Self-management: what are the benefits for employers?

 

In today's world of frequent, fast-paced changes and high workloads, self-management is a key skill that can greatly improve job and life satisfaction. A lot of us practice self-management without being aware of it. Simply put, self-management refers to the practice of setting goals on a regular basis, using time wisely, and putting in the required effort to complete tasks related to a goal. Being able to self-regulate in this way also serves as a motivational tool, helping to improve concentration and reduce stress levels.

You will never "find" time for anything. If you want time, you must make it. - Charles Bruxton

Identifying those who practice self-management

Individuals who display high levels of self-management are able to monitor and evaluate their own progress in order to improve their own efficacy in their work and daily life. They are able to focus, prioritize, and complete tasks while being able to manage and process distractions.

Self-management traits

There are a number of traits associated with individuals who are considered extremely efficient at self-management. These individuals tend to be:

  • cautious
  • excellent time-managers
  • ambitious
  • good decision makers
  • logical thinkers
  • planners
  • analytical

How does self-management benefit employers?

Being able to self-manage has many benefits in the workplace and therefore is beneficial not only to the employees who are self-managing, but also to their employers. Self-managers require little input from their employers and are able to work with minimal direction from the management while performing optimally. This allows managers to concentrate on other tasks. Additionally, since managers are paid on average significantly more than employees without managerial responsibilities, employees with high levels of self-management would reduce the cost associated with management, as fewer managers would be required to oversee departments. In sum, by employing individuals who display high levels of self-management, an employer can reduce the number of required managers, inevitably making organizations more efficient and increasing their cost-efficiency.

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