Friday, January 3, 2014

EXECUTIVE EDGE - Take Control of Your Time



Information and Skills You Need to Get Ahead

Revise Your Definition of Work
One of the most common side effects of the Age of Speed is blurred boundaries between work and home, according to Vince Poscente in The Age of Speed. Although work no longer keeps us chained to desks, we’re experiencing an “always-on” phenomenon.  Whether it’s an email, text message, instant message or cell phone call, we’re almost always accessible.

The big blur between free time and work time makes us feel that our overall time is
compromised and that it isn’t ours to control.  No matter how fast we think we’re going, it seems harder and harder to dedicate time to the things we feel are significant.

Time has been associated with physical boundaries for more than a century. We got
used to the idea that we work when we are in the office or at the factory. We do chores when we are in the kitchen. We relax when we are in the living room or at the park. This made time easy to define: work, home, leisure.

Today, however, work is no longer a place; it’s a state of mind. Instead of three distinct segments of time, we have ended with one large pie of time filled with a constantly morphing mixture of work, home and leisure.

When we stop applying the work-home-leisure framework to our time and start
applying a framework based on values, we shift from a choked perspective focused on spatial context and tasks to an open, conscious perspective based on what we value and what we want to accomplish. In the Age of Speed, our time is more fluid — and that should be working in our favor, not making us feel stressed out and exhausted.

When we implement the values-based time model in our lives, time becomes the tool we use to organize our priorities and values rather than our duties and location, and how we spend our time reflects who we are rather than where we are or what we’re doing.

If we stop judging our time according to outdated definitions of work, home and
leisure, we are less likely to feel stressed out about the blurred lines. If we stop forcing the separation between those three areas of our lives, we won’t suffer when they merge —instead, we’ll find solutions.

The Challenge Is to Simplify Your Life

Everyone has too much to do and too little time today, Brian Tracy points out in How the Best Leaders Lead. You feel overwhelmed with your duties, tasks and responsibilities. As a leader, those duties, tasks and responsibilities are multiplied. The challenge is for you to simplify your life in such a way that you spend more time doing the things that are most important to you and less time doing those things that are not at all important.

A great leader is someone who is effective, positive, in control, generally content and even-keeled. If you are overwhelmed, you are probably none of these things. Simplifying your life will not only make you a happier person; it will significantly increase your success as a leader.

Here are six methods, techniques and strategies that Tracy suggests you can use to
reorganize and restructure your life, simplify your activities, get more done, and enjoy more personal time and time with your family than ever before:

1. Determine your true values.
Decide exactly what is most important to you. The most important question that you must ask and answer throughout your life is, “What do I really want to do with my life?” Set peace of mind as your highest goal, and then organize your life around it.
2. Decide exactly what you want.
Start deciding what you want by writing out a list of at least 10 goals, that you would like to accomplish in the next year. After you have written out this list, review the 10 goals and then ask, “What one goal, if I achieved it in the next 24 hours, would have the greatest positive impact on my life?”
3. Select your major definite purpose.
Your most important goal becomes your major definite purpose. Then make a list of
everything you can think of that you can do to achieve that goal. Organize the list by priority, by what is more important and what is less important. Then immediately begin the most important thing that you identified to achieve your most important goal.
4. Get your life in balance.
The key to balance is to be sure that your exterior activities are congruent and in alignment with your interior values. A sense of happiness, peace, joy and relief comes when you return to your values and make sure that everything you do is consistent with them.
5. Put your relationships first.
Put the most important people in your life at the top of your list of priorities. Put everything else below them.
6. Take excellent care of your physical health.
You can simplify your life by eating less, eating better, exercising regularly, getting thinner, getting regular medical and dental check-ups, eating proper nutrients and taking excellent care of yourself.

Get to the Heart of Things
Gary Keller and Jay Papasan pose this question in The ONE Thing: If everyone
has the same number of hours in a day, why do some people seem to get so much more done than others? The answer is they make getting to the heart of things the heart of their approach. They go small.

“Going small” is ignoring all the things you could do and doing what you should
do. It’s recognizing that not all things matter equally and finding the things that matter most. It’s realizing that extraordinary results are directly determined by how narrow you can make the focus. When you go as small as possible, you’ll be staring at ONE Thing.

