Return on Time

Ali Anani, PhDAli Anani, PhD

Two of my university female students walked in my office with the face of the beautifulone grimed

What is the problem? I asked.

It is unfairness, she replied.

It is unfair that I studied for two hours only and I got an A whereas my friend studied for long hours and got a C grade.

Great, then next time I must watch for how many hours a student studies and evaluate him accordingly?

Is this fair? I asked.

I am not going to visit every student at home and check out her efforts.

I am only able to correct for the output… the written answers on the exam paper

The story tells us an important fact:

It is not only the effort we put in; more it is the output we get.

It is not only Return on Investment (RoI); it is more Return on Time (RoT)

Time is a real differentiator and is subject to Blue Ocean Strategy

See my presentation:http://www.slideshare.net/hudali15/the-blue-ocean-strategy-of-time

time wastage

the value of time

or what I call Time Dissipation

time downs and losses

is a major block as it may fulfill the other three blocks or frames of action

Create

Let me show by example

Limestone is widely used in the three industries (Plastics, paints and Paper)

Ps

The grinding time is crucial in reducing the cost of beneficiation of the mineral

Adding a cheap lubricating the mineral reduces the grinding time by up to

50%

Not only that as the proper lubricating material may enhance the luster of the mineral, which shoots up its price

By adding a little extra cost we thus achieved:

the grinding time

the cost of production

the quality of the produce

the selling price

labor cost

Reducing

Reducing

Reducing

Raising

Raising

This way Creative led to achieving other frames of action

We did more for lessMore value inless effort

It is not only Return on Investment; it is more on return on the invested time that resulted in much less dissipation of time

Plants use photosynthesis to manufacture food.Not all light is used and some light is a waste.

So, are times spent in dissipated efforts

Scattered lightScattering means the light is deflected in all directions. Scattering happens when light energy is absorbed by a particle or a molecule and causes the electrons to be more energized . When the electrons release this extra energy it is in the form of light energy. The released light energy is scattered.

http://www.education.com/science-fair/article/demonstrate-scattering-light

LegendSun light

White light

Scattered (blue) light

Oxygen molecule

We humans may scatter time in all directions.

Some humans scatter seconds whereas others scatter hours

To give time its monetary value we should talk about Return on Time

Hoping that this presentation has a value of your time invested in its reading