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Thursday, 31 January 2013

How to increase your Productivity and Boost Your Results & Reduce Your Hours/Robert C. Pozen;








ROBERT POZEN
OCTOBER 17TH 2012



2012-10-17
How to increase your Productivity and Boost Your Results & Reduce Your Hours/Robert C. Pozen; Zev Spiro Technical Take



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MONEY MONEY AND BUSINESS
 
One of the most misleading but commonly held beliefs is being "busy" means that you’re being productive and accomplishing a lot. The problem is that the busy work for most people isn’t focused on the things that need to be done. It’s just that, busy work







Busy but non-productive tasks include:





  • Checking emails






  • Making/returning phone calls






  • Holding brainstorming meetings






  • Reading the news & blogs






  • Reading/updating social media

  • Wait a second. You’re telling me that I can’t check my email? I can’t make phone calls? How will I stay informed without the news? If we don’t hold meetings, we’ll never be on the same page.
    Social media is the future. I have to stay current or I’ll get left behind.Well you could but productivity will suffer at work .



    All of us fall into the procrastination trap. The biggest problem are the times we don’t know we’re doing it. Sometimes checking email, listening to voicemails, chatting with colleagues, and reading the news makes us feel productive. Then we wonder where our day went and we feel more stressed than ever.
    Today live from boston massuchets is mr Bob Pozen , He’s been a top executive at two mutual fund giants, Fidelity and MFS Investment Management. He’s also been an attorney, a government official, a law school professor, a business school professor, and a prolific author.As you may be aware, Harper Collins has published his new book, entitled Extreme Productivity: Boost Your Results, Reduce Your Hours.
    This is a fun and short book with lots of practical suggestions about how to get more done at work and be more productive.The key subject we are going to discuss in the next 45minutes is what counts most is the results you produce, not the hours you log.



    My name is Samuel Ezerzer, your host to the Money & Business show on Radio Shalom, CJRS 1650 AM. Thank you for tuning in live with our Business studios headquarters in Montreal, the financial capital and the home to the greatest hockey team, the Montreal Canadians. We have another great show for you today and as always, you can call if you have any questions, comments, or criticisms on today's topic. Please call us direct at
     514 738 4100 ext 200 or email me at moneyandbusinessshow@gmail.com if you have any inquiries. You can also visit our website at www.radio-shalom.ca – all our shows are archived there . I work as Consultant for T.E MIRADOR or TE WEALTH , TE MIRADOR has been providing Corporate Executives , CEO 'S , families ,employers and employee with independent wealth management and Financial education services since 1972. You can visit our website for my contact information at www.temirador.com


    todays topic ; How to increase your Productivity and Boost Your Results and Reduce Your Hours with Robert C. Pozen is a Senior Lecturer at Harvard Business School.

    VIDEO
    http://www.youtube.com/watch?v=lypJbGtXojM&feature=related
    Robert Manning, CEO and Chairman, MFS Investment Management, presents Fund Action's 2011 Lifetime Achievement Award to Bob Pozen, Chairman Emeritus, MFS Investment Management mutual fund.



    BIOGRAPHY


    Robert C. Pozen is currently a Senior Lecturer at Harvard Business School and a Senior Fellow at the Brookings Institution. In 2012, he won acclaim for a popular book showing professionals how to get more done at work, entitled Extreme Productivity: Boost Your Results, Reduce Your Hours.

    bobpozen.com

    Most recently, Bob was the executive chairman of MFS Investment Management, which manages over $260 billion for mutual funds and pension plans. During his distinguished career, he has been active in business, government and academia.


    Prior to joining MFS, Bob was vice chairman of Fidelity Investments and president of Fidelity Management & Research Company. During Bob’s five years as president, Fidelity’s assets increased from $500 billion to $900 billion. He moved to MFS in 2004 as Chairman; during his tenure as Chairman of MFS, assets under management increased by over 75%.




    In late 2001 and 2002, Bob served on President Bush’s Commission to Strengthen Social Security, where he developed a progressive plan to make the system solvent. In 2003, Bob served as Secretary of Economic Affairs for Massachusetts Governor Mitt Romney. In 2007, he served as chairman of the SEC's Committee to Improve Financial Reporting.
    Bob is currently an independent director of Medtronic, Nielsen and AMC (a subsidiary of the World Bank). He is also a member of the governing board at the Commonwealth Fund and the Harvard Neuro-Discovery Center.



    Bob frequently writes articles for the Financial Times, the New York Times, the Wall Street Journal and the Harvard Business Review. He has published a book on the recent financial crisis, Too Big To Save? How to Fix the US Financial System, and a guide for investors entitled The Fund Industry: How Your Money is Managed.
    Bob graduated summa cum laude from Harvard College and holds a law degree from Yale, where he also obtained a doctorate for a book on state enterprises in Africa
    .




    Aftershock, Bob Wiedemer talks about money and politics

    Robert Wiedemer, managing director at Absolute Investment Management and the co-author of the book The Aftershock Investor,
    HE SAID ; right now, America and its fragile economy, are facing two comparable bad paths. As he sees it we can either double up on our already horrendous deficit spending OR face our second recession in four years beginning as early as next summer.
    His assessment is highlighted below BOB !
    "It you spend a buck a second, you wouldn't hit a trillion for 32,500 years. And if you spend a million a day since the birth of Christ, you wouldn't be at a trillion. And the big bang theory of the universe happened , 600 million years ago, that ain't even close to a trillion. And we owe 16 of those babies."

