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УДК 331.103.3

DOI: https://doi.org/10.36887/2415-8453-2024-4-12

Kanova Oleksandra,
Candidate of Sciences in Economic, Associate Professor,
Associate Professor of the Department of Management, Business and Administration
Simon Kuznets Kharkiv National University of Economics
https://orcid.org/0000-0002-0101-053X
Kryvobok Kateryna,
Candidate of Sciences in Economic, Associate Professor,
Associate Professor of the Department of Management, Business and Administration,
Simon Kuznets Kharkiv National University of Economics
https://orcid.org/0000-0002-6889-0041
Boblovskyi Oleksandr,
Candidate of Philosophical Sciences, Associate Professor,
Associate Professor of the Department of Management, Business and Administration,
State Biotechnological University,
https://orcid.org/0000-0002-1427-3267

JEL classification: M12, M50

In the contemporary business environment, where the success and growth of enterprises hinge significantly on personnel management, the efficient use of time has emerged as a crucial factor. Time management, a valuable resource, provides a competitive edge by enabling managers to optimize both their schedules and those of their subordinates. Effective planning and prioritization of tasks based on the criteria of “importance” and “urgency” are essential for achieving organizational objectives swiftly and efficiently. This article explores modern time management techniques and their impact on enhancing personnel development processes. Effective time management directly influences productivity, professional growth, and team performance. Key benefits include increased productivity through better task organization and prioritization, optimized learning and development by integrating educational activities into work schedules, and reduced stress and burnout by balancing workloads. Additionally, time management fosters responsibility and self-discipline, enhances teamwork, and prepares employees for future challenges while supporting a healthy work-life balance. Modern time management tools such as Todoist, Trello, and Asana for task management and techniques like the Pomodoro method and the Eisenhower Matrix facilitate improved daily organization. These tools help avoid burnout, support effective teamwork, and promote a balanced work and personal life approach. However, managers in Ukraine face specific challenges, including economic instability, labor migration, and low motivation levels, which complicate personnel development and require a systematic approach to overcome. The article further delves into the challenges managers encounter, such as unclear priorities, frequent interruptions, and lack of delegation, which hinder effective time utilization. Addressing these issues is crucial for improving managerial efficiency and overall organizational effectiveness. Applying a task prioritization algorithm helps managers focus on critical tasks, optimize resource allocation, and enhance productivity. In conclusion, time management is vital for managers, significantly impacting their ability to complete tasks efficiently and achieve goals. The systematic application of time management principles enhances productivity, reduces stress, and improves overall work performance. As such, effective self-management becomes a fundamental aspect of professional development, enabling managers to continually refine their skills and optimize their use of time for organizational success.

Keywords: time management, personnel development, time management, effective management, teamwork.

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The article was received 28.10.2024

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Kanova Oleksandra, Kryvobok Kateryna, Boblovskyi Oleksandr. 28.10.2024. Implementing time management to increase the effectiveness of personnel development. The journal "Ukrainian Journal of Applied Economics and Technology". 2024 / #4. 80-85pp. https://doi.org/10.36887/2415-8453-2024-4-12

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Kanova Oleksandra, Kryvobok Kateryna, Boblovskyi Oleksandr. "Implementing time management to increase the effectiveness of personnel development". The journal "Ukrainian Journal of Applied Economics and Technology". 28.10.2024. https://doi.org/10.36887/2415-8453-2024-4-12

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