Is there an equation for managing your time?
Google seems to think that there is: Business 2.0 :: Magazine Article :: Features :: The 70 Percent Solution. While I don’t know exactly how a math formula could prove that this is the right way to split your time (which is how I’ve heard this formula discussed before – that Sergey Brin proved that this is the right way to focus time), it is an interesting concept. Despite the fact that my company competes heavily with these guys and I certainly have some critiques of the way that they do business, I’m always impressed by leadership with discipline and process. It would seem that on this concept at least, there’s quite a bit of thought and effort behind making sure the company’s time is spent wisely. I am, however, unsure how this 70/20/10 math works correctly if 20% of every engineer’s time is supposed to be spent on personal projects. Is it a guesstimate that most of these projects have to do do with new or related businesses? Hmmm
One other thing: I must say that I always find myself impressed by Eric Schmidt. He’s a lot more college professor than hard core CEO it seems to me. I like his communication style (well aside from that whole CNET thing, but who knows if that was his call or someone getting a little over eager in the PR dept..).
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