Skip to main content

Time Management Techniques and Ethics in Business

TIME MANAGEMENT TECHNIQUES

Time management can be described as act or process of organizing, and being mindful of amount of time that’s spent on specific activities particularly to increase efficiency, productivity or effectiveness. In other words, one can say, time management is about effective scheduling of time, goal setting, prioritizing and choosing what to do and what not to do, delegating tasks, analyzing and reviewing time spent, organizing work space, keeping concentration and focus at work, motivating self to work towards a goal.

   Objectives of time management are:


Decide set goals for a given period of time
Create a strategy on how to achieve those goals
Mark out Lay out a program scheduling progress of activities
Use time management techniques to avoid making mistakes and hazards.


BE ETHICAL IN BUSINESS

  smallbusiness.chron.com/importance-ethics-organizations


Ethics is something that is bothered on individual’s moral judgments about what is right and wrong. Therefore any decision taken within an organization are made by individuals or a team, anyone that is responsible for making them should be influenced by the culture of the company. Employees of an organization should be ethically moral and be convinced that, that their decision to reject the route that would lead to the biggest short-term profit is justified.
Ethical behavior and corporate social responsibility can bring the following significant benefits to a business;

Attracts customers to the firm’s products thereby boosting sales and profits
Attracts more employees wanting to work for the business, reduce recruitment costs and enable the company to get the most talented employees

Attract investors and keep the company’s share price high, thereby protecting the business from takeover.

Comments

Post a Comment

Popular posts from this blog

Business Development Lesson for Entrepreneurs

Your business has three steps: 1. The business: Your business is what you offered i.e. products or services. If you don’t know what business to do, you can start by consulting the business development experts for assistance and be honest with yourself when asking for help; don’t worry about having butterflies in your tummy or being nervous about it. 2. Environment: this does not replace what you offer; the role of the environment is to help your products or service in order to give a best description of where to locate your business it is not made to diminish it 3. Customers: In business when you come across a wrong customer you are in for trouble because you cannot afford to make a mistake. Don’t let go your products or services until you are sure of whom you are dealing with. This must be taken seriously because you are responsible for your business and must account for it. If you have a business and met with the wrong customer there will be a great conflict, it is your...
3 comments
Read more
Follow the link below to access my interview with Africa Business Communities by Andrea Ayemoba http:// africabusinesscommunities.com/ features/interview-hajiya-sa% E2%80%99adatu-abdullahi- founder-business-women- networking-nigeria/
Post a Comment
Read more

TWO CRUCIAL SKILLS THAT, MAKES A DIFFERENCE:

COMMUNICATION AND TEAMWORK The importance of skills acquisition in contemporary world cannot be overemphasized. This is because lots of people tend to pride themselves as knowledgeable and intellectuals; but most times these knowledgeable lacks the necessary skills to back up their knowledge especially in work places. While knowledge is tools acquired through observation and study via senses such as listening, watching, reading, touching, etc. that can be transferred from one person to another, in another side skills are tools refers to abilities to apply a gained knowledge to a specific situation, and are developed through experiences, trainings or practices. If one must excel and become better prepared individual to meet a desired performance, she or he must therefore acquire the necessary skills for such tasks. There is no doubt for one to develop skills, the only way is through practices; the more you do something, the better you get at it. Practice, they say, makes pe...
Post a Comment
Read more