Phil’s Blog

This week we learned about control and time management. I will start with control. Control as we learned is very similar to planning. In that role the manager evaluates the performance of the employees in relation to a set standard or benchmark and in accordance with the set objectives. During that process the manager evaluates potential troubles and plans steps to rectify any problems. And of course fixes any problems that had occurred.
To successfully run a business the manager needs to utilize time efficiently. Each task requires a certain amount of time to be executed, some more than others. Some tasks may be more urgent than others and will need first attention. The manager needs adequate understanding of the tasks so that he or she allocates the necessary time for completion. This aspect of management is referred as time management. Not only does it involve the adequate allocation of time, but also the right prioritization of the steps to be taken.
Time management may also be in relation to the allocation of the task to a certain employee and not another. The right person for the task needs to be chosen, if not, time can be wasted in a job done poorly. Furthermore, if time is managed efficiently, the manager can take a supervisory coaching approach. Moreover, if the style of management follows McGregor’s Theory Y, the involvement of the employees in all aspects of a project, the enrichments gained by the employees is great. They are satisfied with their job, easing the need for motivation from management and as such reducing wasted time.
Time management seems to be essential to successful management. “Time is money” in the business world and the manager must be successful in managing time as he or she needs to be with a financial budget. One may conclude then, that management covers a wide spectrum of activities which have a common objective, the enhancement of performance. Better performance can be associated with higher productivity, and then one hopes that higher profit would follow fulfilling the ultimate purpose of managing a business.