Effective executives know that one rarely overprunes.

The final step in time management is to consolidate the time that record and analysis show as normally available and under the executive’s control. To be effective every executive needs to be able to dispose of time in fairly large chunks. This is particularly true with respect to time spent working with people, which is, of course, a central task in the work of the executive. The manager who thinks that she can discuss the plans, direction, and performance of one of her subordinates in fifteen minutes is just deceiving herself.

There are a good many ways to consolidate time. Some people work at home one or more days a week. Other executives schedule all ...

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