Time Management Case Study Final - 954 Words

TIME MANAGEMENT MANAGEMENT CASE STUDY FINAL (Q1)There is never enough time in the day. There are so many things to be done. We all live extremely busy lives with kids sports practice, time to exercise, fix dinner, and work all day long†¦..our days are so packed most of the time it is difficult to get anything extra done or worked in. In order to be organized and effective, we must practice and plan time management. With time management, we are able to use it as a skill or process of planning in order to make our limited amount of time best used. I chose this topic because of it’s versatility and one of the most important over-looked issues we face day to day. Everyone is always talking about how valuable their time is. We think of time in†¦show more content†¦Ã¢â‚¬Å"Bain Company is the management consulting firm the world s business leaders come to when they want enduring results. Together, we find value across boundaries, develop insights to act on, and energize teams to sustain success. We re passionate about always doing the right thing for our clients, our people and our communities, even if it isn t easy.† (Q3) Bain Company speak a lot about Organizational Time Management and it’s effectiveness towards the amount of time spent on a task. They not only look at the time spent, but also who they spent that time with, and the type of interaction or engagement during that time. By digging deeper into the issue, they have established new capabilities in efforts to boost productivity, tracking of priorities, channels of communication and overall performance improvement. This company is able to evaluate and recognize weak areas of various businesses and help them improve in areas such as: measurement of employee time usage, eliminating unproductive meetings, reduce dysfunctional behaviors, and freeing up time for value creation. (Q4) Through my research I have come across the company of JCPenney multiple times. In recent months, the company’s CEO Ron Johnson has been under fire for his ideas and actions. After taking over JCPenney, he was quick to hire a team of outsiders like himself , costing over $170 million. He used this expenditure as â€Å"executive transition costs† as he would fly to corporate. Ron