self development models

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    MODELS

    Eisenhower Matrix

    Rubber Band Theory

    Pareto Principle

    Parkinsons Law

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    WHO IS EISENHOWER?

    34th

    President of USA

    Considered the Master of Time Management

    Ability to do the tasks as and when needed

    Had ability to sustain his productivity not just for

    weeks or months, but for decades.

    Steven covey made this model popular

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    WHY SHOULD YOU KNOW THIS?

    With the help of this matrix you will be able to

    distinguish between what is important and what is

    urgent.

    You will be able to use time better Manage tasks

    Stress Productivity

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    Using the decision matrix below, you will separate your

    actions based on four possibilities.

    Urgent and important (tasks you will do immediately).

    Important, but not urgent (tasks you will schedule to do

    later).

    Urgent, but not important (tasks you will delegate to

    someone else).

    Neither urgent nor important (tasks that you will

    eliminate).

    This can be used for broad productivity plans (How should I

    spend my time each week?) and for smaller, daily plans

    (hat should I do today?)

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    HOW THIS HELPS?

    When consciously filtering all incoming distractions based

    on their importance, you end up doing less of the notimportant ones and thus become more productive in yourwork.

    TheImportant and Not Urgentquadrant is where you

    want to spend most of you time.

    Only doing tasks that are important. Second,planning ahead.If you look ahead and take control ofthe way you spend your time, you can finish all your tasksbefore they become urgent.

    This way you will become more focused and moreproductive in all the things you do!

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    PARETO'S PRINCIPLE - THE 80-20

    RULE

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    PARETO'S PRINCIPLE - THE 80-20

    RULE

    In 1906, Italian economist Vilfredo Pareto created a

    mathematical formula to describe the unequal

    distribution of wealth in his country.

    After Pareto made his observation and created his

    formula, many others observed similar phenomena in

    their own areas of expertise.

    Quality Management pioneer, Dr. Joseph Juran,

    working in the US in the 1930s and 40s recognized a

    universal principle he called the"vital few and

    trivial many".

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    WHAT IT MEANS

    The 80/20 Rule means that in anything a few (20

    percent) are vital and many(80 percent) aretrivial.

    20 percent of the people owned 80 percent of the

    wealth

    Juran's initial work he identified20 percent of thed efects causing 80 percent of the problems.

    Project Managers know that 20 percent of the

    work (the first 10 percent and the last 10 percent)

    consume 80 percent of your time and resources

    vital few and trivial many"

    .

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    80% of the traffic in town travels over 20% of the roads

    80% of what we produce is generated during 20% of our

    working hours

    80% of your annual sales come from 20% of your sales force80% of your future business comes from 20% of your

    customers

    80% of your growth comes from 20% of your products

    80% of your innovation comes from 20% of your employees

    or customers80% of your profits come from 20% of your customers

    80% of your staff headaches come from 20% of our

    employees

    80% of your success comes from 20% of your efforts

    80% of your website traffic comes from 20% of your pages

    vital few and trivial many"

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    HOW IT CAN HELP YOU

    The value of the Pareto Principle for a manager isthat it reminds you to focus on the 20 percent

    that matters. Of the things you do during your

    day, only 20 percent really matter.

    If something in the schedule has to slip, if

    something isn't going to get done, make sure it's

    not part of that 20 percent.

    Put your effort where it can make a difference

    Focus on the activities that produces the best

    outcomes- professionally and personally

    vital few and trivial many"

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    80/20 In A Nutshell

    You dont need to do everything. You only need to

    do the things that get results.

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    RUBBER BAND THEORY

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    When faced with a dilemma "The Rubber Band

    Model" is designed to help a person choose between

    two options.

    One rubber band is holding you from moving away,

    whileWhile in reality both rubber bands are equally

    holding or pulling, the exercise is to ask your self,

    "What is holding me?" and "What is pulling me? the

    other is trying to pull you closer.

    The model is most effective when the dilemma or

    problem is between making a change or staying with

    the way things are currently

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    The resolution to this kind of dilemma is to

    identify what is pulling you (where do you want

    to go, what do you want to do), versus what is

    holding you back (fear, security, comfort zone)

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    This interesting statement was made by Cyril

    Northcote Parkinson, the famous British

    historian and author, in 1955 first appearing as

    the opening line in an article forThe

    Economistand later becoming the focus of one ofParkinsons books,Parkinsons Law

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    Expenditures rise to meet income.

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    if you give yourself a week to complete a two

    hour task, then (psychologically speaking) the

    task will increase in complexity and become more

    daunting so as to fill that week

    t may not even fill the extra time with more work,

    but just stress and tension about having to get it

    done. By assigning the right amount of time to a

    task, we gain back more time and the task will

    reduce in complexity to its natural state.

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    Lets look at a few ways you can apply

    Parkinsons Law to your life, get your to-do list

    checked off quicker and spend less of the work

    day filling in time just to look busy. This is

    relevant whether you work in an office or athome, since work harder, not smarter is a

    cultural idea that many individuals fall prey to

    even when nobodys supervising their work.

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    Running Against the Clock

    Make a list of your tasks, and divide them up by the amount of time it takes to

    complete them. Then give yourselfhalfthat time to complete each task. You have

    to see making the time limit ascrucial. Treat it like any other deadline. Part of

    reversing what weve been indoctrinated with (work harder, not smarter) is to seethe deadlines you set for yourself as unbreakable just like the deadlines your

    boss or clients set.

    Use that human, instinctual longing for competition that fuels such industries as

    sports and gaming to make this work for you. You have to win against the clock;

    strive to beat it as if it were your opponent, without taking shortcuts and

    producing low-quality output. This is particularly helpful if youre having trouble

    taking your own deadlines seriously.At first, this will be partially an exercise in determining how accurate your time

    projections for tasks are. Some may be spot on to begin with, and some may be

    inflated. Those that are spot on may be the ones that you are unable to beat the

    clock with when you halve the time allotment, so experiment with longer times.

    Dont jump straight back to the original time allotment because there may be an

    optimum period in between.

    If you work at a computer, a digital timer is going to be very useful when you

    start doing this. Itll also save you a bit of time, because a timer allows you to see

    at a glance how much longer you have. Using your clock involves some addition

    and subtraction! There are free utilities available forOS X,Linux, and Windows.

    http://www.chimoosoft.com/products/chimootimer/http://www.chimoosoft.com/products/chimootimer/
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