EconGuru Economics Guide RSS Syndication

Submit a Guest Post on!

© Copyright 2006 - 2011 All rights reserved. Assets marked and linked to the original sources are hereby used for educational purposes only and are copyrighted by their respective owners.

Subscribe to EconGuru.

What is Time Management?

Subscribe to EconGuru:

If you visit a bookstore and look in the business section you will likely find many books devoted to time management. There have also been millions of magazine and web articles devoted to this topic. Time management is important because this is a commodity that is often in short supply. Some of the most successful people in the world have reached their position by the fact that they are just so effective at this skill.

What is Time Management?

In simple terms we could define time management as a way to organise our time so that we get the most out of it. In a situation where time is money then we will want to make sure that we don’t waste too much of it. Unfortunately a lot of people are very ineffective when in regards to time management and this means that they are unproductive a lot of the time. These days a lot of business owners and professionals are interested in any methods that will make them and their employees better at time management. It isn’t only people in business who need to be concerned with time management; this is something that is important to all of us because time is always going to be a limited resource.

One of the most important elements of time management is planning. The most common reason why people exhibit poor time management skills is that they don’t have a plan; instead they just run around like a headless chicken. The recipe to this type of disorganisation is to develop a plan and a routine. We set out the tasks we need to get done in a day and then tackle each of these tasks in turn. If something we want to get done involves a lot of work then we can break it down into smaller tasks.

Another important element of time management is learning not to squander time on the unimportant. This means that we treat our time like we do our money and we watch how we spend it. If we have a tendency to start engaging in social media or other time wasters when we should be working then we will need to brush up on our time management skills – of course there is a time in place for doing things to relax. It is only when we carefully monitor how we are using our time that we come to realise how much of it we squander.

The Importance of Good Time Management

Time is the most precious commodity that any of us have. We can’t really accumulate more time in the same way that we can money or belongings – we only have so many hours in the day and we aren’t going to live forever. If we use our time wisely then it will be possible for us to accomplish a lot in life, but if we aren’t careful we could just squander a lot of time on things that aren’t important to us. Almost every human could probably benefit from learning more about time management.

Some of the best time management books

  1. Getting Things Done: The Art of Stress-Free Productivity
  2. Time Management From The Inside Out :The Foolproof System for Taking Control of Your Schedule and Your Life
  3. Time Management in an Instant: 60 Ways to Make the Most of Your Day
Share This Article:
Meet the Author

Anthony Carter currently resides in Fife, Scotland with his wife Lisa, and their three wonderful children. As a senior editor for various publications, if he's not reading and writing, you would find him photographing and traveling to some of the most far-flung locations around the world.


Tags: , , , ,

EconGuru Economics Guide

Educating the public since 2006.

As an Amazon Associate, EconGuru earns from qualifying purchases.