Importance of Time Management in a High Stress Work Environment
Time management is an effective professional strategy and is vital to enhanced productivity in the workplace. Taking the time to prioritize obligations and maximize available resources eliminates a significant amount of stress and anxiety. Experienced professional and Junior Associate at the Genesis Group, LLC, Connor Mulvey claims that time management is essential to both personal and professional development and is a means to complete work more efficiently. Because the financial sphere is often highly stressful, he understands the importance of time management in fast paced work environments. Connor Mulvey takes the time to outline his tips top tips to effective time management.
Enhanced Productivity and Efficiency
Time management is an effective means to enhance one’s overall work performance; however, it also requires a significant level of self-discipline. With extensive experience in a high-stress work environment, Connor Mulvey recommends learning to prioritize professional obligations to maximize productivity during business hours. He suggests the following steps to help get individuals begin their process:
- Determine your complete list of tasks
- Identify urgent vs. important responsibilities
- Prioritize tasks by estimated effort
- Know what to eliminate and when to delegate
When evaluating a personalized list, typically the ‘urgent and important’ tasks should be completed first, while the remaining are prioritized accordingly. Amidst daily pressures, taking the time to strategize effective solutions is a means to increase productivity and strike an effective work-life balance.
Researchers at the University of Michigan found that productivity drops as much as forty percent when employees attempt to perform multiple tasks at once. Similarly taking only 10–20 minutes to plan out your day can save professionals over two hours of wasted time per day.
Ultimately, knowing when to delegate certain tasks and cut back on the number of projects you take on is a valuable technique to boost efficiency.
Reduced Stress and Anxiety
Time management, when performed effectively can significantly reduce stress and anxiety. Work-related stress is extremely common in today’s professional environments; however, many are unsure of how to prevent work-related stress and end up suffering from burnout. Burnout is a state of emotional, physical, and mental exhaustion cause by excessive or prolonged stress. Common symptoms include:
- High blood pressure
- Anger or excessive irritability
- Vulnerability to illness
- Heart disease
Connor Mulvey claims that a primary component of time management is taking the time to recuperate. Ensuring the proper amount of rest and maintaining regular physical activity will reduce the chances of suffering from a burnout.
Connor Mulvey on Striking a Positive Work-Life Balance
Most importantly, establishing a healthy work-life balance is essential to succeeding in a high stress work environment.
The negative consequences of failed time management include missing deadlines and living with an excessive amount of stress. Connor Mulvey encourages individuals in the professional world to take the time to understand their working habits and develop effective time management habits.