Institute of Certified Bookkeepers

Reckon

You might think you are good at multitasking. Sure you feel busy, because you truly are busy. But are you effective?

Monotasking is the new multitasking.

The biggest barriers preventing small business owners from achieving peak performance is having to do administrative tasks, feeling tired or stressed from work, or interruptions from phone calls and emails.

Our business lives are a maze of admin work, which, while necessary, is not what we are there for. No matter your business, you need to find ways to get through these tasks, stay on point and onto the real work.

Our recent research involving over 1300 small businesses illuminated the situation.

  • Our research found that the pressure of administrative tasks and red tape has caused 58 per cent of small business leaders to make an error that has had a financial implication, such as over or underpaying a supplier or employee, or transferring payments to the wrong person.
  • This could also be due to time-poor small business leaders trying to juggle several things at once. 84 per cent say they have done their business admin or reporting while multitasking – for instance, a quarter have watched TV or used a streaming service while doing admin and payroll tasks.

Monotasking or single tasking, as the name suggests, is the art of tackling one thing at a time – all the way to completion. The idea is simple enough – minimise interruptions, eliminate competing tasks, get focused and achieve greater productivity and success. Some strategies to help you monotask include:

  • Properly schedule and maintain a calendar or task list.
  • Sort tasks by size, importance or priority.
  • Set aside 2–4 hours a day for deep focused work.
  • Locate peak performance time so you are in the zone when you work.
  • Eliminate distractions.
  • Choose two major tasks a day with meaningful outcomes.

To read the full article and find more tips on how to improve your business check out our ‘In The Zone hub’.

  • Updated: 24th October, 2019
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