Thursday, June 12, 2014

Can One Time Management Tip Save Your Company Moola?

The answer is a resounding, "Yes!"

It's common knowledge among my colleagues that many decision makers consider employee training a cost vs. an investment. Yet it can be proven with many scenarios that training can actually save a company money...and in fact that even just 1 tip or how-to can achieve that!

Here's a great example:

One of the most popular workshops I teach across the country is Organizational Skills for the Overwhelmed. (I love that title!)

When I begin the workshop I usually go through a discussion of what the participants want to get out of the day.  One of the most popular needs it dealing with interruptions from other co-workers.

Though there are many ways to approach is, I give a 4 step process that is tactful, controlled and easy to implement.

As I've been teaching this, we've been calculating how time would be saved (or I say recaptured for reallocation) if this were implemented.  People are amazed when they do a calculation what that can translate into over a period of a month or even a quarter.

One participant in my class indicated he would not only recapture that time, but also help other team members save time as well.  But for the sake of the exercise, we just worked his numbers.

Ok, he indicated he would save on average 1 hour a day x 5 days in his work week = 5 hrs x 4 weeks = 20 hrs (that 2.5 days for the month)....over the course of 1 quarter? (20 hrs a mth x 3 mths = 60 hrs divided by an 8 hr. day = 7.5 days a quarter x 4 quarters in a year?....30 days...that's 1 work month and a week!!! Wow!!....just from him learning and implementing that 1 tip.

Additionally, this affirms the premise of the the power of 1 and the 1% edge. It's doesn't take a lot of money and time to impact a company's bottom line and for employee training and development to positively impact company revenue. you want the tip? it is - Managing Interruptions

The 1% Edge - The Workbook - Power Strategies to Increase Your Management Effectiveness

1 comment:

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