What is the meaning of time maximization in business?

Mataracy

VIP Contributor
Time maximization can be described or defined as a way in which a company or an entrepreneur (individual) utilize their time very well and achieve greatly or make good profit.

In any sectors be it business or an organisation time is very important. And sometime,some people set up time to achieve one thing or the other but they couldn't it.
This could occure sometime if the company or business man did not utilized its time very well.

To achieve time maximization may not be possible sometimes if:

(1) Company did not educate their employee well in handling an aspect of job very well.

(2) if the workers are not expact in doing one particular job

(3) If there is no set time for an employee to perform task

(4) if there is no idle time for the workers to rest which can lead to wasting of resources whenever they are tired.

What is the meaning of time maximization in business?
 

sincerem

VIP Contributor
Every company hires the best employees for their tasks, they can't just hire all staff members without seeing quality in them, they are have quality which they'll be needed to carry out the company's functions expertly.

As for the time management, every company have work schedule, and employees must abide by that, and also abide by the general rules too.
 

Mataracy

VIP Contributor
Every company hires the best employees for their tasks, they can't just hire all staff members without seeing quality in them, they are have quality which they'll be needed to carry out the company's functions expertly.

As for the time management, every company have work schedule, and employees must abide by that, and also abide by the general rules too.
But did you know that there are many company that still employed base on who you know not how expert or how intelligent you are. In fact during the time of recruitment many intelligent graduate qualified but they will employed those that got one godfather some where.
 

sincerem

VIP Contributor
But did you know that there are many company that still employed base on who you know not how expert or how intelligent you are. In fact during the time of recruitment many intelligent graduate qualified but they will employed those that got one godfather some where.,

This kind of pattern or practice is done mostly in our country which is the home of corruption. They prefer quantity over quality that's why it isn't nice there, politicians and other corrupt people have ruined the country for us. They choose even their relation who isn't well equipped for the job vacancy and drop an experienced person who would've brought more improvement to the field of service.
 

Augusta

VIP Contributor
In everything needed to be done, time is of essence that is why it is good to hire people that understand their work and know what it entails to put in the needed work. Time is money and when once it is not rightly applied, a whole lot of money can get lost
 

btaliat

VIP Contributor
Time is always money. The amount of time you are able to dedicate or spare doing things that are productive will be proportional to the amount you can be boast of having. Unfortunately, many people don't use their time judiciously. We always think there is always time until we discover that there is no more time again. A successful business man must know how to use his time.
 

AmaliaTG

Active member
Time maximization can be described or defined as a way in which a company or an entrepreneur (individual) utilize their time very well and achieve greatly or make good profit.

In any sectors be it business or an organisation time is very important. And sometime,some people set up time to achieve one thing or the other but they couldn't it.
This could occure sometime if the company or business man did not utilized its time very well.

To achieve time maximization may not be possible sometimes if:

(1) Company did not educate their employee well in handling an aspect of job very well.

(2) if the workers are not expact in doing one particular job

(3) If there is no set time for an employee to perform task

(4) if there is no idle time for the workers to rest which can lead to wasting of resources whenever they are tired.

What is the meaning of time maximization in business?
According to me, every bussines or company out there prioritize the employees who have years of experience, have passed the interview well and have potential to bring the company to greater heights, however some people are just hired because of favourism or connections and on a good site you an employer can employ an employee because of the passion and determination they have. Also when it come to salary the employer needs to consider the amount of money he will pay them with the amount of work they deliver.
 

Chibson

VIP Contributor
Any company or business that maximizes their time very well we will be very successful. It is very important that businesses learn how to maximize and utilise your time very well for productivity. There should be a clear cut out plan that guides the activities of the employees and even the business managers activities.
 

Bookwormlux

Valued Contributor
It is more like time management which I believe works hand in hand with discipline in a nut shell as this factor goes a long way in determining whether a business would grow or not as so many people do not manage time well and it makes them to lose out. Those who manage time effectively are able to get more things done in a short time, thus leading to business progress.
 

Sherman198

VIP Contributor
Time is money.....And if you are maximising your time in business, you are making the best use of your time, trying to build your business without wasting time. However, with this, money maybe flowing in, as you are not a time waster. For example, time for promotion is observed, discounts period observed etc..... Decisions are made promptly. With all these business may expand.
 

Mataracy

VIP Contributor
According to me, every bussines or company out there prioritize the employees who have years of experience, have passed the interview well and have potential to bring the company to greater heights, however some people are just hired because of favourism or connections and on a good site you an employer can employ an employee because of the passion and determination they have. Also when it come to salary the employer needs to consider the amount of money he will pay them with the amount of work they deliver.
Very good contribution. There are some employee that use to employed because they like the person not that they are qualify to do the job and that use to contributed to the failure of many company . why some employed their workers through given out slot to some well known people in the Society despite that they do not merit the position which may equally contributed to the failure.
 

Mataracy

VIP Contributor
This kind of pattern or practice is done mostly in our country which is the home of corruption. They prefer quantity over quality that's why it isn't nice there, politicians and other corrupt people have ruined the country for us. They choose even their relation who isn't well equipped for the job vacancy and drop an experienced person who would've brought more improvement to the field of service.
You are very correct. It has happened to on of my friend that was looking for a job and its a pity that after graduating in our country you are now ready to face issues of life because the job is not certain . He went to a company and getting their they told that who did he know ? He replied that he didn't know any body than God. They just collected his CV and told him that they are going to call him latter despite that he passed their aptitude test and intervew. This is the source of corruption and its really affecting our society at large.
 

sincerem

VIP Contributor
You are very correct. It has happened to on of my friend that was looking for a job and its a pity that after graduating in our country you are now ready to face issues of life because the job is not certain . He went to a company and getting their they told that who did he know ? He replied that he didn't know any body than God. They just collected his CV and told him that they are going to call him latter despite that he passed their aptitude test and intervew. This is the source of corruption and its really affecting our society at large.
What you just said is what is happening around the country, where Godfather is needed to back you up. Without the Godfather which is a man like us but a high profile man in the government house or holding a respectable office in the country.

That which happened to the person you made mention about, happened to my brother too, and that is really driving our country towards abyss if things aren't changed.
 

Alexandoy

VIP Contributor
This topic reminds me of the efficiency engineer who reviewed our methods and procedures in the office (when I was working in the bank). I saw the big difference when the procedures were improved that work had become easier. Maximizing the time is not exactly the need. It is an efficient work that is more beneficial to the company.
 

Setho

VIP Contributor
I will tend to see this scenario as time management overtime maximization. As a business person you should be able to manage your time in order to achieve results in the least possible time. The most important thing though that you should have is discipline that will be able to allow you to make a clear schedule and be able to stick to it.
 
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