The challenge is that life doesn’t line everything up for us and say, “Here’s where
you should start.” So instead, every day you should line up your priorities anew,
find the lead domino, and whack away at it until it falls. This approach works because extraordinary success is sequential, not simultaneous. The domino effect applies to the big picture, like your work or business, and it applies to the smallest moment in each day when you’re deciding what to do next.  Success builds on success. The key is over time. Success is built sequentially. It’s one thing at a time.

The idea of balance is exactly that — a grand yet not very practical idea. In your
effort to attend to all things, everything gets shortchanged, and nothing gets its due.

When we say we’re out of balance, we’re usually referring to a sense that some priorities — things that matter to us — are being underserved or unmet. The problem is that when you focus on what is truly important, something will always be underserved. There will always be things left undone. Leaving some things undone is a necessary tradeoff for results. But you can’t leave everything
undone, and that’s where counterbalancing comes in. You must counterbalance your work and personal life buckets.

Counterbalance your work bucket.
View work as involving a skill or knowledge that must be mastered. This will cause you to give disproportionate time to your ONE Thing and will throw the rest of your workday, week, month and year out of balance. Your work life is divided into two areas: what matters most and everything else.  You will have to take what matters
to the extremes and be OK with what happens to the rest. Professional success
requires it.

Counterbalance your personal life bucket.
Acknowledge that your life has multiple areas and that each requires a minimum of attention for you to feel that you “have a life.” Drop any one, and you’ll feel the effects. This requires constant awareness. You must never go too long or too far without counterbalancing them so that they are all active areas of your life. Your
personal life requires it.

The question of balance is really a question of priority. When you change your
language from balancing to prioritizing, you see your choices more clearly. When you’re supposed to be working, work, and when you’re supposed to be playing, play. It’s a weird tightrope you’re walking, but it’s only when you get your priorities mixed up that things fall apart.

Focus on Results
Success comes not just from hard work and careful planning — though those are both important. Success depends in large part on proper mindset: focusing on the
results you plan to achieve rather than the number of hours you work, Robert C. Pozen attests in Extreme Productivity.

Many professionals have trouble getting started on their highest priorities. Instead, they procrastinate by distracting themselves with more pleasant tasks. Chronic procrastinators pay a high personal price for their habit. As the deadline nears, they go into panic mode.

Pozen suggests that you break the project into smaller pieces and get going on the first steps. Clear your docket, set aside time to concentrate on the big project, and cut off access to distractions. You can help yourself by creating evenly spaced, mini-deadlines —interim dates for completing specific stages of the project.

Focus on results, not hours. Punching a time clock made sense in the industrial age,
but it makes no sense for professionals. Your contribution is not the time you spend on your work but the value you create through your knowledge.

Though attention to detail is usually considered a positive attribute, your time
commitment should vary according to the importance of the project and the needs of your audience. It may take you one day to do B+ work, but the rest of the week to bump it up to an A. For your highest-ranked objectives and targets, it is usually worth spending that extra time and effort. But for most of your low-priority tasks, B+ is quite often “good enough.”

One technique for not sweating the small stuff is to follow the principle of OHIO:
“Only Handle It Once.” This means tackling your low priority items immediately when you receive them, if possible. If you let a backlog develop, you will waste a lot of time and increase your anxiety level.

For example, every day you receive a barrage of requests for your time and
knowledge from your co-workers, family, friends and people you don’t know. When
you get a request, decide promptly whether you should ignore it or offer a response.  Respond immediately to important requests.  Don’t waste time by having to re-find an email or think twice about an appointment.  Waiting — for an hour, a day or a week — to respond to a legitimate request will double or triple the time involved. In the best case, you have to reread the request and think again about the issues it raises.  In the worst case, you will spend a significant amount of time trying to find the request again.

Multitasking is a good way of accomplishing low-priority tasks efficiently. Don’t try
to multitask if both activities are mentally demanding. The rapid switching between
topics wastes your brain’s energy. And don’t multitask in front of actual or potential
customers; they expect your full attention.

Avoid the tendency to micromanage.  Give your subordinates significant freedom
to complete projects, even if you think that could lead to a higher risk of mistakes.

