Showing posts with label Improve. Show all posts
Showing posts with label Improve. Show all posts

Time management at work is critical to your long-term career success. Time management and work performance go hand in hand because time is certainly a finite resource that we can't buy more of, as much as many of us would like to.

Some careers are simply known for being high-stress and requiring employees to work long hours. Time management at work is something we can all improve upon and one of the easiest ways to make better use of your time is to eliminate classic time wasters.

\"time Management\"

Here are some time management tips you can utilize at work:

1. Stop organizing or attending meetings that serve no real purpose.

If you have to attend the meeting, keep it on topic and ask the person calling the meeting to put a time limit on it that everyone knows about and stick to it. The worst thing is when you attend a meeting that serves no purpose that goes long.

2. Stop wasting time surfing the Internet.

How did people waste time before computers? The Internet is a great resource but it can also be a great time waster. Use the Internet for relevant work-related purposes only.

3. Stop other people from wasting your time.

If you are a nice person and people take advantage of it by dropping work on your desk that you shouldn't be doing, you are going to have to learn how to say no from time to time. If people always pop into your office to talk, shut your office door. If they don't get the hint, tell them you are busy and politely ask them to leave. Same thing with phone calls: keep them short and to the point whether you are making the call or receiving it.

4. Organize your phone calls and emails and how you respond to them.

One way to get work done is to (where possible) only answer your phone and emails at specified times rather than simply answering the phone every time it rings and responding to an email whenever one arrives. Instead, respond to phone and email messages at one time once you have completed your current tasks rather than handling them each time they occur.

5. Learn to tell the difference between necessary and unnecessary work.

Understand what work needs to be done and what can be eliminated or delegated to someone else where applicable. Look for ways to improve the way you complete work and try to automate or streamline work that you need to do regularly.

Time Management At Work: Improve Your Work Performance

Carl Mueller is an Internet entrepreneur and professional recruiter who wants to help you find your dream career.

Visit Carl's website to separate yourself from other job searchers: http://www.find-your-dream-career.com

Sign up for The Effective Career Planner, Carl’s free 5-day course: http://www.find-your-dream-career.com/effective-career-planner.html

Ezine editors/Webmasters: Please feel free to reprint this article in its entirety in your ezine or on your website. Please don’t change any of the content and please ensure that you include the above bio that shows my website URL. If you would like me to address any specific career topics in future articles, please let me know.

Tags : Motivational Techniques

Managing Performance is the procedure of assessment of progress, of an establishment, towards a sought-after goal. It is the measure, analysis and optimization of resources to render a service to a level that has been agreed upon. It concentrates on the delivery of service.

The initial idea behind performance management is a procedure over which the management merges the individuals, schemes and strategies, to maximise both potency and efficiency to be able to present the preferred outcomes. Plainly put, the statement entails, doing the precise things and doing the things right. That is, an up-and-coming organization should admit one system that integrates leadership, and the other that insists on accomplishing excellent.

How To Time Management

An competent performance management in an establishment can achieve leadership skills that can be elevated alongside mental attitudes, interpersonal skills and behaviors. This is a important aspect of managing performance as it helps in keeping back and holding individuals who embody the basic human capital of the organizations. as they are the ones responsible for the implementation of the primary plans of the business.

It is exceedingly essential for a commercial enterprise to have a strong, performance management. It should be able to engage the systems, individuals and schemes actively, for the successful execution. This should further result in an growth in the gross revenue and a better profitability that would credibly not be reachable, if the procedure was not carried through.

With an active performance management, business concerns will prosper like never before. It is an highly essential process of business management, that is employed by directors of people, as an efficient tool, that is utilised by them to reach the objectives of the establishment.

Performance Management should be able to fulfill the next business concerns objectives: The missing link between Ambitions and results: Now, commercial organizations are progressively aware that it is normally not their strategy but the integrated endeavour and abilities of their employees to accomplish the scheme that makes all the difference to their expanding business. Thus, it becomes the duty of top level managers to fill in the gap between the missing links of aspirations and results, by motivating their employees, over management of their performance.

To grow the potential of an organisation, in order to accomplish its scheme, it is important that the establishment develops and makes the capabilities of its employees. Impressive individuals management is the only key to better the businesses functioning.

