Hi All,
Hope you all would like reading these Management Theories on Time Management.
Management Theories/Principles
Pickle Jar Theory
“Pickle Jar Theory” uses the analogy of an empty pickle jar to think about how we use the fixed amount of time available to us each day. If we think of it as we plan our
schedule, we can get important work done while still leaving time for the small things
that makes life fun.
Theory
Imagine that you have a huge empty pickle jar (think of the largest pickles you have ever seen). Now, imagine filling the jar with large rocks. And, when you get it to the point you think it can hold no more, try adding another rock or two. Even though it seems full, you're not done yet. You’re going to now squeeze in a handful of marbles. Give your pickle jar a shake and as the rocks and marbles start to settle and create more room, add in a bit of sand. Now, fill your pickle jar to the tip-top by adding water in it.
I am sure the significance of this little exercise hasn’t escaped any of you. Each of us has many large priorities in our life, represented by the large rocks. We also have things which we enjoy doing, such as the pebbles. We have other things we have to do, like the sand. And finally, we have things that simply clutter up our lives and get in everywhere: water.
Pickle Jar Theory is all about balance. You make time for everything, and everything simply fits well where it is supposed to fit.
By first ensuring that your large priorities are tackled, scheduled, and done for the day, you can then let the smaller but less important things in until you have somehow allowed time in your day for everything you needed to do, while still relaxing and having fun.
The 80:20 Rule
Vilfredo Pareto, an Italian economist, "discovered" this principle in 1897 when he observed that 80 percent of the land in England (and every country he subsequently studied) was owned by 20 percent of the population. Pareto's theory of predictable imbalance has since been applied to almost every aspect of modern life.
When applied to work, it means that approximately 20 percent of your efforts produce 80 percent of the results. Learning to recognize and then focus on that 20 percent is the key to making the most effective use of your time.
This means that if you have a list of ten items to do, two of those items will turn out to be worth as much or more than the other eight items put together.
80 percent or 20 percent?
Here are some signs that will help you to recognize whether you're spending your time as you should:
You're in your 80 percent if the following statements ring true:
• You're working on tasks other people want you to, but you have no investment in them
• You're frequently working on tasks labeled "urgent"
• You're spending time on tasks you are not usually good at doing
• Activities are taking a lot longer than you expected
• You find yourself complaining all the time
You're in your 20 percent if:
• You're engaged in activities that advance your overall purpose in life (assuming you know what that is — and you should!)
• You're doing things you have always wanted to do or that make you feel good about yourself
• You're working on tasks you don't like, but you're doing them knowing they relate to the bigger picture
• You're hiring people to do the tasks you are not good at or don't like doing
• You're smiling
From India, Pune
4Hope you all would like reading these Management Theories on Time Management.
Management Theories/Principles
Pickle Jar Theory
“Pickle Jar Theory” uses the analogy of an empty pickle jar to think about how we use the fixed amount of time available to us each day. If we think of it as we plan our
schedule, we can get important work done while still leaving time for the small things
that makes life fun.
Theory
Imagine that you have a huge empty pickle jar (think of the largest pickles you have ever seen). Now, imagine filling the jar with large rocks. And, when you get it to the point you think it can hold no more, try adding another rock or two. Even though it seems full, you're not done yet. You’re going to now squeeze in a handful of marbles. Give your pickle jar a shake and as the rocks and marbles start to settle and create more room, add in a bit of sand. Now, fill your pickle jar to the tip-top by adding water in it.
I am sure the significance of this little exercise hasn’t escaped any of you. Each of us has many large priorities in our life, represented by the large rocks. We also have things which we enjoy doing, such as the pebbles. We have other things we have to do, like the sand. And finally, we have things that simply clutter up our lives and get in everywhere: water.
Pickle Jar Theory is all about balance. You make time for everything, and everything simply fits well where it is supposed to fit.
By first ensuring that your large priorities are tackled, scheduled, and done for the day, you can then let the smaller but less important things in until you have somehow allowed time in your day for everything you needed to do, while still relaxing and having fun.
The 80:20 Rule
Vilfredo Pareto, an Italian economist, "discovered" this principle in 1897 when he observed that 80 percent of the land in England (and every country he subsequently studied) was owned by 20 percent of the population. Pareto's theory of predictable imbalance has since been applied to almost every aspect of modern life.
When applied to work, it means that approximately 20 percent of your efforts produce 80 percent of the results. Learning to recognize and then focus on that 20 percent is the key to making the most effective use of your time.
This means that if you have a list of ten items to do, two of those items will turn out to be worth as much or more than the other eight items put together.
80 percent or 20 percent?
Here are some signs that will help you to recognize whether you're spending your time as you should:
You're in your 80 percent if the following statements ring true:
• You're working on tasks other people want you to, but you have no investment in them
• You're frequently working on tasks labeled "urgent"
• You're spending time on tasks you are not usually good at doing
• Activities are taking a lot longer than you expected
• You find yourself complaining all the time
You're in your 20 percent if:
• You're engaged in activities that advance your overall purpose in life (assuming you know what that is — and you should!)
• You're doing things you have always wanted to do or that make you feel good about yourself
• You're working on tasks you don't like, but you're doing them knowing they relate to the bigger picture
• You're hiring people to do the tasks you are not good at or don't like doing
• You're smiling
From India, Pune
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