From the course: Time Management for Managers
Join today to access over 22,600 courses taught by industry experts or purchase this course individually.
Allocate scarce resources
- As a manager, part of your job is to allocate, or distribute, scarce resources. What are these resources? Well, they include the time of your people, and yourself. Perhaps even meeting rooms. They include your budget, in terms of money, and perhaps, production materials. And they include tools, such as software, computers, or machinery. When it comes to using specific software tools for tracking resources in your company, I recommend that you go through the associated tutorials, here on the library. However, in this video, I want to cover three general principles to help managers stay on top of these resources. Principle number one, is live within your means. We want to keep expectations realistic. We understand that principle, when it comes to money, on a personal level, right? When we go into debt with money, we must repay that money with interest. It always costs us more when we go into debt. Well, the same is true with time. If we go into debt, timewise, by over-committing the…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.