Report on Time Management in the Workplace: Strategies and Tools

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Added on  2022/11/23

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This report delves into the critical importance of time management within the workplace, emphasizing its role in enhancing productivity and efficiency. It outlines key strategies, including setting clear daily goals, prioritizing tasks, minimizing interruptions, and utilizing project management tools like Chanty and Wrike. The report also addresses how to handle competing demands, analyze competitive forces using tools like Michael Porter's Five Forces, and maintain a healthy work-life balance through stress reduction techniques such as exercise, healthy eating, and fostering positive relationships. Furthermore, it highlights the significance of financial planning and the use of technology in optimizing workplace performance. References from various authors, including Cameron and Webster, Løwendahl and Rev, and others, are incorporated to support the information presented.
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Diploma in Library and Information
Services
Name of the Student
Name of the University
Author Note
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Time management in workplace
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Why Time Management is Important in
the Workplace
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Why Time Management is
Important in the
Workplace According to the author Løwendahl
and Rev (2018) there are numerous
reason why time management is very
much important in the workplace. It is
one of the most important quality
which the employees should inculcate
within one self.
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6 Essential Time Management
Strategies
Starting the day with a clear focus in
mind .
Having a dynamic task list .
Focusing on the highly valued
activities in the workplace
Minimizing various interruptions
Limiting multi tasking
Reviewing the day
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Strategie
s to
handle
competing
demands
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Strategies to handle
competing demands
According to the author Cameron and
Webster (2015) in this age of
technology and globalization
companies cannot afford to ignore the
competition that are diminishing the
production and sales of a company.
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Continued …
Michael Porter’s Five Force model – This is
one of the best and appropriate tool which
is used by most of the business
organizations to identify the competitive
forces in any of the given environment.
Companies also need to understand the
competitors goals and motive to sustain in
the market. The US market completely
believes that the shareholders value should
be increased because the Japanese market
is slowly capturing the market.
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Continued …
Basic financial planning is also very important
in understanding the competitiveness of the
competitor companies. The companies should
go for the formal planning system that will help
the company ion dealing with the budget
process where everything can be reduced to a
financial issue.
Externally oriented planning is very helpful to
the new companies in an environment of rapid
change and development. The companies will
be able to resource the allocation of the natural
resources that are used by the organization
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Use of technologies in
workplace
The use of proper software for
communications is very crucial for the
team productivity also at the same
time companies should be investing
on the research and development in
order to propose the use of Artificial
intelligence.
Chanty is a software and an
application that can be used by the
companies to message the whole
team or a special department
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Continued …
Wrike is a very powerful tool that is
used by the companies to manage
and collaborate projects. This
software combines simple designs
with the efficient project
management features.
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Strategies to reduce
stress and maintain a
healthy work life
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