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This is a famous story about the use of time. The details vary but the basics are the same
wherever you read it.
In America in the 1930's, Charles Schwab, the head of Bethlehem Steel, the country's largest
independent steel producer, asked a well-known management consultant, Ivy Lee, for his advice
on increasing the company's efficiency.
The advice was this:
Write down all the tasks you want to do tomorrow, and identify the five most important, listing them
in order of priority.
First thing tomorrow morning, start working on the first item and don't leave it until it is complete or
you have gone as far as you can.
Then start on the second item in the same way. If things come up during the day, only deal with
them if they are more important than the task you are already working on. If not, add them to your
list.
When the top five items have been dealt with, or taken as far as you can, repeat the prioritising
process. Don't worry if you don't manage to do everything on the list - at least the more important
tasks will be completed.
Schwab agreed to ask his managers to put this advice into practice for a month and then pay Lee
whatever he felt it was worth.
A month later, Lee received a cheque for $25,000, almost $300,000 in today's money. Schwab
later said that it was the single most useful piece of information he had ever received and he
believed it was immensely significant in the success of the company.
I admit I don't always practise what I preach, but I have tried this and it works!
Andy Britnell is an executive coach who works with high achievers in both the private and public
sectors who wish to fulfil more of their potential by thinking and behaving more effectively.
Sign up for my FREE newsletter Grow and Learn at http://andybritnell.co.uk/
Article Source:
http://EzineArticles.com/?expert=Andy_Britnell
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