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Time Accounting - the #telcoWay

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The Cost of Misallocated Management Time

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1. How many hours of "Thinking Work" are managers expected to do in a 10 hour day?
6 hours 2 hours 8 hours 10 hours
2. Which of the following is NOT listed as a reason to account for managers' and executives' time?
To track expenditure of time To create accountability To manage losses related to time resource misallocation To increase salary
3. Which of the following steps is suggested as part of the next steps to address time misallocation?
Increase working hours Setup Your Time Accounting Structure Hire more managers Reduce the number of working days
4. Why is it important to create alignment with strategic goals when managing managers' and executives' time?
To increase the number of working hours To ensure consistent salary increments To ensure that time and efforts are directed towards achieving the company's strategic objectives To reduce the workload on managers
5. How does creating accountability among managers and executives benefit the organization?
It increases the number of meetings It helps in reducing time misallocation and improves productivity It leads to more micromanagement It increases the need for external audits