Executive Time Management: How Time Management Changes As You Move From Middle Management To The VP/C-Suite Level
By the time you reach the upper
tiers of management, you'll
certainly be an expert at organizing
and managing your work day—but
you'll soon realize that things work
a little differently at the C-Suite
level. In particular, how you use
your time and who you give it to
undergoes significant changes.
Priorities and responsibilities
shift; sometimes subtly, often
radically. There's much more to do,
and the ante is higher: your actions
impact the organization in ways
undreamt of before.
The modern business environment
demands exceptional leadership, so
you have to do whatever's necessary
to enhance productivity and
efficiency at all levels. Not least
, you need to be able to juggle
multiple projects without getting
bogged down, while simultaneously
balancing customer, employee, and
shareholder demands. You must also
be willing to make the
organizational changes necessary to
facilitate these aims. All this
requires a high level of
intelligence, energy, and discipline
that sets you above the rest of your
organizational hierarchy.
To accomplish these ends, you'll
also need to employ time management
techniques superior to the everyday
methods you mastered before you
ascended to the C-Suite. If you can
develop them, then you can maintain
control over your own destiny;
otherwise, you're likely to be
overwhelmed or, worse, swept aside
as success passes you by.
Let's look at ways that you can
avoid those fates.
Don't Overdo It
I'll start out with a point that
some execs never seem to understand:
working long hours isn't good
enough. You wouldn't be where
you are today if you weren't
dedicated to the job and the
organization; that should be
self-evident. You don't have to kill
yourself to prove it.
And I mean exactly that. In Japan,
there's an entrenched tradition of
working superhuman amounts of unpaid
overtime, more to demonstrate
company loyalty than to enhance
productivity. It also drives high
levels of "karoshi," literally the
practice of working yourself to
death. This isn't unique to Japan;
many Westerners, especially at the
executive level, have the same
problem.
As much as I hate to use a tired
cliché, you really do need to work
smarter, not harder. Your goal
shouldn't be to outwork the other
guy. Get a handle on what's really
important in your organization, and
focus on that; don't just push and
push and push until you fall over.
Working too many hours is
demonstrably counterproductive,
because it results in decreased
productivity. Studies have
repeatedly shown that a 60-hour work
week results, on average, in a 25%
decrease in productivity. The
productivity numbers just get worse
as the number of work hours
increases.
The lesson here? People aren't
robots. Long hours lead to physical
and mental fatigue. This results in
slower work, more mistakes, and
wasted time. It may also lead to
depression, which can spiral out of
control if left untreated—which is
often the case, because the person
affected is too busy to take care of
it. In recent years, there's been an
alarming rash of suicides at the
C-Suite level.
As it turns out, the old forty-hour
work week wasn't chosen at random.
It was struck as a compromise, as
the best balance between
productivity and overwork. Now, it
may be that a forty-hour week is an
impossibility for you, or that you
function well with a more demanding
schedule. That's fine, as long as
you're aware of the signs when you
do start burning out, and are
willing to do what it takes to
short-circuit a drop in performance.
At the very least, you need to stop
striving for perfection, stop trying
to do everything in one day—and
remember that there's more to life
than work. You need to enjoy
yourself, and your family, while you
can.
Incidentally, it's a lot easier to
manage your time and accomplish your
goals if you feel good. You'd take
care of any other tool, wouldn't
you? So be sure to exercise
regularly, eat right, get enough
sleep, take breaks, and give
yourself time off to recharge. And
for heaven's sake, take your
vacations!
Tighten It Up
One of the biggest excuses
executives cite for not getting
their work done is that people just
won't leave them alone. The phone
never stops ringing, the emails come
in like clockwork, people are always
approaching them to ask permission
for this or that, and they have to
run around and put out brushfires
all day. By the time they get around
to the big responsibilities, they're
tired and distracted, and can't
concentrate.
If this describes you, then you need
to tighten up your personal
availability. To heck with that open
door policy; it sounds good, but how
are you ever going to accomplish
anything? What you really need is at
least one layer between yourself and
the people below you in the company
hierarchy. It's not particularly
egalitarian, but it's necessary in
an organization with a command
structure, so that you can
accomplish things with regularity
and precision.
Your "dragon at the gate" should
consist of at least one hard-nosed,
experienced administrative
assistant, and a full staff of them
as necessary. The idea is to screen
interruptions of all types, so their
flow is slowed to a trickle by the
time they get to you. The only
interruptions you should be wide
open to are those from your
superiors.
You'll still have calls and emails
to answer, so you'll need to learn
to do so efficiently. Do your best
to deal with them in a single block
of time, and make your
communications short and sweet.
Always keep an eye on the clock.
Instead of asking the people you're
communicating with leading questions
like, "How's it going?", which can
involve a longer answer than you
have time for, get straight to the
point: "How can I help you today?"
In addition, you'll need to
establish boundaries for meetings,
and stick to them. We all know how
meetings can wreck productivity by
proliferating and dragging on. Don’t
let them. Establish stringent
guidelines for the meetings you'll
attend and how long they'll last.
In general, you need to be vigilant
when it comes to your time, so other
people won't steal it away
piecemeal. In addition to the above
factors, set specific times when
you're not to be disturbed—and learn
to say no and make it stick. If
possible, leave enough flexibility
in your schedule for crises and
emergencies, but not too much.
All this may seem difficult to
implement, and it may seem selfish
from the outside—and maybe it is.
But if you give everyone and
everything a minute when they demand
one, they'll eat you alive, and
you'll have no time left for what
truly matters...whatever that may be
in your case.
