<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=349935452247528&amp;ev=PageView&amp;noscript=1">
Search
word-map-thumb

The Alternative Board Blog

A Quick Guide to More Efficient CEO Time Management

Jun. 27, 2018 | Posted by The Alternative Board

Most CEOs and business leaders understand on a gut level that there aren’t enough hours in the day to get everything done. They also know that time, (and the management of their time!), probably the most valuable resource of all, gets wasted far too often. This leads to frustration, a sense that too little gets achieved, and other morale-sapping experiences.

But there’s always room for improving one’s time-management skills. Here are tips towards that goal that can leave you feeling more productive at the end of the day:

Distractions? Just say “no.” We live in an era of distractions, but that doesn’t mean a CEO or business owner should waste precious hours flitting through Facebook, Twitter or other social media diversions. The ROI on this activity is near-zero and the alternative—leveraging that precious time into building your company—should be motivation enough to put down your mobile device and focus. Emails are another constant distraction, most often something you can attend to at the end of (or the very beginning) of the day.

The first step to setting aside these digital distractions is turning off notifications that announce a new post or email has just come in. This alone will guide the way towards better focus on what’s truly important.

Get your priorities in order. Speaking of “important,” there’s a common confusion between work that’s urgent, versus what’s genuinely important. CEOs and business leaders complain about spending all day “putting out fires,” which often is just another way of saying, “That’s another day down the drain.”

As Lisa Evans at Fast Company notes, “Urgency is sometimes used as an excuse to put off doing something which is more important but also more difficult.Better to maintain focus on your true priorities “and before beginning any task, ask yourself, ‘How does this task serve my priorities and bring me closer to my vision?’”

Get out of the “multitask mindset.” Yes, in theory, “multitasking” sounds like what every business leader should be doing. In practice, however, when you split your attention between two or more differing activities, the end-result is often less than what you would get from staying with one task at a time.

Identify what’s genuinely important and focus your attention there. In the end, you’ll find yourself achieving more and seeing more impressive results for your efforts.

Practice better delegation. Especially for entrepreneurs who rise to the ranks of CEOs, there’s often a nagging sense that “I can do this [insert task] better than the people who work for me.” If that’s true, you’re probably hiring the wrong people. Assuming, on the other hand, that you consistently make good hires, let the talented men and women who work for your company expand their skills and responsibilities. Free up your own time by becoming a better delegator. The more tasks others can take on, the more time you have for keeping your focus just where it should be—on growing the business.

Schedule some free time. As overscheduled as you may be, it’s a good idea to add a “free” hour or so to your schedule from time to time. “If you plan every day down to the second,” says Square, “you’ll never have time for unexpected challenges … and opportunities.” Having a few moments free of the challenges of leadership can also reinvigorate you for what lies ahead, thus making far better use of your time.

TAB offers great additional advice for CEOs and business leaders. Check out our popular webinar and learn how you can gain up to 10 extra hours a month.

 

Read our 19 Reasons You Need a Business Owner Advisory Board

DOWNLOAD

Written by The Alternative Board

Related posts

A Guide For CEOs —11 Ways To Make An Impact In Your First 90 days
Jul. 13, 2021 | Posted by The Alternative Board
Your first 90 days as CEO will set the tone for your entire tenure in the organization. Therefore, this is a crucial time, and the goal is to establish your credibility and trust, so the team and the...
Tuna not Perch- Pursuing Significance
Jul. 13, 2021 | Posted by Jim Gerberman
It's hard to imagine a more difficult time for being an effective business leader. Correspondingly, finding significance in what we do has never seemed more fleeting...and, necessary. As we all...
A Guide to Finding the Right Peer Advisory Group For Your Needs
Jul. 6, 2021 | Posted by Phil Spensieri
As business leaders, we all know it can be “lonely at the top”. This is one of the key reasons that so many entrepreneurs seek out a peer advisory group - an organization whose main purpose is to...
13 Lessons In What NOT To Do In Your Business
Jun. 9, 2021 | Posted by The Alternative Board
There are many things successful business owners consciously steer clear of while going about running and growing their business. We asked 13 TAB members what they believe entrepreneurs should...
Let Employee Recognition Drive Your Culture
Jun. 4, 2021 | Posted by The Alternative Board
All businesses claim to value their employees and to be committed to a culture that recognizes and rewards employee achievements. But success in this effort may be elusive, particularly if employers...
14 Habits Of Highly Successful Business Owners
May. 21, 2021 | Posted by The Alternative Board
Success doesn't happen by chance. Highly successful entrepreneurs share many habits, and they often incorporate small practices into their daily routine. We asked our TAB members what habits have...
Use Your Company Culture as a Competitive Advantage
May. 18, 2021 | Posted by The Alternative Board
Every business needs a competitive edge, whether it’s in the quality of their products or services, their dedication to customers, or some other aspect they can leverage to outdo their competitors....
When the Time Comes to Fire a Family Member
May. 11, 2021 | Posted by The Alternative Board
Terminating an employee isn’t something business owners and CEOs relish. When the situation demands some drastic action, however, it’s necessary to follow through for the good of the business. The...
17 Essential Traits of Successful Entrepreneurs - Part 2
May. 10, 2021 | Posted by The Alternative Board
In our last post, we began to review 17 Essential Traits of Successful Entrepreneurs. Here we will continue looking at additional great tips from the TAB community.  #8 Endurance in the face of...
17 Essential Traits of Successful Entrepreneurs - Part 1
May. 10, 2021 | Posted by The Alternative Board
While a great idea and some capital may be essential for a successful business, the most critical ingredient for a successful venture remains the entrepreneur. This is why many successful venture...