Peter Drucker once wrote,
The supply of time is totally inelastic. No matter how high the demand, the supply will not go up.
And the demands on a real estate manager’s time are always high.
Time is, therefore, always in short supply. And the manager’s time scarcity is bound to become worse, not better.
Time scarcity is a ubiquitous problem—every manager has struggled with it, and all successful managers have faced it down.
How?
Drucker offers this plan of action:
1. Document where your time is going. Record/categorize the activities to which you dedicate your time.
2. Eliminate the things that don’t need to be done. Ask yourself: What would happen if this were not done at all?
3. Redirect the tasks that would be better performed by others. Ask yourself: Who could do this task better than me?
4. Consolidate your discretionary time into time blocks. Time blocks should be long enough to gain the benefit of serious thought and focus, but not longer than 90 minutes.
Being effective does not come from finding efficient ways to cram more into your schedule.
It’s the result of focusing on getting the right things done.
