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Time Management Resource

April 10, 2008 by admin

Time Management by the Hour

A new manifesto has just been published on time management over at the Change This site.

In essence it recommends forgetting about tips, tricks and gizmos – instead building a really solid understanding of the 7 fundamental practices of time management;

  1. Capturing – making sure that all calls on your time are captured in a system – not in your brain
  2. Emptying – making sure that whatever you use to capture calls on your time (e-mail inboxes, in-trays, calendars etc) are regularly emptied – ie the calls on your time are put into a system
  3. Tossing – getting rid of as much of the demands on your time as possible – being rigorous – but not ruthless in managing your time commitments – saying no!
  4. Storing – putting useful information in a place where you can safely retrieve it as needed – this does not mean relying on your memory (‘tickler’ files work well here!)
  5. Acting Now! – doing whatever you can right now – especially if it will only take a few minutes – avoid procrastination. (Get a supply of those little sticky dots of paper and force yourself to put one on each piece of paper you have ‘in the system’ every time you pick it up – you will be amazed at how many get several dots – before you do ANYTHING with them!)
  6. Scheduling – anything that you can’t do right now must have time scheduled for it – effective scheduling – knowing how long things should take and what contingencies might be appropriate is a fine art – well worth mastering
  7. Listing – for jobs that need doing – but don’t merit a fixed appointment in the diary then use lists.  Have a list for things to do when you are:
  • in the office
  • at home
  • in the car thing (listening to audio books for example),
  • in town
  • at a clients etc

Picking up the right list at the right time can really help your efficiency.
This manifesto looks like it has been massively influence by Dave Allen’s work on Getting Things Done and will act as a useful reminder to anyone who has been on the PMN Time Management programme.
You can read the full manifesto here.

Filed Under: Leadership, management Tagged With: change, Leadership, learning, management, performance improvement, performance management, time management

Alien versus Predator 2; Profit taking versus social enterprise

April 7, 2008 by admin

“For a profit maximising company, the bottom line is how much money you make. But when you run a social business, it’s about impact.”

Mohammed Younis

For a publicly listed company there is a legal obligation on the Board of Directors to act in a way that will maximise the return on investment to shareholders i.e. profit.

For any shareholders who seek a long term return on their investment – rather than quarterly profit taking – then ‘impact’ (net ‘good done’ in the community as the result of the company’s actions) will be more or less synonymous with profit.  In a perfect world, companies that do bad things in the name of profit will only derive those profits in the short term.

Every company I have ever worked in (I have not worked in any PLCs but have worked in profit and non-profit distributing businesses) there has been a real concern both for social impact and for making a sound return on investment.

The sense of dynamic balance has been vital.  It is not profit making OR social impact but profit taking AND social impact that leads to sustained progress.

We can shun the tyranny of “OR” and embrace the genius of “AND” – there is a yin/yang dynamic; a Zen type ambiguity that can be used creatively.

In my experience it was the companies that traded profitably and used those profits transparently and accountably to ensure the sustainable development of the company and is employees that were able to do their best work in the long term.  In the ‘non profits’ too often the development of the business was entirely hi-jacked by the whims of funders and policy makers.

It is possible to find profitable ways to make the world a better place.

Filed Under: Leadership, management Tagged With: change, enterprise, entrepreneurship, environment, Leadership, learning, management, partnership, passion, performance improvement, performance management, progressive, social enterprise, third sector

People are our Most Important Asset…

April 4, 2008 by admin

That is the ‘espoused’ theory in just about every business I have EVER worked in or consulted for. It says it on the web site and in the annual report so it must be true.

But the theory in practice is usually a very different one.

  • People are a controllable cost
  • People are interchangeable parts – just fulfilling job descriptions
  • ‘Good people’ require little or no management time (“You want me to spend 30 minutes a week looking after our most important asset? Don’t you know I’ve got problems to sort out…Any way they know what they are doing and wnat me getting in the way…”)
  • ‘Mediocre people’ require little or no management time (“They do a decent job – as long as I don’t expect them to take initiative, make things better or use their common sense”).
  • ‘Bad people’ eat up hours of management time (“I have to be on their backs all the time – the problem is that you can’t sack anyone in this organisation…”)

This theory in action is a little bit like the moonwalking bear. Unless you look for it you won’t know its there.

Sorting out these problems requires a bit of structure, some commitment and a fair bit of courage.

Filed Under: Leadership, management, Uncategorized Tagged With: enterprise, entrepreneurship, Leadership, learning, management, performance improvement, performance management, Uncategorized

In Praise of Praise – Wally Bock

April 1, 2008 by admin

 Power of Praise

Wally Bock has written a great post on the power of praise in management.  It includes sections on:

  • What we know about praise
  • What we know about how to give good praise, and
  • Why don’t managers praise more?

If you find giving affirming feedback difficult – or just want to get better at it then have a look at his post.

Filed Under: Leadership, management Tagged With: change, communication, feedback, Leadership, learning, management, performance improvement, performance management

More Returns on Investment from 121s

March 28, 2008 by admin

Tom Peters encourages managers to obsess on R.O.I.R – the Return on Investment in Relationships.

ROIR through 121s comes in many forms:

  1. increased staff retention
  2. improved productivity
  3. recognition and acknowledgement of progress
  4. appreciation of those who are performing well
  5. identification of under performance and early resolution
  6. promotion of behaviours that reinforce strategic goals and values
  7. increased tempo of coaching to develop potential and performance
  8. deeper professional relationships
  9. increased trust
  10. increased influence
  11. increased responsiveness
  12. better support of team members in their work
  13. conduit for ideas from the front line to be heard and acted upon
  14. management support for every member of the team – every week
  15. improved communication and focus on what matters
  16. progress made and recognised on a weekly basis
  17. increased sense of urgency in the team
  18. encourage individuals to think through their contribution to team or organisational objectives
  19. increased initiative and enterprise
  20. planning remains flexible and dynamic
  21. documentation makes performance reviews simpler and less contentious
  22. barriers to high performance are removed
  23. factors contributing to poor performance are identified and resolved
  24. formal opportunities for delegation
  25. feedback – both given and received
  26. increased employee engagement
  27. improved knowledge management and knowledge sharing
  28. better talent management and development
  29. increased creativity
  30. more responsibility taken voluntarily by more people
  31. reduced absenteeism
  32. more diversity as 121s recognise that ‘one size fits one’

Filed Under: Leadership, management Tagged With: 121s, change, coaching, communication, decision making, delegation, diversity, enterprise, feedback, Leadership, learning, management, one to ones, passion, performance improvement, performance management, practical, progressive

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