time mgmnt & change mngmt
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TIME MANAGEMENT
Meaning
Development of tools and processes that
increase efficiency and productivity It means managing the time to waste less time
to do what have to be done so there is more
time to do what is wanted to be done
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TIME MANAGEMENT MATRIX
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TIME MANAGEMENT-ILLUSTRATION
1. Repairing relationship
2. Quickly train employees because
of inadequate job knowledge
3. Breakdown maintenance
1. Building relationship
2. Provide professional
development
3. Do routine maintenance
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TIME MANAGEMENT STRATEGIES-FOCUS ON PRIORITIES
Time Management Matrix is a time
management tool which helps to learn and
apply the following:-
To set a clear goal and thereby helps to be focused and
save time
To drop things that are not important
To overcome procrastination
To set up a time management schedule
To know our time-wasters
To practice delegation
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Time Management tools & techniques
Start with a commitment to change
To plan and protect the planned time
Diplomatically managing the expectations of others
Conditioning the environment rather than
allowing the environment to condition you. To find and introduce different ways of doing
things
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Time Management Strategies
Set Objectives
Prioritize task
Get Organized Stop Procrastinating
Block Out Time
Learn to Delegate
Plan everyday
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Benefits of Time Management
Helps to identify the needs in terms of itsimportance and matches them with the time
and available resources
It improves the task of accomplishment, costsavings, satisfaction, reduced stress
Helps reduce wastage of time and thereby
increases productivity
Increases predictability and reduces chances
in slippage of task
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CHANGE MANAGEMENT
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DEMING WHEEL/CIRCLE
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Elaboration of DEMING WHEEL PLAN to establish objectives and process to
get the expected output.
DO to implement the process often on a
small scale if possible
CHECK measure the new process and
compare the results with the expected output
to determine if there is any variance
ACT- to analyze the difference in order todetermine the cause for the same. Refine the
scope to which PDCA is applied until there is a
plan that involved improvement 11
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Look at the roster of the 100 largest U.S. companies at thebeginning of the 1900¶s. You¶ll find that only 16 are still in
existence.
Then consider Fortune magazine¶s first list (published in
1956) of America¶s 500 biggest companies. Only 29 out of the 100 firms topping that first ³Fortune 500´ could still
be found in the top 100 by 1992.
During the decade of the 1980¶s, a total of 230 companies
± 46% - disappeared from the ³Fortune 500´.
In this decade only 30% are expected to be within the top
500.
Obviously, size does not guarantee continued success.
Neither does a good reputation.
P ACE OF CHANGE
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PEOPLE
TECHNOLOGY
LEVERS ofCHANGE
PROCESS
CUSTOMER- Soaring expectations
- Satisfaction
COMPETITION- New challenges
- Constant pressure
SHAREHOLDERS- Sustained results
- ROI
ENVIRONMENT- Excellence
- Efficiency
- New ways of working
- Pace of change
CONTEXT OF CHANGE
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ECONOMICTECHNOLOGICAL MARKETDYNAMICS
BUSINESSMODELS
Globalization of markets and competition.
Ever increasing demands and expectations of theCUSTOMER.
More
threats
More
opportunities
CHANGE is imperativeto overcome the threats and/orcapitalize on the opportunities
FORCES DRIVING THE NEED FOR CHANGE
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PREP ARE ADAPT
UNDERSTAND
LEVERAGE
P HASES OF CHANGE
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ANTICIP ATIVE
REACTIVE
CRISIS
COST (tangible)
EFFORT (intangible)
COST / EFFORT TO CHANGE
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Exercise on Attitude for Change
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Mindset & Attitude
Willingness to constantly Learn and Adapt
Skills & Competencies
Execution
K EY SUCCESS FACTORS TO LEVERAGE CHANGE
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A fixed mind-set is a barrier to creative
thinking
Past success is no guarantee to future
prosperity
Keep an open mind
LEARNING P OINTS