Time Management Lessons by ABBS
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Acharya’s Bangalore Business School shares valuable inputs on time management, task planning, balancing life, managing crisis and achieving your goals.

What are the common problems that all of us face when we miss deadlines and are running behind on our schedule?

Admissions open for MBA & PGDM 2015 at Acharya Bangalore B-School (ABBS). To apply click here

  • I am too busy, I don’t have time

  • I am not happy with my life

  • I don’t feel I have achieved anything this year

  • I don’t have control on my life

  • I wish I had more than 24 hours in a day, so that I can get more things done.

It’s important to balance your life. One needs to recognize each aspect of life, and needs to find enough time for family and personal life. Time managementSuccess in professional life must not come at cost of the personal life. Almost 80% of our day is spent at work.

 

Time Management

Time management is all about “doing the right things” and not about “doing things right.” One needs to be in control of his/her life and not driven by circumstances. Enjoy the journey of life in the moment of present; there is no perfect day in future. Whatever it is, it’s in this moment.

 

  • What do you want to in next 5 years?

  • Long term goals

  • Dreams/Ambitions

  • Work Goals

  • Professional Goals

Goals

A goal is anything that you want to accomplish in your life. You should have a bucket list. Suppose, you had only 6 months to live, what are the things you would want to do? Moreover, it is not enough to have goals in mind, put them down on paper, like an agreement with yourself.

Creating To Do Lists

You need to define daily list of tasks. It should have a prioritization of tasks in order of importance. This list should be prepared before you start the day, and there should be a review at the end of the day, and mark them as Completed, Transferred, Abandoned and In Progress. This investment of 15 minutes of your time everyday will be greatly beneficial.

Task

Priority

Status

Time needed

Prepare Slides for PPT

Q1

C

30 min

Collect Attendee info

Q2

C

45 min

Add Slides to network

Q3

T

5 min

Update  Cases

Q1

A

1 hour

Confirm to manager about tomorrow’s plan

Q1

I

5 min

 

Achievements

Achievements are not just major events that happen, you need to make every small step your achievement. Maintaining good health is also an achievement, similarly there can be daily, weekly, monthly and yearly achievements.

 

Interruptions

There will be crisis situations, interruptions and procrastination from your own end as well, but it is important to overcome obstacles with simple steps. This is like playing the Game of Basketball and shooting for your goals. Interruptions can be in form of a phone call or personal conversation or emails. Ensure that you have no-interruption periods, like Closed Door policy, Phone off the hook etc.

 

Crisis Situations

Being proactive and not reactive is the key to handling crises. Maintain a crisis log. Nothing is worth being reactive, you need to prevent crisis by managing important but not urgent tasks on time.

Remember, if you are only reactive, someone will replace you at your job.

 

If we wait for the moment when everything, absolutely everything is ready, we shall never begin

Procrastination

You need to be honest to yourself. Understand how much time it takes to do a task, because not all tasks take same time. Prioritize tasks and don’t be a last minute decision taker. Gather information for a task well in advance.

 

  • SWOT Analysis

  • Get up 15 minutes early

  • Make time for ‘yourself’

  • Understand your ‘effective time zone’

  • Deal effectively with interruptions

  • Update your to do list daily

  • Do not over-schedule

  • Keep your list in sight

  • Delegate, if possible

  • Get Organized: paper, e-mail

  • Do difficult tasks first

Some Useful Tips

Start doing a task analysis for 3 months tasks and try to find out inferences. For example, you may notice that, only 65-70% of planned activities were completed during each month. Only 20% of planned activities are transferred at least once. Only 10-12% of activities are abandoned and so on.

Maintain a time kit which will act as a source for everything, including goals, tasks, expenses, Phone-book, Ideas/notes and so on.

Remember, even your chaos has to be organized. If you fail to plan, you plan to fail.

Keep visiting this space for more of such valuable lessons of life from ABBS.

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More like Acharya Bangalore B-School, Bangalore

Questions related to Acharya Bangalore B-School, Bangalore

Showing 26 out of 26 Questions
63 Views

I wanted to know about the fee structure for MBA in finance

Sameena Banu Student Expert 18th May, 2019

HI,

The fee for mba is around 8,00,000/- and the entrance exam accpeted are cmat, cat,kmat


GOOD LUCK

77 Views

What about placements in this college

Syed Nazish Student Expert 14th Apr, 2019

Hi Sunita,

I hope you are doing well!

Well Sunita as I can you wanted to know about the placement of certain college. But I would like to inform you that you have not mentioned the college name which is difficult to answer about the placement record. I would request you to kindly mention the college name so that we can answer it without any delay.

Wishing you all the best in your career.

I hope that the answer to the question.

201 Views

Opinion on acharya banglore b-school?????ABBS

Nitheesh Yennampelly Student Expert 26th Dec, 2018

Hey Prejeesh P,

Acharya Bangalore B school is accredited by NAAC A grade and rated as AAA by Careers360. This  college is an average college. the placements are little average too! It just provides average salary package as 4 lakhs only. The faculty are also average but not that good

173 Views

Is Acharya Bangalore B school is good for finance specialization and even for placements too

Azim Musa Shaikh 26th Sep, 2018

The placement record of the MBA students at ABBS over the years has been impressive and many of the top companies have recruited from our Institution and have kept coming back, year after year. More than 80% of our students were placed by the time they passed out of our college and the remaining students have also been placed in due course.

We hope your company is also in this list of recruiters from ABBS and we would once again like to invite you to come over to our campus, recruit some of our students and give them a chance to be a part of your success story.

Thanks,
Azim
144 Views

Does pgcet also accepts for mba

Aditi Garg 17th Jul, 2018

Hi,

Karnataka PGCET is conducted by Karnataka Examinations Authority for admissions to full-time MBA programme in Government and Private institutes in Karnataka. To secure a rank in Acharya B-school, Bangalore, you need a rank between 1000-1500 in PGCET.

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