Archive for the ‘goal setting webinar’ Category

Manage Your Time

Thursday, January 24th, 2008

There are many ways we can manage our time. I have listed some strategies you can use to manage your time in a better and more efficient manner. They are noted below.
1. Always define your goals as clearly as possible.
Do you find you are not doing what you want to do just because your goals have not been set properly yet?
One of the factors which make successful and happy people stand out is their ability to work out what they want to achieve and have written goals which they can review them constantly.
Your long term goals should impact on your daily activities and be included on your “to do” list. Without a goal or objective people tend to just drift off personally and professionally
2. Analyze your use of time.
Are you spending enough time on the projects which although may not be urgent now but are things that you need to do to develop yourself or your career?
If you are constantly asking yourself “What can I do to make things easier for me right now?” it will help you to focus on ‘important tasks’ and stop reacting to tasks which seem urgent (or pleasant to do) but carry no importance towards your goals.
Try getting and using a personal calendar, setting reminders on your computer, cell phone or palm pilot.
3. Have a plan.
How can you achieve your goals without a plan? I don’t even think that is possible.
Most people know what they want but have no plan to achieve it except by sheer hard work. What’s the point in doing hard work when you don’t know how to apply it?
Your yearly plan should be reviewed daily and reset as your achievements are met. Successful people make lists constantly.
It enables them to stay on top of priorities and enable them to remain flexible to changing priorities. This should be done for both personal and business goals.
4. Action plan analysis.
Problems will always happen when you set a plan. The value of a good plan is to identify them early and seek out solutions immediately.
Good time management enables you to measure the progress towards your goals because “What you can measure, you can control”.
Always try to be proactive in the achievement of successfully managing your time.
Time management is not a hard subject to understand, but unless you are committed to building better time management techniques into your daily routine you’ll only achieve partial (or no) results and end up right back where you started.
You have to commit to managing your time better and remember to include time for yourself.
The lesson that you need to learn is that the more time we spend planning our time and activities the more time we will have for those activities.
By setting goals and eliminating time wasters and doing this everyday you may find you will have extra time in the week to spend on those people and activities most important to you.

Identifying your time stealers

Thursday, January 24th, 2008

• Interruptions for example the telephone or TV (these are also distractions)
• Interruptions, for example, guests
• Meetings
• Tasks you should have had someone else do for you
• Procrastination and indecision
• Acting with out total information
• Dealing with other people’s issues or problems
• Some sort of personal crisis, for example, family member is sick or injured.
• Unclear communication
• Inadequate knowledge
• Unclear objectives and priorities
• Lack of planning
• Stress, anxiety and fatigue
• Inability to say “No” to anybody with a request
• Personal disorganization
There are quite a few isn’t there? Fortunately there are strategies you can use to manage your time in a better way and be more in control and reduce stress, but you can analyze your time and see how you may be both the cause and the solution to your time challenges.
Below, we will look at time management issues in more detail
1. Shifting priorities and crisis management. Management guru Peter Drucker says that “crisis management is actually the form of management preferred by most managers.” What is ironic is that actions taken before the crisis could have prevented it in the first place.
2. The telephone. Have you ever had one of those days when you just had to answer the phone with “grand central station, how can I help you?” The telephone can be our greatest communication tool can be our biggest enemy to effectiveness if you don’t know how to control its hold over you.
3. Lack of priorities/objectives. This is probably the biggest and most important time waster. It affects all we do both professionally and personally. Those who accomplish the most in a day know exactly what they want to accomplish beforehand, just ask Donald Trump.
Unfortunately too many of us think that goals and objectives are yearly things and not daily considerations. These results in too much time spent on the minor things and not on the things which are important to our lives
4. Attempting too much. Many people today feel that they have to accomplish everything yesterday and don’t give themselves enough time to do things properly. This leads only to half finished projects and no feeling of achievement as all things are done in a hurry and appear rushed to others.
5. Drop in visitors. The five deadliest words that rob your time are “Have you got a minute?” Everyone does it; colleagues, the boss, your peers, and your family and friends.
Knowing how to deal with interruptions is one of the best skills you can learn.
6. Ineffective delegation. Good delegation is considered a key skill in both managers and leaders of homes and work.
The best managers have an ability to delegate work to staff and family members to ensure it is done correctly. This is probably the best way of building a team’s moral and reducing your own workload at the same time.
The general rule is this; if one of your people around you can do it 80% as well as you can, and then delegate it.
8. Procrastination. The biggest thief of time is not decision making but decision avoidance. By reducing the amount of procrastinating you do you can substantially increase the amount of active time available to you.
9. The inability to say “no!” The general rule is; if people can dump their work or problems on to your shoulders they will do it.
Some of the most stressed people around lack the skill to ‘just say no’ for fear of upsetting people. Get over it because these people can do it for you.
10. Meetings. Studies have shown that the average professional person spends about 17 hours a week in meetings and about 6 hours in the planning time and untold hours in the follow up.

