Time is the most valuable asset as it is finite in nature for every single person. As is commonly said, your time is your money. The same is true in the context of businesses. Unfortunately, plenty of MSP company leaders have not developed top-notch time management skills. Below, we detail how to best use time management skills to lead others.
Minimize and Manage Interruptions
The typical manager has an open-door policy similar to those used by college professors. The flaw with such a policy is it creates the impression that the individual in question is willing to interact with others in his or her office at any time.
The truth is most managers are incapable of seamlessly pivoting from one social interaction to another throughout the day while proving effective at their own job. Interruptions heighten stress and frustration while reducing productivity. The trick is to manage those inevitable interruptions in a prudent manner. You cannot simply shut your door and expect employees at your MSP company to view you as a legitimate leader. Find the right balance between interactions with employees and the time devoted to your workload and it will be that much easier to lead others while making the most of your time.
Some managers might find a partial open-door policy is best as it lets employees know management is accessible, yet not at every single moment of the workday. Limit drop-in conversations to 5-10 minutes. Above all, it is imperative your team understands your partial door policy, so they do not chew up too much of your time with unexpected interruptions. If necessary, set a timer for interactions so you do not let your precious time slip away in conversation that inevitably digresses away from the initial reason for dropping by. In other words, make it a point to get to the point. Cut out most of the small talk and focus on what matters when interacting with employees to maximize your limited time.
Consider the Merits of Time Mapping
Every MSP should be aware of time mapping. This essential strategy for time management involves the use of a week-at-a-glance approach that monitors how time is used. Some managers go as far as mapping out the optimal use of time well in advance. Time mapping ramps up managers’ awareness of time to ultimately facilitate decision-making that bolsters the bottom line. Try to involve team members when engaging in time mapping sessions so your team can help determine the most strategic use of the limited number of hours spent in the office.
Make the Most of Your Limited Time
You only have so much time to work with at your MSP company, especially if you have reached the management or executive level. Be hyper-aware of how you spend your limited time. Use your time prudently and it will be that much easier to lead others. Once you have perfected your time management strategies, it will be that much easier to lead others in a truly effective manner.