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5 Minutes Of Work Delegation Can Help You Earn INR 9167 Annually
#21DaysProductivityChallenge
Productivity Tips #1
Imagine for example – you spend 5 minutes each working day completing a particular task. Once you decide to delegate that task, you will have to devote 150 minutes of your time to teach someone how to do it. Why 150 minutes?
Business School Experts advise that for every minute a task takes you to finish, you should invest 30 minutes in training another person to complete it This is known as 30X Rule.
At this point, you might think it really would be quicker to do the task yourself. But now consider that the time you spend on 5-minute task works out as 1250 minutes in a 250-day work year
So, even if you spend 150 minutes on teaching, you will save yourself 1100 minutes annually.
So, if your average earning per hour = 500,
500/60 = Rs. 8.33 per minute
Therefore, Rs. 8.33 * 1100 minutes = Rs. 9167 worth extra time annually
DECIDE WHAT 1 WORK WILL YOU START DELEGATING;
ACT ACCORDINGLY