The most important purpose of Performance Management is to increase the potency of the employees. This should be done, in order to improve the performance of the commercial enterprise.

Managing Performance is connected with paperwork, challenging conversations and bureaucracy, and is therefore ofttimes put away as a chore no one wants to do. Even So, Performance Management is a operation that involves individuals and managers, that use the operation on a frequent basis, to increase their effectiveness towards the employer's establishment.

How to Improve Management Performance


P Abbey owns and runs http://www.managementperformanceadvice.com/benchmarkingperformance.html

Benchmarking Performance

Thanks To : Management Concept Style

Are you having trouble getting your team to meet company goals? Is your team lacking energy, creativity and motivation? Are you stressed, overwhelmed and feeling the need to work long hours just to hold your department together? It doesn't need to be that way you can take control of the situation. You can get your team working effectively towards a common goal and you can gain back your personal time. Work is important and you want to exceed company expectations but having control of your time to pursue personal interests is just as important. You want to be there to see the kids grow up and have time for that significant other (Yes honey I meant you and not golfing)... but you also want to have time to shave a few strokes off that handicap as well. Whatever your interests are you need to find balance. Work on implementing these 10 steps and you will improve your teams performance and gain back your personal time.

1) Improve the Atmosphere

How To Time Management

As a leader you alone have an enormous impact on the morale of the team. You set the example for your team. Not just by what you say and do but also by what you allow. Make it clear to all team members that at the work place everyone needs to be treated with dignity and respect with no exceptions. You need to be aware of how team members communicate with one another. Often their tone and body language say more than the words spoken. It is common to have 3 or 4 team members creating a negative atmosphere for the entire group. They also tend to be the same team members involved in the majority of conflicts. Don't allow it to happen. Often these team members are unaware of their impact and a quick discussion will resolve the issue. If not it becomes a performance issue.

Join your team in the lunch room whenever possible. It opens the lines of communication when the team members get to know you better and see your personal side. Your title as manager alone is enough to scare some of your team. Spending time with them will help to put them at ease and to feel more comfortable bringing work related problems to you.

Give praise and positive feedback often. Make it a part of every day to recognize the things that your team is doing right and be specific with your praise. As a management person it is easy to get caught up in what needs fixing but if we only talk about problems it is not a very energizing environment.

Morale issues and team member conflicts are unproductive and can waste a lot of your time. As a leader you have direct control of the morale. Take responsibility and make it a priority.

2) Open Communication

Improving communication with your team is key to getting your time back. Always have an open door policy. Ensure that your team knows that they can come and talk to you when they have concerns. Act on those concerns quickly and get back to the team member with the action you have taken. When you do this you will create an atmosphere where the team members feel valued and as it ripples through your team you will find that you are more likely to be aware of the small problems and can take action before they become big problems. You will also see you team start to bring to your attention suggestions and ideas on how they can improve the work place.

Despite your efforts to create an atmosphere where anyone can come and talk to you there will always be some team members who just don't feel comfortable talking to the boss. These team members can still be a great source of ideas or may bring up concerns that you are unaware of. Set up a system to solicit information from your team in an anonymous way. A simple way to do this is through an exercise called a 5-15. Give the team 15 minutes to write the 5 things they like about the company or job and 5 things that they feel need improvement. They do not need to put their names on the lists. This can be done in a group but do not let them discuss their individual responses so that you are getting everyone's input and not just the few that may be more vocal. In just 15 minutes you can get great suggestions to improve the workplace and again find out about those small problems in time to fix them before they are big ones. Summarize your list of needs improvement areas and develop a plan to get them corrected. Hold a meeting with you team to let them know what actions you will be taking as a result of the 5-15 exercise.

If team members feel they cannot bring concerns to management because they won't be dealt with you will have morale issues. When a team member can't bring concerns to management they will discuss it among other members of the team. This creates a negative atmosphere and turnover. If you want to save yourself some time improve the communication.

3) Who Works for Whom?

Often management is frustrated because they see their team as not listening or following direction. Team members appear as if they are not putting much effort into their job and they keep doing tasks incorrectly. Frustrated managers say "this group just doesn't listen or seem to care." Chances are there is a reason your team is not performing at a high level. Your team cannot work for you until you work for them. How do I work for them I thought they were supposed to work for me? As a manager you need to stress the importance of proper training. You need to build that solid foundation for new hires or they will never meet your expectations. As a leader it is your job to give them every chance to succeed.

