Frittering the time away
Does your company pay as much attention to wasted time as wasted money? I doubt it. Sure, we can throw around the phrase “time is money” but usually in an attempt to tell someone that they’re wasting our time.
We have financial reports, ROI, annualized savings, and mechanism after mechanism to measure the money. Time is like money. We waste money; we waste time. We budget money; we budget time. We invest money; we invest time. But if time is money, then why don’t we spend nearly as much time managing it. Time waste is worse. Henry Ford knew this:
â€œTime waste differs from material waste in that there can be no salvage. The easiest of all wastes, and the hardest to correct, is the waste of time, because wasted time does not litter the floor like wasted material.â€
We don’t get the wasted time back. You can always find more money. No, it may not be easy, but there is more money. Once time is wasted, it is gone…forever. The Mad Hatter from Alice in Wonderland had a pretty clear message:
â€œIf you knew time as well as I do,â€ said the hatter, â€œyou wouldnâ€™t talk about wasting it.â€