DOI: https://doi.org/10.32515/2663-1636.2022.8(41).208-223

Models of Time Management Efficiency of a Company in the Conditions of Innovative Transformations

Oleksandr Levchenko, Nemchenko Tetiana, Kovalenko Snizhana

About the Authors

Oleksandr Levchenko, Professor, Doctor in Economics (Doctor of Economic Sciences), Pro-rector of Scientific Work, Central Ukrainian National Technical University, Kropyvnytskyi, Ukraine, ORCID: http://orcid.org/0000-0001-5452-7420, e-mail: om_levchenko@ukr.net

Nemchenko Tetiana, PhD in Economics (Candidate of Economic Sciences), Assistant Lecturer of the Department of Economics, Management and Commercial Activity, ORCID: https://orcid.org/0000-0002-4914-5134, e-mail: tanushka14041989@gmail.com

Kovalenko Snizhana, Assistant of the Department of Economics, Management and Commercial Activity, Central Ukrainian National Technical University, Kropyvnytskyi, Ukraine, ORCID: http://orcid.org/0000-0003-4632-9912, e-mail: snezhana1011@ukr.netr

Abstract

The article discloses the significance of the formation of a time management culture both at personal and corporate levels. It is based on the fact that time management is one of the most important soft skills today, which will give an opportunity to increase overall productivity of a company. Having carried out the evolution of the opinions of scientists regarding the category "time management", the authors came to the conclusion that this concept should be interpreted as an art that is designed to find the boundaries between the rational use of time and the fear of its inefficient use to ultimately ensure human well-being. It is emphasized that time management is carried out taking into account psychological, social and behavioral influencing factors. It has been established that a major role in time planning is played by the influence of time structures and time norms, which establish the framework according to which the actual planning of working hours takes place. The authors proposed to distinguish four models of the efficiency of the use of working time, taking into account the level of structured working time and labor productivity in a company. In general, the authors distinguish a depressive-stagnant, bureaucratic-oriented, people-centered, and performance-oriented model. It should be noted that each company, depending on the stage of its own development and size, can go through each of these stages, but the most optimal are the human-centered model and the performance-oriented model. The authors developed a mechanism for the introduction of time management technology for the formation of the most optimal option for time management both at the individual and corporate levels. In particular, it is proposed to carry out the analysis of internal and external factors influencing a time management process. As the next stage, the authors consider it expedient to determine time limits and take into account the type of time mechanisms that are inherent to employees. The implementation of the time management process with its optimal construction will lead to an increase in labor productivity, a decrease in the influence of negative factors, in particular stress, and will positively affect the quality of life.

Keywords

time management, time structures, time norms, models of time management efficiency, labor productivity

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Copyright (c) 2022 Oleksandr Levchenko, Nemchenko Tetiana, Kovalenko Snizhana