustang Positive Professional Development in Toronto.
The demands placed on senior business leaders can be intense. The ever-increasing strains of business can make a 24-hour day and seven-day week seem inadequate. Although all senior business managers have methods for prioritizing and managing, the following “best time-management practices” will help augment those practices:
Create a successful mindset in regards to time: How and what you think has a direct impact on your business practices. Certain emotions, though having their place, can be contrary to time-management effectiveness. In the full suite of thoughts and feelings, fear, doubt, anger, and negativity are examples of emotions that are contrary to positive forward momentum. Watch out for those negative, doubtful emotions. Focus on cultivating a positive “can-do” mindset that thrives on positive energy and accomplishments.
Consider an Executive Assistant: A true executive assistant can be a key part of your ability to achieve your goals and get through your days effectively. Related to a successful mindset, the mindset that lets you hire an EA is a positive mindset that values your time as it should be valued. Many Executives in small or medium organizations, or Not for Profit organizations, make the mistake of thinking it’s thrifty and a wise use of organizational money to take on the small things themselves. But how much more valuable is your time spent on strategy and execution of important goals?
Plan and measure your day in increments of time: As the day moves forward and time slips through the hourglass, make sure you’re measuring progress in relation to time. This is about making every minute count. Pay attention to obstacles that thwart progress. Address what needs to be addressed to keep things moving. Numerous factors (including human factors) can sidetrack momentum, and it’s important to address those issues in order to keep the train on track. This should all be done as it relates to time; think in terms of time increments to measure the effectiveness of your day.
Establish a system for daily triumphs: Many things can create obstacles that eat-up time; things like managing emails and other low-level concerns that don’t belong on a priority list can sabotage real accomplishments. Scrutinize how your time is being spent. Delegate! – And hire a consultant to help you streamline and prioritize if necessary. Organize your time and way of doing things for continual, daily successes.
Focus on priorities: When it comes down to what really matters in your day, single-mindedness will work to your benefit. Use all the tools at your disposal to maintain that focus. Insulate yourself when necessary. Delegate where possible. Prioritize at all times. Be as shrewd as you need to be. Don’t let your mind get crammed with processes and viewpoints that are contrary to your concentration. Focus on priorities with relentless attention.
Make sure your activities equal the value of time: This is an important winning mindset. Don’t just think about the value of your time and what that time is worth; think about the value of your organization’s time. It’ll really put things into perspective. If your business has an operating value of $5,000 or $10,000 per hour, then you as a senior business manager need to manage your time in a way that doesn’t diminish that value. Next, try putting a price on your time as it relates to your role in the organization and you’re sure to start economizing on what’s accomplished more than ever before.
There are still other, effective measures that business managers can take to maximize their time-effectiveness. The bottom line is prioritization, action, and control. Senior business leaders need to set boundaries and control their time. Shut the door when necessary to focus. Don’t allow for distractions – and don’t permit time-consuming and time-wasteful situations to draw you away from where your time is really needed.
Mustang Positive Professional Development excels at leadership coaching for senior business managers who need to improve time-management effectiveness and other business management skills. Mustang PPD offers business and career coaching workshops, leadership coaching, keynote and corporate speaking, and more. Mustang Positive Professional Development is located in the Greater Toronto Area and welcomes all inquiries.