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Time efficiency is the process of making good use of time. This can be calculated as the value produced in an hour, week or year depending on your time-horizon. Time is the one resource that can't be traded, purchased or extended. An hour for me is an hour for you. As, such making the most of time is a fundamental human pursuit. The following are common examples of time efficiency techniques.
Automating repetitive tasks | Being decisive | Breaking work into tasks | Checklists | Clear communication | Continuous improvement | Daily reflection | Delegating tasks and responsibilities | Division of labor | Eliminating wasted time | Establishing routines | Goal setting | Identifying and avoiding time wasters | Learning from mistakes | Leveraging peak energy times | Life balance such as exercise, sleep, social and work life | Lifelong learning | Lightweight experiments and regular improvements | Meeting agendas | Minimizing distractions | Minimizing interruptions | Multitasking | Note taking | Optimizing workflows | Organizing your workspace | Outsourcing tasks | Planning | Preparing for meetings | Prioritizing tasks | Procedures | Quality over quantity | Quality time | Recognizing failure | Saying no to low value work | Scheduling | Setting deadlines | Single-tasking | Specialization of skills | Streamlining processes | Task backlogs | Time blocking | To-do-lists | Tools | Using timers | Workflows |
Organizational ProductivityThe process of increasing the output of employees, teams and entire organizations. This can be quite complex whereby there can be many entrenched factors dragging time efficiency down such as resistance to change, overly complex processes, low cooperation, broken systems and culture issues.Personal ProductivityPersonal productivity includes big-picture things such as goal planning and the discipline to recognize and recover from failure. It also includes improvements to your repeated processes, habits and routines that boost your daily output, work quality and results.Quality TimeA common approach to time efficiency is to think very carefully about what you're doing with your time in order to reorient your efforts towards high value outcomes. This can be viewed as a contrarian approach to the common tendency to push for speed and scale whereby you focus on quality instead.Time EfficiencyTime efficiency is the amount of value produced with a unit of time. This can be applied to capital such as a machine or facility. When it is applied to human work it is known as productivity, personal productivity or time management. Humans can also approach time efficiency in terms of the quality of their life and work.DiscussionTime efficiency can be calculated with the efficiency formula.The Pareto Principle is the idea that the first 20 percent of effort produces 80 percent of results.Next: Personal Productivity
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