TIME MANAGEMENT
Some people seem to get so much more done.
It’s not because they have more time, however,
it’s because of their skill at time management.
Managing your time will positively affect your
daily output, your career and fi nancial goals,
and, ultimately, your success.
THE WASTED HOUR
A manager earning $75,000 per year
who squanders just one hour a day
due to lack of organization costs an
employer some $9,000 per year. Using
the same formula, here’s what other
comparable time-wasters cost their
companies:
Salary Lost annual profit
$45,000 $5,
$55,000 $6,
$65,000 $8,
$85,000 $10,
$95,000 $11,
$105,000 $13,
$200,000 $25,
If all of these managers worked for the
same firm, they would drain $81,
from the company’s bottom line each
year.
SOURCE:The Organized Executive by Stephanie
Winston (Warner Books, 2001).
Behind the Numbers