When I was studying for my accountancy exams, one of the topics we covered was limiting factors. More recently I have been noticing that we all have the same ultimate limiting factor: 24 hours in a day, 168 hours in a week and 744 hours in a 31 day month. So how can you make the most of the ultimate limiting factor?

1. Determine what things are most critical to your success or results that you want to achieve.
2. Prioritise every day so that your time and energies go first on those things that contribute most to your results.
3. Work in short, focussed blocks rather than long, marathon sessions.
4. Minimise the distractions that get in the way of you getting things done.
5. Build some slack into the schedule to deal with those surprises or emergencies that occur from time to time.
6. Track where your time is going and make adjustments if it is not being invested appropriately.

I wonder what tips you would add to make the most of your ultimate limiting factor?

Duncan Brodie of Goals and Achievements helps accountants and health professionals to achieve success and realize their professional potential through being highly effective leaders and managers. For more information and to sign up for his free audio e-course click here

Despite all of the advances in technology, managing time and getting things done seems to be tougher than ever. Trouble is that time, unlike memory on your computer, cannot be added to, so it is how you invest it that matters.

So what can you do to take control of your time?

1. Know your priorities - what is it that your success or otherwise is measured against at the end of the day?
2. Set time limits for everything you need to do in a day - you will be amazed at the difference it makes.
3. Do a periodic time audit so that you know where your time investments are going.
4. Start thinking of time like money and choose carefully where you invest it.
5. Don’t overload your plan with too much otherwise you will get de-motivated.
6. Try, wherever possible, to batch similar types of activity so that you make better use of your time.

Remember that time management is really all about planning and decisions. So what’s your best time management tip?

Duncan Brodie of Goals and Achievements helps accountants and health professionals to become highly effective leaders and managers. For more information click here

Having sufficient time is often cited as a key challenge for managers and leaders.  So what are 8 quick tips you can work on straight away.

Tip 1: Get clear on your goals

Tip 2: Think clearly, calmly and positively

Tip 3: Stop moaning about the circumstances and start taking action

Tip 4: Say no when you really cannot take on anything else

Tip 5: Take breaks and try to get some exercise

Tip 6: When you are working, focus on working

Tip 7: Tidy your desk so that you can find things quickly

Tip 8: Tackle the time bandits who steal your time

So what other tips would you add?

When it comes to money, the vast majority of leaders and managers will be able to give an excellent account of where they spent the budget they were allocated and what they delivered with that budget.  On the other hand if you asked them how they were using their biggest limiting factor, time, how many would be able to give a clear answer?

In truth, very few of us ever take the time to accurately capture where we spend our time and what results we deliver from the time we have invested.  So why should you bother anyway?

1. You might discover that your time utilisation is a bit like a leaking water pipe.  A lot is being lost but you are not quite sure why.

2. You might be struggling to achieve deadlines or rushing at the last minute to deliver because you are not investing your time wisely.

3. You might be having to continually work extra hours (usually unpaid) to get everything done.

Not taking care of how you spend your time is a bit like not bothering to take care of company money or company equipment.

Doing a time analysis is really easy to do and has a ton of benefits, for example:

1. You start to discover if you are spending your time on what is really important to your success as a leader.

2. You start to become much more conscious of the cost of doing certain things.

3. You find ways of adding more value to the organisation without having to make more and more personal sacrifice.

Bottom Line – Time is probably the biggest limiting factor for just about everyone.  So what action could you take starting today to tackle the biggest limiting factor to you delivering results and achieving success

If you are a leader, your the ultimate measure of your success is what you deliver.  Yes there are other factors that contribute to how you are rated as a leader but at the end of the day it is results that count.  If you are in any doubt about this, just pick up the business section of any good quality newspaper or sector publication and chances are you will come across:

1. Some leader who is under pressure to deliver a certain result.

2. Some leader who has been removed because the results delivered were not good enough.

With all of this focus on results, it is important that as a leader you use your biggest limiting factor wisely.  So what is the biggest limiting factor?  In my experience it is time.  There are always many options open to you on how you could use the time available but the amount you are allocated in a day, week, month or year is fixed.  Contrast with a constraint like the amount of budget you have available.  You can make a case for more financial resource and if your case is compelling enough, you have a good chance of securing additional resource.

