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.