Personal Effectiveness & Time Management
Learning outcomes
- Apply the Eisenhower Matrix to prioritize tasks.
- Identify efficiency loss costs and time stealers.
The Eisenhower Matrix
Effective time management requires distinguishing between what is Urgent and what is Important.
- Quadrant 1 (Urgent & Important): Crises, tight deadlines. (DO IT NOW).
- Quadrant 2 (Not Urgent but Important): Strategic planning, relationship building. (SCHEDULE IT). Highly effective people spend most of their time here.
- Quadrant 3 (Urgent but Not Important): Interruptions, some meetings, ringing phones. (DELEGATE IT).
- Quadrant 4 (Not Urgent & Not Important): Scrolling social media, busywork. (DROP IT).
According to the Eisenhower Matrix, a task that is Important but Not Urgent should be:
The Urgency Trap
People naturally gravitate towards Urgent tasks (like answering emails) because it feels productive. But if those emails aren't Important, you are just being 'busy', not 'effective'.
Time Stealers
Time stealers are things that destroy efficiency: poorly run meetings, procrastination, inability to say 'no', and constant context-switching (multitasking).
Which of the following is a classic 'time stealer' in a business environment?
Exam Focus
Be able to identify the difference between effectiveness (doing the right things) and efficiency (doing things right/fast). You can be highly efficient at a useless task, which makes you ineffective.
A ringing telephone is usually an example of a task that is:
What is the difference between efficiency and effectiveness?
Which of the following is the best strategy for dealing with Quadrant 4 tasks (Not Urgent, Not Important)?
Ready to put this into practice?
Ready to test yourself?
ACCA BT — Business & Technology Practice Exam 2
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