Skip to main content
AnalyticsIconixx Insights BlogIncentive Compensation ManagementSalary Planning

Time management leads to better work output

By November 3, 2013June 11th, 2024No Comments

Time management and stress have long gone hand in hand and are often a part of everyday life. Those concepts are only further exacerbated when carried over into the workplace, where the consequences for missing deadlines can mean being reprimanded and may even have a life-threatening impact on one’s health.

According to Web MD, stress in the office is a source for anxiety in nearly 40 percent of working Americans, with 25 percent reporting that the No. 1 stress factor in their lives is found at work. As heart disease continues to be the primary killer in America, the Mayo Clinic warns that unresolved stress is a high risk factor for contributing to various disorders related to the cardiovascular system, including heart attacks.

That’s why now more than ever it is imperative for companies and their workers to engage in better time management and stress-reducing practices to a ensure consistent, quality work product.

Here are a few tips to relieve stress through time management at work:

Work smarter, not harder
According to Forbes, it is always preferred to be looking for better ways to do things faster and accomplish multiple goals at once. However, it’s important not to take shortcuts that sacrifice the quality of work for the sake of saving time.

Set priorities and say no 
By setting priorities, however few, at the beginning of each day, employees set themselves up for success. These priorities are on the list for a reason and their importance requires diligent work that should not be interrupted. That’s why workers who prioritize should also be prepared to say “no” to outside requests or anything else that may deter or distract them from their course.

How business analytics software helps
Companies that utilize programs such as business analytics software aggregate raw data into charts and tables that can provide a snapshot of how time is being spent at work in various departments, by employee or by task. When used with incentive compensation software, employees can plug numbers into a calculator that allows them to manage priorities and account for what they need to accomplish in order to achieve certain bonuses or promotions. This management software relieves some of the pressure from employees as they can begin to draft an idea of what their work schedule should entail and can project advanced financial goals.

Companies and workers who practice these tips are likely to produce better work at a more efficient pace.

Leave a Reply

×
Ballast Point Ventures

Ballast Point Ventures is a later-stage venture capital fund established to provide expansion capital for rapidly growing, privately owned companies in diverse industries, with a particular emphasis on companies located in Florida, the Southeast, and Texas. The BPV partners have more than 70 years of combined experience investing in and building high-growth companies in a number of industries, including healthcare, business services, communications, technology, financial services, and consumer goods. BPV has $200 million under management and seeks to make equity investments ranging from $3 million to $10 million.

×
Harbert Management Corporation

Harbert Management Corporation seeks to generate superior returns for their investors by identifying and investing in the most promising early growth stage companies in the Southeastern U.S. HMC seeks to capitalize on what it believes are compelling regional dynamics, such as a strong and fast-growing economy, significant research and development activities, and an established entrepreneurial community. The HMC team combines substantial investment, advisory, and operating experience with capital and networking contacts to support great entrepreneurial teams in successfully executing their growth plans. With offices in Birmingham, Alabama; Richmond, Virginia; and Gainesville, Florida, it’s well positioned to partner with entrepreneurs throughout the Southeast.

×
KBH Ventures

KBH Ventures was an early investor in Iconixx Software. KBH's investment philosophy plays a significant role in the firm's successful track record. KBH believes in running businesses to be cashflow positive and profitable every month. Startups and companies in a startup mode, such as one that has been purchased in distress, are expected to generate revenue within the first six months and reach profitability within the first 12 to 18 months. KBH also only invests in or acquires companies that are in the startup phase or have less than $20 million in revenues. KBH targets technology companies that offer business-to-business services.

×
S3 Ventures

S3 Ventures is an early expansion and growth stage venture firm with $200 million under management. It’s focused on information technology solutions that solve large business problems. S3 also invests in medical devices that improve the human condition. S3 invests in category-defining opportunities. It partners with the team and help focus methodically on what it takes to build a successful company. S3 today helps talented entrepreneurs take their technology and market knowledge and form valuable businesses in a repeatable fashion. Investment sizes start at several million or more for Series A, B, and C financing.