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time management and it's importanceThe definition of Time Management

Time management is described as the approach or technique engaged by availing of practices and implements to organize and expend time in an extremely useful way, in order to produce the utmost value for each second that is expended.

Time management is indispensable whether in the corporate corridors or personal domain. The reason is that whenever we execute something in our lives, time goes by. As Einstein said it – time travels only in one direction. Even the apparently simple action of transferring our eyesight from the computer screen to the person seated close by already takes up a couple of seconds of our valuable time. It is therefore no wonder that one needs to hone his time management skills if one wants to accomplish goals in a manner that would also give time to enjoy the fruits of achievement.

Therefore, many of us attempt to locate ways to spend the time granted to us in the most useful manner. Successful time management methods generally have the following 3 things representing their common values :

  • setting goals and their management,
  • the drawing up of a checklist to achieve these goals, and
  • laying down priorities among the different goals.

The meaning of time management covers the above three things.

Even though a few opponents and detractors of programs on time management claim that devising plans and establishing check lists too, consume time and therefore should not be taken up. Rather, they state that people should carry on with their daily activities, since life does not last forever for one to devise plans. However, making a preference list and attempting to find out the direction in which our lives are going, assists in making sure that we do not fritter away aimlessly the remaining days of our lives. Certainly, we may take some time drawing up a plan, yet it is a negligible amount to expend for a lucid and organized life. How to manage time is a skill we all need to learn.

The Pareto principle of time management states that we can produce about eighty percent of value even though we spend just twenty percent of our time doing a particular thing. On the other hand, there also exists the danger of obtaining just twenty percent from a pursuit on which we spent eighty percent of our time as well as effort. Now, when we consider this principle, there is one single thing that strikes our mind – We should look for and decide the order of importance of the pursuits and undertakings that make available to us eighty percent of benefits at twenty percent of the time spent.

Now, this is not very hard to determine if we adhere to a correct time management program. Besides, time management enables us to recognize which pursuits and tasks actually count, thus generating a sensible life plan and permitting us to prepare an agenda to arrive at a particular goal or purpose.

Chief objective of time management is to attain a specific goal. Hence, to make it possible for us to enjoy the benefits of a program on time management that we attend or follow, we, primarily, should have an unambiguous goal set down, and ensure it is truly, what we wish to attain. Participating in any kind of time management strategy actually would not count for anything in case we land up with something, which we are actually not interested in, finally.

Therefore, to respond to the disapproval against this technique, we must admit that the process connected with time management takes up a lot of time. However, the catchword here is “takes up”, not squanders. For the reason that the only way a person can squander time is by doing something, which holds extremely little or absolutely no value. Utilizing some time in order to run one’s life is certainly not a misuse of time. In fact, it is a good deed done for oneself, since every person ought to take pleasure in the little time granted to him in this world.

Now, our very own transience is that which induces us to search for better ways to make use of our time. Can you think of a better way to ensure that we receive the finest that is owed us than designing a lifetime time plan?

Your turn now to answer why should one practice some form of Time Management?


  1. Do you believe in the concept of time management? Why?
  2. How do you ensure that your time is spent meaningfully- both from the short term and long term perspective?
  3. What advice would you like to share with others with regard to managing time productively?