Three Ways To Improve Time Management Skills

Time management is a skill all effective business leaders develop. This particular skill helps entrepreneurs with their workload demands, allowing them to make decisions better and faster. Time management skills are traits that are honed and perfected through practice, yet there are three general tips to remember when deciding which strategies to use.

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The importance of lists and deadlines: Time management is simply learning how to prioritize. However, deciding which activity to do first may be daunting. It doesn’t have to be. A good way to lessen anxiety is to list down what needs to be done. Business professionals say that things seem overwhelming when it is all in their head: the act of writing makes tasks easier and less intimidating. Once this is done, tasks can be ranked in terms of importance. Setting deadlines for each is also a good recommendation.

Multitasking does not work: It is tempting to do several things at the same time, but many experts discourage this. This is why making a list is important because it allows one to focus on a single task. Mistakes are less likely, and quality of work is assured.

Know one’s limits: Jumping from the previous point, it is important to know when to stop. There are days when one has to accomplish dozens of tasks on the same day. For these cases, it is best to delegate responsibilities. This is a time management skill most people do not recognize. Knowing one’s limits is also an important aspect.

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Further details on how to use these strategies can be found in various financial education programs. It would be wise to constantly learn how to improve these skills and diligently practice them.

Patrick Dwyer of Merrill Lynch understands the importance of education in business success and health. Follow this Twitter account for similar updates.