Put systems in place to ensure training is completed properly and in a timely manner. Often we get caught up in putting out the days fires but you need to follow up on new hires progress. Consider having a "Buddy system" and pair a new hire up with a team member who has a positive attitude and performs at a high level.

Set out clear expectations early. It is a lot easier to train properly from the start than it is to turn around poor performance. Whether you are directly responsible for the training or not make sure you check in regularly.

When you bring a new team member into a positive atmosphere, give them clear expectations and train them correctly you will reduce turnover and improve productivity. The added time put in to get the team member off to a good start will save you time in the long run. More time means more golf and that's a good thing.

4) Attitude is Everything!

We all know as a manager we need to lead by example and come to work with a positive attitude everyday. What we fail to do is expect that same positive attitude from everyone on our team. Whether it is a management person or an hourly team member the expectation is the same. This is part of creating a great working environment. We've all experienced that team member who complains about everything and will never be happy. They are a drain on the morale and usually a source of conflict. You might think that "He does a good job otherwise. That's just who he is." But that's not fair to the rest of your team. They deserve to be in a positive environment. You need to let any negative team members know how they are impacting the team and what your expectation is. You may also need to deal with this as a performance issue. It is easy to look at the results of their work and say they are a great employee but if they can't interact with your team in a positive manner you will be continually resolving conflicts.

When interviewing one of your main goals should be to try to identify whether this person has a positive attitude as well as the skills required. This can be hard as most applicants get prepared for an interview and are on their best behaviour but don't accept general answers when interviewing. Probe as much as possible and get the applicant to be specific.

Because applicants rehearse interview situations you may want to add a few interview questions to your phone screening. The applicants are not as prepared to answer your questions and you may get a more truthful response. Always check work references for applicants. The past often predicts the future.

Remember having a positive attitude is a requirement for all members of your team. You will have a fun and energized team and a lot more time for yourself.

5) Who Knows More?

Often as managers we think we need to be the source of all the ideas. The truth is we just need to get the best ideas implemented and if you are not listening to your team member's suggestions and ideas you not using the best. You probably have people that work in a specific area of the business everyday. They are the experts of that part of the business. This goes back to the open communication. You need to encourage your team to continually think about how they can improve their part of the business and to share that with the management team. When you start to act on just a few of their suggestions you will see the momentum build.

Sometimes we let our egos get in the way but if you can create a culture where the best idea wins and not just those of management your team will be more engaged. If you keep telling them what to do and don't ask for their ideas you will lose out on your greatest resources and that's the thoughts and ideas of everyone at the workplace.

Always make sure you give credit to whoever came up with the best idea. Don't try to pretend to your boss or anyone else that it was your idea. Acknowledge these people in meetings and encourage the entire group to start thinking about how to be more profitable, provide better service, be more efficient or improve the working atmosphere. You'll be pleasantly surprised with the results.

6) You Need Successors

If you want to save yourself time, help build your business for the future and impress the executives you need to have successors. What is a successor? They are the people that you and your management team identify as having potential to advance in the organization but to be successful it goes a lot further than just identifying them. As a manager one of your most important responsibilities is to be able to grow your people. You will stand out from the other managers when you are able to provide qualified people for available positions within the organization.

To be truly successful at it you must be able to give your star performers away with no adverse affects on your department. Many managers hate to give their top performers away but if you have been proactive and have someone ready to step in and fill their shoes it can be one of the most rewarding aspects of the job. The only good way to lose a team member is to a promotion and when you play even a small part in helping that person reach their goal it should bring a smile to your face.

How do I get these successors ready for the next step? If your organization hasn't already done so you need to develop a list of core skills that are required for each position such as confronting direct reports, planning, organizational skills, team building etc.

Once you have a list of core skills you need to talk with the potential successor and find out their career goals and through discussion identify the core skills that this individual needs to develop. Then you can create a development plan which shows what success looks like (ie the skill is fully developed), give them actions or different responsibilities to help them get there and have a way to clearly measure the progress. The manager then has to follow up and have regular check in times to keep them on track with their development but if they are a real successor most of their development plan will be self driven.

