ABSTRACT

Time is the most important resource in a modern business environment. Every other resource can be added or reduced, but time is imperative. Resources such as personnel, capital, or facilities are also needed, but their usage is always time dependent. People’s productivity, and hence organizational performance, is heavily related to time usage. On the one hand, some people can be very productive in a very short time period, even when work is not very efficient, and on the other, a person who is very efficient may even damage the organization. Therefore, organizations and especially leaders should focus on where they use their time.