Your Scarcest Resource

Most companies meticulously manage capital, demanding a strong business rationale and setting spending limits, yet time often remains unmanaged. Bain & Company, where the authors work, utilized innovative analytics to dissect the time allocations of 17 corporations, revealing excessive e-communications, soaring meeting durations, limited real collaboration, and rising dysfunctional meeting behaviors. They propose eight strategies for time management, including clear meeting agendas, zero-based time budgets, and standardized decision processes. Forward-thinking firms apply similar rigor to time as to capital, reclaiming unproductive hours, fostering innovation, and driving profitable growth.

READ MORE HERE