Time management lesson
Form a forwarded mail I read the story of a management lesson.
M. Schwab, the president of the Bethlehem Steel told his consultant
Mr. Ivy Lee that what they needed was not knowing more, but doing
more. Lee told him that he could give Schwab a method in 20 minutes
which could increase the effectiveness by 50% at least.
So Lee gave Schwab a sheet of paper and told him to wire down the six most important things he had to do the next day. Schwab wrote them down and Lee told him to number them in order of importance. He did.
Lee told him to take out the sheet at the beginning of the day and start work on item No.1. He was to look at the sheet every 15 minutes and look at the the item that he was supposed to be currently working on.
Lee also told him not to be concerned if he didn't finish all the items on the list that day, only that he worked on the most important item. Lee also advised Schwab take at least five minutes to make a fresh list of "MUST DO" at the end of every working day for the next day.
was convinced that the method was sound he has to tell his men about
it. Lee said to try out the method as long as he wished and to send
him a check for whatever Schwab thought it was worth. Just 20 minutes
of conversation, a small piece of advice.
Schwab sent Lee a check for $25,000 (worth more than $400,000 in today's dollars) two weeks after the conversation. In the enclosed note he mentioned that it was the most profitable management lesson he ever learned.
Follwing this method, Schwab turned Bethlehem Steel into the biggest independent steel producer in the world. Also he created a personal fortune of $100 million. In today's dollars, that is equal to more than $1 billion.
Procrastination means to delay doing something that you should do
usually because you do not want to do it. Some times it becomes a
habit and it will kill our growth. We procrastinate many things in our
daily life. there are two way to do it. One is the right way and the
other is the wrong way. The right way is to put off the unimportant
things. Cleaning up after yourself is important. Cleaning the garage
can wait. Students can put off their TV. They can put of playing one
more game. If they put off the studies, it will be very difficult for
them to complete their studies on time.
I have seen co-workers, employees, bosses take short cuts, not do thing they said they were going to do, put off important thins and they are going to affects others. No one trusts them and their reputation gets ruined. Do you think it is alright to commit to someone that you'll do something and never does that. Six year olds do that not the responsible adults. If you have any desire to have a happy, productive life, please don't do that.
The wrong way is to put off the important things like filing the tax returns, mowing the lawn or not replying to letters (Especially business letters). If you procrastinate these things, it will get worst. You have to do it eventually. Why don't you do it now, it could avoid unpleasant situations.
- How to overcome low self-esteem?
One service I found everywhere available. The thing is that it is not only available everywhere, it is absolutely free. It is available 24 hrs a day & 7days a week. It doesn't matter whether you are...
- How to deal with problems in life?
One of the common complaints we hear from the people surrounded us are problems they are facing. Every day and everywhere there is problems. Many times we find it hard to stay happy. When one problem is...
- Power of construction and destruction
Raghavan was returning from his work on his bicycle as usual. He was planning in his mind what to do in the coming week end, He wanted to take his daughter and wife to the city to show them the new...
- Be content with what you have
We are living in a material world where our money, status, possessions etc will determine our value in the society. When we look at the world, there is enough food for all of us to eat. But the thing is...
- You Can Control your destiny
I was speaking to my colleague who is working as a secretary. He is in that position for about 10 years and getting increment every year. But his designation is not changing. It remains the same for over...