There are common time wasters which need to be identified

Thursday, January 24th, 2008

In order for a time management process to work it is important to know what aspects of our personal management need to be improved. Otherwise what is the point in trying?
Below you will find some of the most frequent reasons for reducing effectiveness in and around our lives. You might want to check the ones which are causing to be the major obstacles to your own time management. These are referred to as your time stealers.

Increasing Time Management Skills for Achieving Goals

Thursday, January 24th, 2008

Effective goal setting begins and ends with time management. You must be able to balance your time in the best way possible in order to achieve your goals. Most of us fail to achieve goals because we “lack the time”. That is why this section needed to be included in this guide.
The concept of time management has been in existence for more than 100 year believe it or not. Unfortunately the term “Time management” creates a false impression of what a person is able to do.

Time can’t be managed, time is uncontrollable and we can only manage ourselves and our use of time. That is all that can be done. Time management is actually self management.
For effective time management we need the ability to plan, delegate, organize, direct and control every aspect of our lives just to find 30 minutes a day that is devoted to something productive that is just for us.

Timeframe for Financial Goals

Thursday, January 24th, 2008

By placing a time frame on your goals you are motivating yourself to get started and helping to allow you the chance to succeed. Just remember that you can adjust the time frame whenever you want to.

Long-term goals (over 5 years) are those things that won’t happen overnight, no matter how hard you work to achieve them.
They make take a long time to accomplish (hence the reason they are called long term goals), so give yourself a reasonable amount of time, that are based on your best estimates of what it will take to achieve them.
Examples of long-term goals might include college education for a child, retirement plan or purchasing a home. Whatever the case, these goals generally require longer commitments and often more money in the end.

Intermediate-term goals (1-5 years) are the type of goals that can’t be executed overnight but might not take many years to accomplish. Examples might include purchasing/replacing a car, getting an education or certification, or paying off your debts like credit cards etc. (depending on the amount).
Short-term goals (within one year) generally take one year or less to achieve, based on the date the task is needed, the total estimated cost, and the required savings.
What are your goals? To find out, you need to make up a list, decide which timeline your goal fits into, detail the steps necessary to achieve your goals, then take action toward reaching those goals. It’s that simple.
You might be wondering where to start when deciding how to go about to start your financial goals. These are some basic tips to help you in making the best choices for you.
After looking at these tips, it is best for you to go out and do some research to find the method(s) that suit you best.
• Begin by taking 5%-10% out of each pay check and put it in a savings account
• Look into different investment strategies such as IRA’s, stocks, RRSP’s, mutual Funds, personal investments etc. There are many more and all can assist you in short and long term goals.
• Start making a budget for yourself that leaves you with some extra money and follow it
• Use your coupons that is why they are there. It seems like small savings, but add together you could save 20-30 dollars at each trip to the market
• Shop around for bargains
• Do not live outside of your means
• Work with a credit counselor to get help in lowering your monthly expenses and get rid of your debt
These are just some of the things that you can do when beginning to realize your financial goals. Of course, you also have to follow the steps in the above sections on how to successfully set goals.
The steps to setting goals successfully don’t change, only the methods that you use to go about it. By that I mean; when it is career wise, work to get noticed; for relationships, work on maintaining your intimacy or getting it back; in financial matters, work to save and invest money etc. It really is that easy.