So if time is a major constraint, you need to know when your own personal prime time is.  It will be different for different people.  Some people are at their best first thing in the morning, while for others burning the midnight oil is best.  When you know your personal prime time you:

1. Can schedule the most important tasks for the times when your performance is optimal.

2. Avoid wasting optimal performance time on anytime tasks.  You know things like e-mails, routine phone calls or texts.

3. Deliver better results, because you focus your attention on the things that have greatest impact on the results you deliver.

Bottom Line – Your personal productivity greatly influences your results.  So what steps are you going to take to do the most important things in your personal prime performance time?

Ask any manager what one of their biggest challenges is and chances are that a lack of time will be pretty high up the list of answers.  Given that the total time available per day, week, month or year is out of your control, it is how you use it that matters.

With lengthy job descriptions and vague objectives being the norm, you need to take control and get clarity on your priorities.

It is pretty easy to do this.

1. List out your understanding of your priorities

2. Arrange to meet with your boss

3. Ask him or her to tell you what they see as priority

4. Come to an agreed list of priorities

5. Plan your time to focus on these priorities

Duncan Brodie of Goals and Achievements helps professionals, teams and organisations develop their management and leadership capability.

Having sufficient time is often cited as a key challenge for managers and leaders.  So what are 8 quick tips you can work on straight away.

Tip 1: Get clear on your goals

Tip 2: Think clearly, calmly and positively

Tip 3: Stop moaning about the circumstances and start taking action

Tip 4: Say no when you really cannot take on anything else

Tip 5: Take breaks and try to get some exercise

Tip 6: When you are working, focus on working

Tip 7: Tidy your desk so that you can find things quickly

Tip 8: Tackle the time bandits who steal your time

So what other tips would you add?

If you are a manager or leader right now, chances are that you have to deliver more with fewer resources.  Despite this you are still expected to provide all of the key things necessary to run the business.  You know, pay staff, pay suppliers, do appraisals to name just a few.  So how can you get smarter with how you use your time and get things done?

1. Time Audit

Where are you spending your time?  Ask most managers and leaders this and you will get a vague answer.  The key to being smarter with how you use your time is a time audit.  Make sure this covers a typical work cycle so that you can get real insights where your time is going.

2. Know Your Priorities

What are your 3-5 key priorities?  Armed with this information and your time audit, you can quickly determine whether your time is being spent on what matters- your key priorities.  After all you want to spending time on things that are important to the organisation and your success.

3. Cut out the unproductive stuff

If you are doing something that is not necessary for you to do, stop doing it.  Delegate it, outsource it and even question if it is necessary.

4. Make a list of your time wasters

We all have things that fall into the time waster category.  What’s on your list? 

• Meetings that are just talking shops and never result in any productive outcomes. 

• Checking every e-mail as soon as it arrives.

Make a list of your time wasters and commit to doing something about them.

Take a positive step to becoming a better manager or leader.  Take advantage of my free e audio course.  Click here to subscribe.

I delivered a free teleseminar earlier today on transforming productivity and results.  In preparing for the event I was considering the whole myth of the shortage of time.  The reality is that we all have exactly the same amount of time available to us:

24 hours in day

168 hours in a week

744 hours in a 31 day month

8,760 hours in a year

So what really matters is what we do with the time that we have been allocated.  Leave a comment with your top tips and click here to listen to the call replay.

I have recently being doing a survey on peoples biggest challenges.  One of the most common challenges seems to be time management.  So if you are challenged when it comes to your time, what can you do about it?

1. Plan how you are going to use it
2. Set time limits for individual tasks
3. Look at your time stealers and tackle them
4. Don’t set yourself up for failure by being overly optimistic about what you can achieve
5. Keep a track of where your time is going

What else would you add to the list?