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Unit1
ManaginginthePresent
PresentTenses
Focus: time management and current problems
facingaservicecompany
1.Management themes
Readthe followingtext andthendiscussthe questionsbelow.
Time management has become one of the key issues of the second half of the twentieth century.
Managers, grappling with work pressures and deadlines, have come to recognise that time is a
precious commodity to be ‘saved’, ‘gained’, and not ‘wasted’ or ‘lost’. But if time is a commodity,
howthen canwe best describe,measure andmanage it?
To describe and manage it, imagine a line that goes back to the beginnings of creation and continues
into the mists of the future. And on that line are a number of significant marks-these separate the past
from the present from the future. And within each time zone-past, present and future-we can
differentiate periods of time from points of time. For example, the 1980s gave us a period of rapid
economic growth; blackMondaywasa point ofsudden financialcatastrophe.
How can this brief analysis help the international manager? Firstly, there is the link between past,
present and future. In other words, historical performance should be a guide to the future, and the
present ought to represent last year’s forecast. So change-that which normally differentiates any two
periods onour continuum-canbeseen asa gradualevolutionratherthana dramaticrevolution.
Secondly, the use of a time-planning system, on which key points and periods are plotted, enables
managers to organise their activities so that bottlenecks can be avoided and deadlines can be met. So
stress, where the jobs to be done exceed the available time, can be reduced to an acceptable and
productive level.
1.1Discussion
Does yourorganisationlive inthe present? Does itchange withthe times?
Doyou workinastressful environment? Doyouthinkthattime management canreduce stress?
2.Lis
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