If you are working within a growing organization having successors is invaluable. You help the company to grow and your department doesn't miss a beat. You never get caught having to fill in for other positions because you are proactive and that saves you time. Growing successors is rewarding, great for morale, helps to build the business for the future and will get you recognized by your boss. It's a must.

7) Delegate

When you delegate effectively it frees up your time to focus on the big picture aspects of the job and be more effective. It may even allow you enough time to get an extra round of golf in each week. Many managers hang onto to many tasks because they are easy and they feel comfortable doing them, or they think they can get it done faster than someone else. You need to look at what you do on a daily basis and ask yourself is this task something I personally need to do? Does this task add value or could I benefit the organization better by focusing my attention elsewhere?

It is easy to get caught up in the day to day routine but your job as a manager is to be focused on the big picture and make your business more profitable. Sometimes delegating might take additional time in the beginning if you have to train someone but once you're through the training you may never have to complete that task again. Think of the time you'll save. Usually the person you are delegating to welcomes learning a new responsibility. Pick some of your successors to delegate to. It will also help with their development. When people stop learning and growing they look for other employment where they can grow. Delegating new responsibilities to the right people will keep them learning and free up your time.

8) Planning

Even though you have freed yourself up of some of the time consuming daily responsibilities by delegating you still find yourself running from one fire to the next to keep your department going. Now that you have some extra time you can even resolve many of these daily distractions that take you away from the big picture. You need to drill down and find the root cause of these fires that keep popping up. You'll find most of them can be avoided if you dig deep enough and develop long term solutions rather than just throwing a bit of water on it today.

When you are able to stop working on today's problems you can start working on the future. When you are looking into the future you can lead the business instead of the business pulling you in every direction. To be an effective manager you need to be aware of your future business trends, budgets, sales goals and be putting plans in place now to be prepared to meet those organizational goals. Most businesses have seasonal trends and times of the year that are far more profitable. Put plans in place to maximize these peaks in business. This is where most of your opportunity is.

When you give yourself the time to plan effectively and be working in the future you will save your self time, have less stress and maximize your business opportunities.

9) Hold Them Accountable

Holding team members accountable can be the hardest part of the job but it is absolutely necessary. Many managers allow poor performers to continue because they are uncomfortable confronting people but if you allow poor performance to go unchecked you may soon end up with an entire team of poor performers. Other members recognize when people aren't pulling their weight and maybe not all but some will say "if he doesn't have to do anything why should I?"

The key is to stay on top of individual performance issues and address them immediately. First determine that it really is a performance issue that is the team member's responsibility and not failure to train properly or lack of direction. Once you have determined that the performance issue is the team member's responsibility you need to address it. Always remember to discuss the specific performance issue and never attack the person's character. It is recommended to have another management person witness when corrective action is being given and to always take notes.

It is important to be fair and consistent with your expectations of all team members but at the same time you may need to vary your approach with corrective action to match the individual. Everyone has different personalities. Some people get very emotional at the thought of doing something wrong and others may be argumentative. Use your knowledge of your team to anticipate the various challenges you may face due to these individual personalities prior to giving the corrective action. You want to plan your conversation with the end result in mind being they understand the issue and are willing to correct it. Then develop the best approach based on that individual's personality. This is not favouritism. It is knowing your people and taking the right approach to get the desired results. All the time you still have the same expectation of performance but a varied approach may be necessary to reach that goal.

Often just a few team members will drag down the performance of the entire team and waste a lot of your time. Address performance issues immediately to save yourself time in the long run.

10) Have Fun

You want people to enjoy their work by providing a challenging job in a great atmosphere but most people spend more of their awake hours at the office than they do at home so you also need to encourage your team to have some fun. Try scheduling 1 hour a month for a fun activity for the entire team if possible. Have the management team join in. It is a great way for the team to get to know you in a more relaxed atmosphere. This doesn't have to be extra work for you. You can have a fun committee plan each event and even use a successor to plan and organize it to help in their development.

Everyone wins when you have a fun atmosphere at work. As a manager you need to be a supporter of that fun. You'll see improved productivity, reduced turnover and better morale. Usually that means less work for you in the end.

