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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.

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