SIX Ways to Improve Your Time Management Skills for MBA Students

Time management is an essential skill in today’s business which allows you to complete tasks, prioritise the work, and allocate the specific tasks which are required to complete the things done on time. What if you don’t have a good time management skill? It leads to stress and frustration when you can’t meet the deadlines and lets you deal with crucial team communications. However, the best colleges for MBA in Tamil Nadu provide students to improve their time management skills and ensure they get the right uninterrupted work time. In this article, MBA students can get insights into how to improve their time management skills and prepare for their future careers.

Improve your time management skills for MBA students:

Eisenhower matrix:

The Eisenhower matrix is known as the Eisenhower decision matrix. This is the ability to make efficient decisions which is the most powerful productivity approach that helps you prioritize tasks. Let’s start by categorizing the Eisenhower matrix,

Start from important and urgent tasks requiring immediate attention, which may lead to serious consequences if you fail to address them. Secondly, the tasks you categorize are based on importance but not required immediately and vice versa. This helps you to give time for required tasks and free-up time which allows you to complete important and urgent activities. This can help to focus on what truly matters and be able to make informed decisions which is to distribute your time and resources best.

Pomodoro technique:

This method’s concept is to increase your productivity and focus by performing tasks in short periods with planned stops, which will help you stay focused and avoid fatigue. These techniques follow the required tasks,

• Pick a tasks
• Set a time for 25 minutes which is called Pomodoro.
• Work on the task with full attention till the time goes off.
• Give five minutes for a short break.
• Repeat.

Time-blocking technique:

This method of managing your time is setting aside specific times of the day for different chores and hobbies. Instead of depending only on a to-do list, the aim is to manage your time more positively by setting out particular time schedules for chores.

• Start with the list of everything which you have to complete within a day or week, that includes work projects, meetings or learnings.
• Determine the time you need to spend on each activity and classify the tasks based on the time.
• Plot the time blocks you’ll need for each task and activity on your planner or calendar, making sure to allocate unbroken hours to work on them to prevent multitasking.
• Time allotted for each task and treat your time blocks as serious tasks. Be prepared, to modify your plans even if there are any immediate tasks or require times. For time blocking to be effective, flexibility is essential.

Two-minute rule:

Tasks that take less than two minutes should be finished right away rather than being put off or added to a list of things to do. The goal is to reduce the number of minor tasks which quickly add up and may cause baggage.

The tasks which can be 2 minutes or less should be addressed right away to avoid taking up excessive mental space or serving as a catalyst for procrastination. It encourages proactive task management and keeps control of your workload.

80/20 Rule:

This is called the Pareto principle which suggests that 20% of the causes or inputs and 80% of results.

A small percentage of the efforts produce a significant proportion of the consequences. Time management is one of the significant tasks of life and work where the Pareto Principle can be used.

This theory states that the majority of 80% of your intended outcomes are produced with a just percentage of your activity. As a result, you should list and rank the tasks that influence achieving your objectives.

Time-consuming and low-value tasks need either be reduced or assigned to others. You can more effectively maximize your time, energy and resources with the emphasis on crucial tasks.

Four Ds technique:

Do:  The tasks you’ll put in the “Do” category will be critical, time-sensitive, and easily finished. You should complete the task right away rather than putting it off if you can do it immediately.

Delegate: This is the process of giving critical work to someone else. By utilizing the skills and talents of others, delegation enables you to free up your time for other mandatory tasks.

Defer: When the work is important but not urgent, then use this approach. It means you can postpone the task to a deadline. Put it on your calendar which you can deal it when it is required and prevent you from being missed or forgotten.

Delete: It could be advisable to eliminate or abandon a task entirely. It won’t significantly affect your objectives or results and isn’t required to be finished. By removing unnecessary responsibilities from your schedule, you’ll be able to free up time.

Conclusion:

The above-mentioned are some of the time management techniques that they can often work on to improve their skills. Graduates of best MBA college in Madurai  and other universities let students practice these skills by providing necessary activities and tasks. However, time management strategies help the students when they continue to implement them in their daily routines. Follow any of these techniques which prepare them for a productive day and allow them to achieve their desired outcomes.