‘Waste your money and you’re only out of money, but waste your time and you’ve lost a part of your life’
Michael LeBoeuf
Do a small exercise. Log all your activities for a complete week. Then analyse each activity and divide them into two categories – useful and not so useful. Useful means those activities which will help you to reach your goals in life. Useless means the activity has no relevance at all to your goal. After doing this look at the ratio of useful to not so useful activities.
Supposing about twenty percent of the activities you logged is not useful. Reflect on the implication of this ratio on your life!
Think about a company in which twenty percent of the products manufactured are not useful to the customers. If you are an investor, will you invest your money on the stock of this company?
A factory should produce some product or services which is relevant and useful to the customers. Periodically the company should analyse the waste and rejection level and take appropriate corrective action to reduce the rejection. If this is not done, the company will be closed down. Therefore a company will attach equal importance to not only production management, but also to waste management.
This simple principle applies to our life also.
With this input, will you log your activities and check where you stand?
NC Sridharan
www.thetimefoundation.com
00000
Michael LeBoeuf
Supposing about twenty percent of the activities you logged is not useful. Reflect on the implication of this ratio on your life!
Think about a company in which twenty percent of the products manufactured are not useful to the customers. If you are an investor, will you invest your money on the stock of this company?
A factory should produce some product or services which is relevant and useful to the customers. Periodically the company should analyse the waste and rejection level and take appropriate corrective action to reduce the rejection. If this is not done, the company will be closed down. Therefore a company will attach equal importance to not only production management, but also to waste management.
This simple principle applies to our life also.
With this input, will you log your activities and check where you stand?
NC Sridharan
www.thetimefoundation.com
00000
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