If you can implement these 10 steps into your workplace you will have less stress, better results and more personal time. You deserve to have time for your own hobbies, to watch the kids grow up or spend time with that significant other (Sorry honey this time I did mean golfing).

10 Ways to Improve Your Team's Performance and Gain Back Your Personal Time

I have always been a results-driven person; at the same time, many of my friends and colleagues have commented how "lazy" I am. Being both results-driven and somewhat lazy, I always look for the best and easiest method to reach my goals. This is why I wrote The Lazy Manager. It is a book to help you work smarter and not harder and will help you improve the communication and morale within your team.

Bruce Bell has over 15 years of management experience improving the atmosphere, culture and communication in the workplace as a way to increase morale, customer service and profit. He has consistently taken on problem stores and turned them into top performers. As a trainer and mentor of new and experienced managers Bruce has given them the tools and confidence to be effective leaders in an often very demanding field.

Bruce Bell
Author
http://www.thelazymanager.com

Thanks To : Advertising Techniques

"Cash is the lifeblood of business" is an oft-repeated maxim amongst financial managers. Working capital management refers to the management of current or short-term assets and short-term liabilities. Components of short-term assets include inventories, loans and advances, debtors, investments and cash and bank balances. Short-term liabilities include creditors, trade advances, borrowings and provisions. The major emphasis is, however, on short-term assets, since short-term liabilities arise in the context of short-term assets. It is important that companies minimize risk by prudent working capital management.

What Affects Working Capital Management:

How To Time Management

o Organizations are generally focused on cash, accounts payable and supply chain issues. On the hand, external issues like the legal and business environment, or internal mechanisms like organization structure, information systems, can significantly impact working capital.

o Owing to market pressures, companies are led to paying a lot of attention to producing good quarterly results quarter after quarter. Undue focus on this may sometimes produce a flattering but inaccurate snapshot of working capital performance. This also happens in companies that have a marked seasonality of operations with working capital requirements varying widely from quarter to quarter.

Measures to Improve Working Capital Management:

o The essence of effective working capital management is proper cash flow forecasting. This should take into account the impact of unforeseen events, market cycles, loss of a prime customer and actions by competitors. The effect of unforeseen demands of working capital should be factored in.

o It pays to have contingency plans to tide over unexpected events. While market-leaders can manage uncertainty better, even other companies must have risk-management procedures. These must be based on objective and realistic view of the role of working capital.

o Addressing the issue of working capital on a corporate-wide basis has certain advantages. Cash generated at one location can well be utilized at another. For this to happen, information access, efficient banking channels, good linkages between production and billing, internal systems to move cash and good treasury practices should be in place.

o An innovative approach, combining operational and financial skills and an all-encompassing view of the company's operations will help in identifying and implementing strategies that generate short-term cash. This can be achieved by having the right set of executives who are responsible for setting targets and performance levels. They are then held accountable for delivering, encouraged to be enterprising and to act as change agents.

o Effective dispute management procedures in relation to customers will go along way in freeing up cash otherwise locked in due to disputes. It will also improve customer service and free up time for legitimate activities like sales, order entry and cash collection. Overall, efficiency will increase due to reduced operating costs.

o Collaborating with your customers instead of being focused only on own operations will also yield good results. If feasible, helping them to plan their inventory requirements efficiently to match your production with their consumption will help reduce inventory levels. This can be done with suppliers also.

Working capital management is an important yardstick to measure a company operational and financial efficiency. This aspect must form part of the company's strategic and operational thinking. Efforts should constantly be made to improve the working capital position. This will yield greater efficiencies and improve customer satisfaction.

How to Improve Working Capital Management

Alexander Gordon is a writer for http://www.smallbusinessconsulting.com - The Small Business Consulting Community. Sign-up for the free success steps newsletter and get our booklet valued at .95 for free as a special bonus. The newsletter provides daily strategies on starting and significantly growing a business.

Business Owners all across the country are joining "The Community of Small Business Owners” to receive and provide strategies, insight, tips, support and more on starting, managing, growing, and selling their businesses. As a member, you will have access to true Millionaire Business Owners who will provide strategies and tips from their real-life experiences.

See Also : Motivational Techniques Management Concept Style