Get Your Priorities Straight
Once you've tightened up your time,
establish priorities for yourself
and your organization. This will
probably require that you first sit
back and reflect on both your
day-to-day activities and your
long-term goals—the kind of thing
that overworked executives hate,
because it robs time from their busy
schedules. But I assure you, this
practice will pay serious dividends
down the road.
As a proven expert on the basics of
time management, you know that
you'll need to focus on the big,
important stuff first, while pushing
the less important items to the
bottom of the stack. One way to
strengthen your focus on what's
important is to refer back to the
classic four-quadrant Time
Management Matrix. You remember the
one I'm talking about. It goes
something like this:
Quadrant A: Important and
Urgent
Quadrant B: Important and Not
Urgent
Quadrant C: Urgent and Not
Quadrant D: Neither Urgent
Nor Important
That concept still works in general
at the uppermost levels; however,
like so many other things, your
emphasis on what's important must
change when you transition to
top-tier management. The key here is
to shift your primary focus from
Operational Time to Strategic Time,
which means that you should start to
pay much more attention to items
traditionally belonging to Quadrant
B. Here's how your priorities should
be ordered henceforth:
Priority 1: Strategic Goals
• Long term planning
• Values clarification
• Relationship building
Priority 2: Operations
(Tactical)
• Everyday management
• Development and refinement of
systems and processes
• Most customer service
Priority 3: Time Sensitive
• Deadlines
• Crises
• Pressing issues
Priority 4: Trivial items
• Time wasters
• Micromanaging
• Busy work
All that should really matter to you
are Priorities 1 and 2. Of these,
you need to spend the lion's share
of your time on strategic issues,
planning and implementing the things
that make the company the most money
over the long run. Priority 2,
Operations, should be delegated as
much as possible; these are the
things that you should oversee, but
not have a day-to-day hand in
managing. Priority 3 issues are the
kinds of brushfires you shouldn't
handle at all, and as for Priority 4
items, just jettison them
altogether.
Once you've got that straight,
hammer on the big stuff first, and
think deeply about what it will take
to clear the path from here to
there, so that everything comes
easier and quicker. Now, you can't
plan for everything that you and
your organization will face, but
you'll still need to develop an
understanding of all the big picture
possibilities, and have at least
generalized procedures in place to
handle whatever obstacles,
challenges, and problems may arise.
Delegate, Delegate, Delegate
This is a basic tenet of time
management, but it's more important
at the C-Suite level than ever
before. At your pay scale, you
shouldn't be doing anything
that someone at a lower pay scale
can do. So focus on those high-value
tasks that you do best, and leave
everything else to others. This is
the very heart of delegation.
As you consider your schedule, ask
yourself these questions about each
of your tasks:
1. Is this the best use of my time
right now?
2. What's the impact of this task?
3. Am I the best person to perform
this?
You shouldn't be running around
putting out brushfires all day; your
time is too valuable. This is one
reason why it's critical to hire
good administrate assistants; not
just to bar people from wasting your
time, but to help you stay organized
and prioritized. Good lieutenants
like these are invaluable, so pay
them well and treat them right.
When you do assign a task to someone
else, remember to delegate, not
abdicate! Don't just dump work on
someone and walk away. Keep an eye
on their progress, but at the same
time, give them room to work; avoid
micromanagement at all costs.
Empower people within their
positions, and trust them to do
their jobs with minimal oversight.
If they don't perform, then
make changes.
You accomplish this level of
efficiency by building effective
systems and organizational
structures that can function with or
without your input. Once you've done
this to your satisfaction, you can
stop drowning in detail, focusing on
other matters that require your
attention while everyone else takes
care of the infrastructure. Sure,
keep an eye on the systems, but
don’t obsess over them. Let other
people handle the day-to-day
details. Give them the power and
privilege to make decisions at all
levels, and keep them well-informed
so they can.
In Conclusion...
Needless to say, I could write a
book about how to maintain a good
C-Suite time balance—and I'm sure
it's been done. However, I feel that
the topics outlined above provide at
least a general framework to help
you understand and adapt to the time
management changes you'll encounter
as you move from middle management
to the top ranks. It all boils down
to taking care of yourself,
tightening access to your time,
organizing your priorities, and
shedding the tasks that other people
can do just as well. All this is
critical if you expect to maintain
an enjoyable life and avoid killing
yourself from overwork. Work is an
important part of your life, but it
shouldn't be all of it.
You can do this. You're already an
expert at managing your time. Just
adapt these concepts to your new
circumstances, and after the initial
transition phase, it'll be smooth
sailing from then on.
Make it a productive day! (TM)
(C) Copyright 2010 Laura Stack. All rights reserved.
© 2011 Laura Stack. Laura Stack is a personal productivity expert, author, and professional speaker whose mission is to build high-performance productivity cultures in organizations by creating Maximum Results in Minimum Time®. She is the president of The Productivity Pro®, Inc., a time management training firm specializing in productivity improvement in high-stress organizations and the 2011-2012 President of the National Speakers Association. Since 1992, Laura has presented keynotes and seminars on improving output, lowering stress, and saving time in today’s workplaces. She is the bestselling author of four books: SUPERCOMPETENT; The Exhaustion Cure; Find More Time; and Leave the Office Earlier. Laura has been a spokesperson for Microsoft, 3M, Xerox, and Office Depot. She is the creator of The Productivity Pro® planner by Day-Timer and has been featured on the CBS Early Show, CNN, and the New York Times. Her clients include Starbucks, Cisco Systems, Wal-Mart, and Bank of America. To have Laura speak at your next event, call 303-471-7401 or visit www.TheProductivityPro.com to sign up for her free monthly productivity newsletter.