Time is Money

Ask any professional what resource is most precious, and we guarantee you 9/10 will say “time”. Modern workers are pulled in a million different directions at any given moment, making every minute valuable. In any office, there are certain tasks that are notorious for their time-wasting nature. But which ones are the top culprits? Here is what the numbers tell us:

Meetings: We’ve all been there. Cooped up in the back of a conference room, staring off into space, thinking of a million different ways your time would be better spent. It’s no surprise then that 47 percent of professionals cited excessive meetings as their top time-waster.

Busywork: Busywork is the bane of many a professional’s existence. From filing lengthy paperwork to updating old files, these tasks have no real purpose and can leave workers feeling frustrated. Over 20 percent of professionals claimed that unproductive work tasks eat up a considerable chunk of their limited time.

Socialising: Unlike busywork or boring meetings, this time-waster can be pretty fun, but it eats up work minutes all the same. Of professionals, 14 percent reported that socialising in the office is a considerable waste of their time. While casually chatting up your peers can be a great thing in moderation, employees need to make sure it’s not cutting too deep into their work time.

Computer Glitches: Unsurprisingly, pesky IT problems are seen as a substantial time-waster for workers, and 11 percent of professionals cited computer glitches as the primary reason for wasted time during the workday.

Tackling Time-Takers
All of the problems mentioned above represent a specific problem. So, are there any ways to address time-wasting as a whole in a more general way? We came up with four quick tips.

For starters, professionals need to begin with holding themselves accountable. Track what you do on typical workday. Is there a lot of time being spent of wasteful activities? Where could you afford to cut some corners? Consciously tracking these things can help you better notice when you are wasting time in the future.

While this many not apply to all of the above time-wasters, meetings are a big player in the time-wasting game. Therefore, professionals should set strict meeting parameters when possible. Start this process before the meeting is even set by asking yourself: Is this meeting really necessary? If it is, create hard time stops when permissible and try to stick to them. This will prevent meetings running long unless there is a valid reason.

When possible, organisations should try and break down the bureaucracy. Traditional organisational structures often hinder meaningful action by making the path to decision-making unnecessarily complicated. Ditching this standard hierarchy – within reason – can free up a lot of time otherwise spent on approvals.

Lastly, professionals should always have a second plan. Create a running to-do list in case of emergencies. Your computer is experiencing glitches? Turn to the list and get started on some outstanding tasks. This will help clear up some of your pesky backlog and ensure that while things are in a lull you are still staying on task.

Here at Mimeo, we understand that the saying “Time is money” is no joke. Because of this, we put an increased focus on saving our clients time whenever and wherever possible. To learn more about how Mimeo’s services can help you save some valuable time, visit www.mimeo.co.uk today!

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