Time on Their Side
Survey: CFOs See Delegating and Fewer Meetings as Top Time Management Strategies
TORONTO, July 10, 2014 /CNW/ - When it comes to managing their time, executives have their favourite strategies. Thirty-nine per cent of chief financial officers (CFOs) interviewed said they find working efficiently comes from delegating more responsibilities, while 25 per cent said spending less time in meetings is the secret to maximizing work hours.
The survey was developed by Robert Half Management Resources, the world's premier provider of senior-level finance, accounting and business systems professionals on a project and interim basis. It was conducted by an independent research firm and is based on interviews with more than 270 Canadian CFOs from a random sample of companies.
CFOs were asked, "Which one of the following is most effective in helping you manage your time at work?" Their responses:
|Delegating more responsibilities||39%|
|Spending less time in meetings||25%|
|Taking greater advantage of technology tools||24%|
|Travelling less frequently||6%|
David King, Canadian president of Robert Half Management Resources, said executives shouldn't just look at delegating as a time management strategy, but also an effective approach to succession planning. "Sharing the responsibility gives employees the opportunity to take on new challenges and the chance to hone in on skills that will help them move up within the organization," he said.
"It's important to frequently review internal processes and evaluate where time and resources can be used more efficiently," King added. "By setting a clear agenda, inviting only the relevant team members and keeping track of time, managers can ensure meetings are a productive part of the work-day instead of wasted."
About Robert Half Management Resources
Robert Half Management Resources is the premier provider of senior-level finance, accounting and business systems professionals to supplement companies' project and interim staffing needs. The company has more than 150 locations worldwide and offers assistance to hiring managers and consultants at roberthalfmr.com. Visit its blog at blog.roberthalfmr.com and follow twitter.com/roberthalf_CAN for workplace news and insights.
SOURCE Robert Half Management Resources
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