Quite often, when it comes to procrastination or engaging in low self-esteem behavior, there is a sub-conscious element of Payoff involved which might hold us back from being efficient or taking desirable action. But can consciously using the Payoff work in reigning in an overwhelming To Do List?
Let’s find out! I love trying new ideas and tools and here is how the Payoff Method works.
- Look at your To Do List or Task List
- Note down how much time it will take to complete each task
- Weigh each task in terms of the Payoff of completing the task. You could rank a low priority task as say 1 ranging to 10 for a task that has a high payoff. Please note that there is no right or wrong Payoff – this is something unique to each individual
- Now, weigh each task by the Payoff that you expect from Step 3 with the time you have estimated the task will take in Step 2
For effective time management, first complete those tasks that have high payoff and that take little time. Likewise, a low payoff task that takes a lot of time should either be done last or considered whether it really has to be done.
This completes my series of time management methods and hopefully you have found one that will work for you.
In all 3 methods that I outlined, the key thing to keep in mind is that it does not matter which method you decide to use, or even if it is a combination of methods or one that you have designed for yourself.
What is more important is that it works for you and enables you not only to rank the order of tasks but also to make your To Do List more relevant by eliminating or deferring tasks that are not important or of least priority.
This takes care of the efficient part of time management and I recommend that you download The Karmic Ally Coaching Experience Tip Sheets for Time Management by completing the form below the picture below because to ace the Time Management Challenge, you need to change your habits and become more effective and that is what you can learn – for keep!
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