As we’ve mentioned before, most leaders know how much they’re paid per hour even if they aren’t paid by the hour (see the poster Your Hourly Wage for more on this subject). When we visited that poster, we said that knowing your hourly wage helps a leader eliminate “clutter” from their life when they find themselves doing activities they don’t enjoy for which they could hire people at a lower hourly wage.
Now the same concept of knowing your hourly wage gives the leader another goal/measurement for which to strive. The leader seeks to always increase the amount of money they are paid per hour by ever-more efficiently managing their workload – getting more accomplished in less time.
As the number of hours it takes to accomplish the tasks decreases, the amount you’re being paid per hour increases. This enables you to possibly invest your time in activities that will bring an even greater return on your hour of time. Such thinking challenges the leader to always be evaluating the use of their time to maximize their productivity by focusing on the truly important.
Categories: Time Competency
