TIME MANAGEMENT AS A TOOL FOR INCREASING THE EFFICIENCY OF USING WORKING TIME IN THE CONDITIONS OF MODERN BUSINESS
Abstract
This study explores the critical role of time management in contemporary business and its impact on both individual and organizational productivity. The article highlights various established and contemporary time management techniques, such as the Pomodoro Technique, Eisenhower Matrix, ABCDE prioritization method, and time blocking, discussing their specific applications in business. Additionally, it examines how delegating tasks and utilizing outsourcing can alleviate workload pressure on leaders and focus resources on strategic goals. The effectiveness of time management techniques lies in their capacity to structure tasks, prioritize objectives, and avoid distractions, ultimately leading to a marked improvement in team coordination, work environment, and productivity. Furthermore, this study considers the impact of time management practices on employee well-being and organizational climate. Structured tasks and clear priorities reduce stress and prevent overload, fostering a positive work atmosphere that enhances team morale. Effective time management not only optimizes individual output but also minimizes the risk of conflicts, confusion, and miscommunication, thus creating an environment conducive to teamwork and productivity. However, the integration of time management in business faces challenges, particularly with the rise of digital distractions and information overload. Constant interruptions from emails, social media, and online notifications pose a significant barrier to maintaining focus, especially for remote workers balancing personal and professional responsibilities. Additionally, the perception of multitasking as a desirable trait often detracts from productivity, as frequent task-switching disperses attention, delays task completion, and increases error rates. This article thus addresses both the advantages and limitations of time management within the context of modern digital workspaces. In conclusion, time management stands as a critical strategic tool in modern business, promoting efficiency, reducing operational costs, and enabling adaptability in a highly competitive market. As organizations continue to face rapid changes and technological advances, the structured and thoughtful application of time management techniques can help them remain resilient, effective, and aligned with their strategic objectives.
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