Impact of Time Management on Organizational Effectiveness
Abstract:
Future
Implications: The study focuses on the practice
and observance of the three central factors, planning/scheduling,
organizing/prioritizing and personal Purpose: within the context of the
current level of globalization and its associated technological advancement,
coupled with the ever increasing global business competiveness, time management
is regarded as one of the most effective management principles requiring the
recognition of effective factors on reactions to stressful events undertaken by
employees and staff of many organizations which desire to scale the pinnacle of
success. The purpose of this paper is to determine and identify
the factors that affect time management in Ghana and examining the relationship
between organizational effectiveness and time management.
Approach:
A model was designed based on the literature,
linking factors of time management with time management and organizational
effectiveness. Four hypotheses were built based on the literature and the model
were tested in perspective of the previous studies and literature.
Findings:
The literature and various studies concluded that
factors such as strategic planning, organizing/prioritizing and personal
responsibility / accountability as principal indices of time management
cumulatively have positive impact on organizational effective performance. The
more these important time management principles or indices are employed by any
organization or management, the more efficient and effective their time
management practice becomes. Also there exists a positive relationship between
time management and organizational
Effectiveness.
The more efficiently time is managed by the staff and employees of an
organization, the more productive and effective the organization becomes.
Responsibility/discipline
for enhancing institutional time management which leads to productivity and
organizational effectiveness. The organizations should therefore design their
rules, processes, policies and organizational structures in such a manner that
gives room for the implementation and operationalization of among other
factors, these three fundamental imperatives. This will surely lead to
organizational growth and development.
Keywords: Time
management, impact and organizational effectiveness
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