In the fast-paced world of corporate leadership, maximizing productivity is essential. A study highlighted in the Harvard Business Review reveals that CEOs typically work an average of 62.5 hours per week and participate in 37 meetings. Here are nine strategies that top executives employ to enhance their efficiency and that of their teams:
1. Designate Meeting-Free Days
Managing a staggering number of weekly meetings can be overwhelming. To combat this, Dustin Moskovitz, CEO of Asana, has instituted “No Meeting Wednesdays” across his company. This initiative allows employees to focus on their tasks without interruptions, acknowledging the need for uninterrupted time to foster creativity and productivity.
2. Incorporate Naps into the Day
Josh Luber, CEO of StockX, champions the power of short naps to boost energy levels. With a demanding schedule that often requires travel across various time zones, Luber integrates 11-minute power naps into his routine. He emphasizes that these brief rest periods significantly enhance his productivity.
3. Utilize Downtime for Reflection
Sara Blakely, CEO of Spanx, finds that her best ideas often come during what she calls her “fake commute.” By intentionally taking an hour before work to drive around her city, she allows her thoughts to flow. She also keeps a notebook handy to jot down ideas during less engaging meetings.
4. Be Clear and Direct in Emails
Katia Beauchamp, cofounder of Birchbox, has found that including deadlines in emails greatly accelerates decision-making. This simple change enhances prioritization and keeps projects on track.
5. Embrace the Power of “No”
Jason Fried, CEO of Basecamp, highlights the importance of selectively committing to tasks. By saying “no” more frequently, he protects his time and focus, allowing him to achieve his goals more efficiently.
6. Foster Direct Communication
Elon Musk, CEO of Tesla, advocates for open communication channels. He believes that bypassing unnecessary hierarchical layers can streamline processes and improve collaboration. This approach helps prevent misunderstandings that can arise from poor interdepartmental communication.
7. Make Quick Decisions
Former Hewlett Packard Enterprise CEO Meg Whitman emphasizes the importance of timely decision-making. By favoring quick “no” or “yes” responses, she minimizes indecision and keeps projects moving forward, recognizing that mistakes can be rectified as needed.
8. Reduce Email Volume
Jeff Weiner, CEO of LinkedIn, practices sending fewer emails to encourage a less cluttered inbox. By being selective with his communications, he has observed a significant reduction in overall email traffic, making his inbox more manageable.
9. Refine Your To-Do Lists
Brian Chesky, CEO of Airbnb, starts his day by creating a comprehensive to-do list, then grouping similar tasks together. This method allows him to identify key actions that can tackle multiple tasks at once, streamlining his efforts and maximizing productivity.