It's hard to know how the pandemic and the associated shift to more remote and hybrid working will affect work–life balance and stress levels in the long term. I know people who find working from home to be stressful and less productive, with the distractions of family life (not to mention that feeling that they can never really “switch off” from work at the end of the day). For others, it's a big improvement on the demands of traveling to and from the office every day, allowing them to focus more on getting the actual work done. I'll be interested to see future studies on the link between remote working, productivity, stress, and time management.
What's clear now is that time management is just as important as ever. Whether you work from home, work full-time in an office, run your own business, or work for an organization, the ability to manage your time effectively is essential for your workplace performance and, frankly, your mental health (see Chapter 20 for more on looking after yourself). It's especially important in this age of fast-paced work, information overload, and constant distractions from email and app notifications.
Time management is the ability to use your time efficiently and productively, especially in a work context. Achieving this in practice often requires planning your time and thinking strategically about how best to spend your time—but more on that coming up later in the chapter.
As we saw in Chapter 11, the traditional nine-to-five, five-days-a-week working pattern doesn't exactly reflect our capacity for productivity, because the average person is productive for less than three hours a day. In other words, that colleague who stays later than everyone else isn't necessarily getting more work done (probably the opposite is true).
Recognizing this, time management is about working smarter rather than working harder or longer. Someone who is great at managing their time will know when they're at their most productive and use that time wisely, reserving the less-productive hours for other tasks (or nonwork passions). In this way, time management is all about creating a better work–life balance. After all, your time is a precious—and finite—resource.
Some companies have really taken this to heart and are starting to introduce four-day workweeks. Unilever is one such company. In New Zealand, Unilever is trialing a radical approach where employees work four days a week but get paid for five days. The approach is based around the 100:80:100 logic, in which people keep 100 percent of their salary, work 80 percent of the time, and still deliver 100 percent of their output. If the trial is successful, Unilever says it will extend the initiative to other offices around the world.1
Even entire countries are transitioning to a four-day workweek as standard. Iceland trialed this approach between 2015 and 2019 and dubbed the trial an “overwhelming success.” Today, 86 percent of Iceland's workforce is already working fewer hours (without taking a pay cut), or will be entitled to do so.2 Best of all, productivity levels at the companies involved in the trial either stayed the same or improved—showing that productivity isn't about how much time you spend working, but how you spend that time.
There's often a conflict at the center of time management—and that conflict is all about self-control and motivation. Think of it as having an angel on one shoulder and a devil on the other. The angel motivates you to get a certain task done, while the devil is constantly coming up with reasons to put it off. Managing your time effectively is a question of which one is most persuasive—the angel or the devil. And this may be influenced by various internal and external factors.
Of course, we all know deep down that time management is about having the self-control to get things done and not to procrastinate. But the reality isn't that simple, since most of us are still guilty of procrastinating at some point or other. Why is procrastination so tempting? Why do we listen to that voice telling us that it's okay to put something off, even when we know it doesn't serve us?
Research shows that the various reasons why we procrastinate fall into two camps: demotivating factors and hindering factors.3 Examples of demotivating factors might be fear of failure, anxiety, perfectionism, or simply not wanting to do the task because it's unpleasant. And hindering factors might include things like being exhausted, having goals that are too vague, or when the reward for the task is too far in the future. These are hindering factors because they literally hinder our motivation. And when our motivation is weakened, it's more likely to be outweighed or overpowered by any demotivating factors. As a result, the balance tips in favor of procrastination.
This is a simplistic summary—the psychological mechanisms behind motivation and the reasons for procrastination are obviously more complex and varied than this. But it goes to show that time management is often a case of making sure your motivation—which may or may not be hindered by external factors—outweighs any demotivating factors. The good news is there are plenty of practical strategies to keep your motivation up, avoid procrastination, and make the most of your time. More on this coming up later in the chapter.
I don't think I need to work hard to sell you on the benefits of time management. You're probably well aware of how good it feels when you manage your time efficiently, and how stressful it can feel when you don't.
Perhaps the best way to illustrate the importance of time management is to talk about what happens when we get it wrong. Some of the results of poor time management include:
On the flip side, if you can manage your time well, you can expect the opposite effects: eliminating (or reducing) the tendency to procrastinate, being more efficient and productive with your time, feeling in control and lowering your stress levels, having more time for nonwork passions, nailing your deadlines, and strengthening your reputation as a person that can be trusted to get the work done on time and to a high standard. Remember those lucky Icelanders who had transitioned to working fewer hours, for the same salary, while still getting the same (or more) work done? Workers involved in the trials reported feeling less stressed and at lower risk of burnout, and that their health and work–life balance was better. And they had more time to indulge in family life and hobbies.
Bottom line, time management helps you work smarter, so that you get the best out of your working life and, you know, life life.
It's no wonder that good time management is one of those soft skills that's perennially included on lists of most important or most desirable skills. But that's not the reason I've included it in this book. I've included it because it feels as though the nature of modern work and life is almost setting us up to fail from a time management perspective. We have apps that constantly ping with notifications, actively trying to draw us in so we spend more and more time on them (see digital addiction, Chapter 4). We have the pressures of juggling work and family life—which, especially for many women, can mean a huge amount of behind-the-scenes emotional labor to keep family life ticking along smoothly. We have emails flying into the inbox long into the evening, leaving many people feeling like work is constantly expanding into nonwork time. Life just feels faster and more demanding.
All this means we're at risk of those demotivating and hindering factors I mentioned earlier outweighing our motivation to get things done. Which is why we all need practical strategies to manage our time efficiently.
Let's explore how individuals and organizations can enhance their time management skills and work smarter:
I highly recommend business leaders invest in time management training for their teams to instill good practice across the organization. But it's also important to recognize that productivity (and productive hours) will look very different from person to person, meaning you should give people the freedom and flexibility to work however and whenever they work best. You may even consider going as far as implementing a four-day workweek (while still paying people for five days), which has been shown to deliver benefits for work–life balance, productivity, and stress.
For managers, I recommend asking people within the team when they're most productive and focused, so that you can leave people alone during those times and, where possible, schedule things like catch-ups and team meetings for less focused hours.
To recap the key points on time management:
While every chapter in this book is a vital future skill, we're about to move onto a subject that I'm especially passionate about: curiosity and continual learning.
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