INTRODUCTION
Time is a dimension in which events can be ordered from the past through the present into the future, and also the measure of durations of events and the intervals between them. Time has long been a major subject of study in religion, philosophy, and science, but defining it in a manner applicable to all fields without circularity has consistently eluded scholars. Nevertheless, diverse fields such as business, industry, sports, the sciences, and the performing arts all incorporate some notion of time into their respective measuring systems. Some simple, relatively uncontroversial definitions of time include "time is what clocks measure" and "time is what keeps everything from happening at once.
Time is precious and relative in every aspect of life. In this time will be considered in aspect of business organization.
HOW IMPORTANT IS MANAGING YOUR TIME
Managing time is something we all have to do. Personal finances, social engagements, family matters, and hectic work schedules are just a few of the key areas of our lives that demand our time. Sometimes, it feels as though 24 hours in a single day just isn't enough time, especially for business owners who also have the added responsibility of managing an entire business. Luckily, however, with some careful planning, you will be able to glide right through many of the day's ups and downs with ease.
1: Develop a general work schedule in which you lay out the major elements of your workload. Decide how much time to spend on business development, personal needs, family, and other important areas. A good allotment of time to set aside for yourself is 25%. Each time you make a commitment, make a timeline for your involvement. Keep in mind that maintenance requires 25% of the time you spend on any project, so plan accordingly.
2:Build flexibility into your schedule. How much time you have for family and friends depends on the flexibility you build into your schedule. Also, in times of emergencies it is necessary to have good backup resources and a network of friends and/or family to provide assistance.
3:Prioritize your activities by identifying crucial deadlines, routine maintenance items, and fun/relaxation time. To help you determine what needs to be done immediately and what can be tackled later, ask yourself questions such as: "How much time do I have to make this decision, contact this person, or complete this assignment?" To set priorities, you need to know deadlines, how many people you should call to acquire key information, and whether you can delegate or get assistance from others. Group projects also require extra time for communication and problem solving.
4: Assess your options for achieving your priorities. Evaluate and proceed with the ones you feel are most useful. You should never change approaches halfway through a task unless you are positive the change will save time. If you are doubtful, it is best to continue in the direction you started
5:Evaluate your capacity for stress and take steps to reduce stress and anxiety. Start with the most worrisome task if at all possible. Doing so will reduce your anxiety and stress levels for the next tasks and in many cases improve your performance. Take breaks if you feel you are about to overload. Even a short period away from the desk is effective.