    Bob is "The way to avoid a recession now is to increase that deficit?


     

    QUESTIONS
    1. How did you come to write a book on personal productivity since you are a financial executive?


    2. Bob in your book it seem to contains specific and practical suggestions on how to increase your productivity at work , what do you mean by personal productivity? and does your techniques work for everyone?

    3. Bob based on what you learned over the course in you career, what should you be focusing on in order to maximize your productivity at work ? ?



    4. Most people are overwhelmed by email bob, Hundreds of emails a day and you simply can’t respond to all of them? Most people get bogged down with hundreds of emails and it overtakes you at some point in your work week , How can you quickly move through lots of emails?



    5. bob the culture in the USA of many professionals service firms , legal , accounting or consulting strongly promote the virtues of long hours over results; its a tremendous pressures on young professionals? Does the model of high hourly rate a lawyer or a professional charge their client , is it an efficient way of doing business?

    6. If you have a big project, what do you mean by start from the end?


    7. In a poll , 40% of workers say they would take a nap if they are allowed to do so during lunch time, most executives claim they can operate well on four or five hours a sleep a night? how important is it in your daily routine to get enough sleep Bob?

    businessweek.com
    Robert Pozen, senior lecturer at Harvard Business School, ...

    8. Why do you advocate reading fewer words than more words per minute?

    9 What do you see as the main mistake people make in trying to write a long memo?

    10. How do recommend that young professionals think about career planning?








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    Dan Schawbel, Contributor
    I Interview Celebrities, Entrepreneurs and Authors
    Entrepreneurs
    |
    10/01/2012 @ 9:00AM |920 views

    How to Master the Art of Productivity



    Bob Pozen
    I recently spoke to Bob Pozen is a senior lecturer at Harvard Business School and a senior fellow at the Brookings Institution. His latest book is called Extreme Productivity: Boost Your Results, Reduce Your Hours. He was chairman of MFS Investment Management and vice chairman of Fidelity Investments. He served on President Bush’s Commission to Strengthen Social Security and was also secretary of economic affairs for the Commonwealth of Massachusetts. He was associate general counsel of the U.S. Securities and Exchange Commission and was a partner at the Washington, D.C., law firm of Caplin & Drysdale. The author of six books, Pozen lives with his wife in Boston, Massachusetts.
    In this interview, Bob talks about how he managed his own time while being an executive at a major company, his top productivity tips, and more.

    When you were at Fidelity, how did you balance your time?
    When I was president of Fidelity, I made a point of getting home almost every night at 7pm for dinner. Those dinners enhanced our family life and gave me a break from work. I also learned that I didn’t need to stay late every night to get ahead. If I still had work to do, I would retreat to my home office around 10pm, after my children had gone to sleep. The break often let me come up with fresh solutions to thorny problems.

    What are your best productivity tips for workers who are looking to get ahead in their careers?
    In thinking about their careers, many young professionals try to figure out their ultimate goal – say, becoming CEO of their company, or being appointed a federal judge. But that perspective is unrealistic – the world is far too random for such rigid planning. Instead, young people should take a step-by-step approach to career planning. They should think about what next step would increase their career options in the future. That means gaining transferable skills or knowledge—such as leadership, or computer programming. It also means growing their professional network by working with a wide variety of other professionals.

    Do you think there should still be a 9-to-5 workday or that companies should focus more on results over where and when work gets done?
    For most knowledge workers, a 9-to-5 workday (or even worse, an 8-to-8 workday) makes little sense. Your productivity shouldn’t be measured in terms of hours you log at the office, but rather the results you achieve for your organization or for your clients. So managers should offer flex-time to their trusted employees, and downplay face-time at the office. For example, why not let parents attend their children’s soccer games on a weekday afternoon? They will get the work done at another time, and you’ll earn their loyalty and respect.

    In this hyper-connected world, it’s easy to get distracted. How do you recommend workers stay focused?
    Email and mobile phones can be great contributors to productivity, but also great detractors by wasting lots of time. So I urge you to ignore a large chunk of your emails and then use OHIO—short for “only handle it once”—for the important ones. If an email is important, respond to it immediately. If you wait a few days, you will forget it or take several minutes to find it again. As to your cell phone, I strongly urge you to get a separate ring tone for your boss so that you can easily ignore all other after-hours calls if you so desire. And make an agreement with your boss that you’ll be unreachable during certain times—such as family dinner. Don’t be afraid to “unplug”—turn off your phone, and close your laptop.

    What is the best way to efficiently use your time at the office?
    To use your time efficiently at work, you need to prepare in advance. First, you should write down your goals for the next week and the next year, and then carefully consider which ones are most important to you and your organization. Next, you should each night go over your schedule for the next day and see if it is consistent with your highest priorities. You might find that your schedule is mainly reactive to the needs of others, rather than your own goals. To better align your schedule with your priorities, don’t be afraid to decline invitations to unnecessary meetings, and recognize that certain tasks only require a quick and dirty effort.
    Dan Schawbel is a Gen Y career expert and the founder of Millennial Branding, a Gen Y research and consulting company. He is also the #1 international bestselling author of Me 2.0: 4 Steps to Building Your Future and was named to the Inc. Magazine 30 Under 30 list in 2010. Subscribe to his Personal