What’s the point of getting more done in less time? The point is not just to build a
more rewarding career but also to enjoy a more rewarding life. The more efficient you are at work, the more time you’ll have for your family, your friends, and other aspects of life that you care about.

Manage Your Energy
Time is the currency of productivity, and how you handle it will ultimately determine your success or failure, Todd Henry points out in The Accidental Creative.

When you are planning your life, you need to account for every commitment
you make in every area. This means that when you are in a busy season at work,
you need to be disciplined enough to trim back the number of personal commitments you make. Similarly, when you are entering a busy season in your personal life, you need to be purposeful about the extra commitments you take on from work.  While you can’t always choose what you work on, you can be careful and strategic about where you focus your energy outside of those core commitments.

There are three horizons of whole-life planning: weekly, monthly and quarterly.
It is critical to get ahead of your energy commitments and examine them objectively.  Saying no to a new opportunity is very difficult in the moment, but if you have been strategic in your planning and know what a new commitment will truly cost you, then you can refuse new opportunities with confidence.

Once you understand your limits, you will be able to manage your energy more
effectively. Remember, this is about setting yourself up to have conceptual breakthroughs in the areas of your life and work that matter most.

A second energy-management practice closely related to whole-life planning is
pruning. In a good vineyard, the vine keeper is constantly pruning, but it’s
not that the pruned branches are dead or diseased in some way. Rather, the keeper
removes young, unproductive branches so that much-needed nutrients can get to the older, fruit-bearing parts of the vine. If the young growth isn’t pruned back, the vine will bear less fruit and eventually produce none at all.

The same principle of nature applies to the natural rhythms of your creative process.  Every day there are little sprouts of growth that emerge in your life. New opportunities, new projects, new ways to expend your energy. Distractions. Temptations to divert your resources or attention. Just as the young, fruit-bearing branches on a vine must be pruned back in order to provide needed resources to the critical sections of the whole plant, you must learn to identify the activities in your life that seem to be providing good results in the short run but will eventually decrease your effectiveness in the most critical areas of your life.

A MANAGER’S VIEW OF TIME MANAGEMENT
In a recent Executive Insights interview, Elise Roma, General Manager, Franklin-
Covey Northeast Region was interviewed by Soundview host Andrew Clancy. Here is
an excerpt from that interview.

Soundview: Do you think that people often feel they don’t have time for time
management?

Elise Roma: I think that’s really true because when people start to get urgency addicted and are so busy, they can mistakenly define that as productive. So again, it goes back to that definition of “What is productive?”  And oftentimes, we hear people say that they are overwhelmed — that they’re burnt out — they may or may not be achieving their goals, but they are so busy. And then when you start to work with them on a solution, the first thing that comes up is that they don’t have time. They ask, “Can we do it in 10 minutes?” “Can we do it in an hour?”  And so most people, I think, are reluctant to take the time necessary to make real changes that would have significant impact on the results of improving productivity.

Soundview: In your own role as a general manager, how do you budget your own time and also make sure the needs of your staff are met?

Roma: Well, I typically have time before the week starts when I plan. And so I know what the most important things are that I want to accomplish. And I’ll allocate time for those. And during that, I’ll try to make sure I turn away from my computer so that the instant messages aren’t popping up, and I’ll try to put my cell phone away. Because that’s the only way I can actually focus on those tasks. 

I do have weekly staff meetings and also some routine meetings that are pretty carved in stone. The rest of the time, because the nature of my job is being available to my team who are servicing customers, I try to create an incredible amount of flexibility where I’m accessible to them all day for any time that is not devoted specifically to another most important task. I try to answer their phone calls instantly because I assume that that is really the most efficient way not to hold up their progress. So I try to do a little balance of both. Most members of my team know that they don’t have to wait if they’ve got an urgent issue until our weekly meeting; they just call me, and we just handle it immediately. 

Leaving a lot of actual space on your calendar — it gets filled. But when you don’t leave space, what happens is things don’t get done that are really both urgent and important. And those things come up every single week. And so if you don’t fully pack your calendar, you can address those urgent and important issues and not necessarily delay anything else.

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