Presentation is loading. Please wait.

Presentation is loading. Please wait.

Management of Engineers and Technology

Similar presentations

Presentation on theme: "Management of Engineers and Technology"— Presentation transcript:

1 Management of Engineers and Technology
Managing Tradeoffs Time Management

2 Principle 5: Using Assets Wisely
Making decisions based on organizational goals Applying resources to maximize profit Managing time and priorities Understanding motivation Managing stress and balancing life

3 Managing Tradeoffs Decisiveness is an important part of management and leadership Most decisions involve tradeoffs Managers must facilitate group decision making (consensus) Management decisions are less clear than technical ones

4 Decision Criteria Review: Then: Values and beliefs
Vision/Mission/Goals/Objectives Then: Generate list of attributes Prioritize the attributes Needs (required) Wants (desired)

5 Some Common Tradeoffs Performance/reliability Power/weight
Flexibility/productivity Throughput/quality Benefit/Cost

6 Benefit/Cost Tradeoffs
Fixed benefit Minimize cost Fixed cost Maximize benefit Variable benefit/variable cost Maximize the B/C ratio Can it be measured?

7 Mutual Exclusivity Choose one of two or more alternatives
Vendor proposals Contractor bids Design approaches Job applicants

8 Never a Perfect Fit Each alternative has strengths and weaknesses
Each may address the objectives in a different way Can’t mix and match features

9 New Faculty Member MSEM and BSIE Programs Duties Qualifications
Teaching Research Service Qualifications Required Desired

10 Themes Managers make decisions
Management decisions are less clear than technical decisions The “right” decision often involves compromise

11 Time Management Time is a fixed commodity
With fixed input, we must maximize output “Time management” is actually managing yourself Prioritize productive activities Minimize non-productive activities Increase productivity, reduce stress

12 Time Management Process
Review your goals List your unfinished tasks Prioritize your tasks based on your goals Attack tasks in priority order

13 Priority Levels A - Must do as soon as possible
Safety, environment, production B - Must do, but can be scheduled Prioritize by Due date Impact on operations Importance to goals C - Would be nice to do if I had the time

14 Time Management Systems
Franklin System Day-timers Calendars (daily, weekly, monthly) PDA’s Ryan’s System Reminder calendar First things first (daily list) Avoid time wasters (just say “NO”)

15 Time Wasters: Interruptions
Meetings Telephone/pager/radio Sales people Visitors Crises

16 Time Wasters: Information Problems
Not enough information Inaccurate information Unclear how to obtain information

17 Time Wasters: Lack of self-discipline
No delegation Working on low-priority tasks Leaving tasks unfinished Procrastination Indecision

18 Suggestions Find an effective system and USE IT
Limit involvement in time-wasting activities Use Delegate what you can Handle each piece of paper ONCE Consider your personal cycle Give yourself some breathing room

19 Meetings Accomplish something as a group Purposes Sharing information
Securing cooperation Making decisions

20 Effective Meetings: Group Time Management
Written focused agenda Finalize Include durations Follow One hour or less Fewer than 10 people Visual aids and/or handouts if appropriate Give people the chance to prepare

21 Before the Meeting Ends
Identify follow-up tasks Who Does what By when Schedule next meeting Distribute minutes Now Soon afterward

22 Summary You can’t make more time, so you must use it wisely
Actions and priorities should align Meetings are group time management Effective time management will Improve productivity Reduce stress Lead to more free time

Download ppt "Management of Engineers and Technology"

Similar presentations

Ads by Google