Why Prioritising is the Key to a Successful Business

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We have all found ourselves in a position in which we wished we had done things differently. The moment of truth arrives and you instantly know that you should do things differently. Once experienced, it is this heart in mouth moment that we all so desperately hope we never have to go through again.

Unfortunately, for many of us, we do. And not just once, but on multiple occasions. No matter how hard we try to avoid it, how hard we work, or how much time we put into something when the day to deliver arrives, it happens again. Before we have even had the chance to properly begin, we know we have fallen short.

The Importance of Prioritizing

The key to this conundrum is not more work, but how we work and what we work on. In the world of business, knowing how to prioritize your work is one of the most important skills you can learn. It is the difference between becoming a thriving business or one of the many businesses that fail each and every day. It should come as no surprise that so many businesses fail, business is a tough game to conquer, especially in the digital age. As a business today, you are expected to be available twenty-four hours a day and seven days a week.

How To Get Started

It will not shock you to learn that simply being aware of the importance of prioritizing is not an instant fix, instead, it is where the work begins. Firstly, you will need a system. One of the best ways to get started is to divide your workload into categories. The categories should be based on the complexity and effort required to implement. The easiest way to start is to separate your identified tasks into four categories: high business value, low implementation complexity; high business value, high implementation complexity; low business value, high implementation complexity.

Once you have categorized your workload, you will know where to start. However, this is when you need a second system to manage your first. Just because you have prioritized your tasks, it doesn’t mean that you won’t be faced with a heavy workload. So, let’s take a look at two great ways you can use prioritizing to grow your business…

Shop Floor Control

Shop floor planning involves management techniques that put you in control of your scheduling, equipment, inventory, workers, and allows you to efficiently evaluate the effectiveness of production operations. Shop floor planning is the best way to be in control priorities in production, and have a complete overview of your inventory. It will reduce your manufacturing time, improve customer service, and give you the foundation to move your business forward at the appropriate speed.

The Ivy Lee Method

The Ivy Lee Method is simplicity at its finest. The method is over one hundred years old and is still used today for a very good reason – it works. At the end of every workday, you make a list of the six most important tasks you want to accomplish the next day, in order of importance. This does two things. Firstly, before even going to bed, your brain will begin going through the process of completing these tasks, giving you a head start on the day. Secondly, when you wake up, you lose no time in thinking about what you need to do or what you will do first. It is one of the easiest ways to improve productivity and save time, and all you need is a pen and paper.

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Sarvesh

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