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Is Time Management Just a Myth?

Editor's Note: Take a look at our featured best practice, Issue-Based Work Planning and Hypothesis Problem Solving (25-slide PowerPoint presentation). The principles behind Issue-Based Work Planning are a powerful concept for use on all business issues and help to align the approach with the overriding issues, rather than the traditional process structure. They help ensure that all relevant project issues are covered and to arrive at the most [read more]

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Time Management is essentially important in the workplace. Without Time Management, deadlines are missed, Time Management picture1reports are not submitted, important meetings are forgotten, and many more. In the end, we are faced with a chaotic long list of activities and deadlines with not one being completed or done. When companies and their people are in this chaotic working environment, companies can expect the worst – sales targets are not being met despite so much time used and wasted.

The Destructive Myth in Time Management

There are several myths in Time Management–the worst, of which, is employees can get everything done if 3 things are followed:

  1. Follow the right system.
  2. Use the right to-do list.
  3. Process tasks in the right way.

This is a mistake. Today, every employee and manager could work every single hour of the day and night and still not keep up. Every day, work schedules are affected by uninterrupted stream of information and communication. Because of social media, people have crossed borders of communication making everybody unceasingly accessible.

Work schedules are just being disrupted. Yet, with the volatility and complexity of the business environment, Time Management has become a necessity. Organizational problems are not considered within the domain of Time Management. Time Management is often seen as a simplistic solution to complex organizational challenges. Yet, most behavior-change challenges are simply about how people spend their time.

Time Management by Six-box To-do List

Time Management by Six-box To-do List is a personal approach to Organizational Time Management. It is an organizational Time Management framework that builds on transparency and strategic alignment.

Executives, managers and employees are empowered to push back when asked to do much work that can distract them from their strategic focus. The framework brings distraction into the open for discussion. Companies get to review these distractions and determine whether it is worth accepting or resisting.

With Time Management by Six-box To-do List, the normal goal-setting is taken one step further. The likelihood of follow through gets to be established and incorporated in the company’s action plans.

Taking the 4-Step Approach

Time Management by Six-box To-do List is a straightforward approach. We just have to follow 4 direct but simple to follow steps.

  1. Identify 5 things to focus on.
  2. Create Six-box To-do list.
  3. Help your direct reports create their to-do lists.
  4. Manage without micro-managing.

time_management

Step 1: Identify 5 Things to Focus on

Identifying the 5 things to focus on will direct companies to spend 95% of their time on what are important. Companies that have completed this step were able to determine the most important 20% of their goals that helped the companies reach the top. Focusing on what is most important became the company’s battle cry when entering a business environment that has become so competitive that there was no way to go but up.

Step 2: Create a Six-box To-do list.

Creating a Six-box To-do list can be simple as A-B-C. Yet, it can be complex when companies are not clear on what or where they need to focus on.

Creating a Six-box To-do list allows companies to concretely review overflowing to-do list and segregate tasks which are considered top 5 priorities. The sixth box is known as the “other 5%” box. This is where other tasks that do not belong in the top 5 priorities are placed.
Perfecting this step is only achieved when tasks are appropriately assigned in their appropriate boxes with the “other box” having none or less of the mission critical tasks that cannot be deleted.

Step 3: Help Direct Reports Create To-do List.

Every member of the organization must be aligned with the top goals of the company. Priority actions must be aligned towards a common direction. This can only be achieved when each and every member of the organization have To-do list that come out from their direct supervisor’s top 5. This continues up the hierarchy until each one’s To-do list is traceable to the CEO’s top 5.

When this happen, companies can be sure that there is consistency of action, concentration, and focus.

Step 4: Manage without Micro-managing.

Micro-managing has never been effective in organizational management. There is extreme resistance when micro-managing is applied as a management style. Yet, this approach is sometimes employed when companies need to make sure that their people deliver.

Time Management by Six-box To-do List however allows companies to manage people without micro-managing. In a quick glance, companies can look at their employees’ priorities and actions and determine if they are moving forward to achieve the top-5 areas of focus.
Time Management by Six-box To-do List is an effective tool of directing people towards focusing on what is important without micro-managing. In the end, results are achieved with people in every level aligned to the top-5 goals of the company’s CEO.

Interested in gaining more understanding on how to achieve Time Management using the Six-box To-do List? You can learn more and download an editable PowerPoint about Time Management by Six-box To-do List here on the Flevy documents marketplace.

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Excel workbook
This is an Excel template for the Eisenhower Decision Matrix. Enter your full task list and this spreadsheet will generate various views of the Eisenhower Decision Matrix, with tasks prioritized by importance, urgency, and due date. The basic premise of the Eisenhower Decision Matrix is to sort [read more]

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For even more best practices available on Flevy, have a look at our top 100 lists:

These best practices are of the same as those leveraged by top-tier management consulting firms, like McKinsey, BCG, Bain, and Accenture. Improve the growth and efficiency of your organization by utilizing these best practice frameworks, templates, and tools. Most were developed by seasoned executives and consultants with over 20+ years of experience.

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About Joseph Robinson

Joseph Robinson is the Vice President of Strategy at Flevy. Flevy is the marketplace for best practices in business management. Learn how the Fortune 100 and global consulting firms do it. Improve the growth and efficiency of your organization by leveraging Flevy's library of best practice methodologies and templates. The documents at Flevy (https://flevy.com) are of the same caliber as those produced by top-tier management consulting firms, like McKinsey, BCG, Bain, and Accenture. Most were developed by seasoned executives and consultants with 20+ years of experience. Flevy covers 200+ management topics, ranging from Digital Transformation to Growth Strategy to Lean Management. You can peruse a full list of management topics available on Flevy here. Prior to Flevy, Joseph worked as an Associate at BCG and holds an MBA from the Sloan School of Management at MIT. You can connect with Joseph on LinkedIn here.

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