TEMPORAL TACTICS: ENHANCING BUSINESS PERFORMANCE IN THE NIGERIAN BANKING SECTOR

Abstract

Effective leadership stands as the linchpin of organizational triumph. While overarching decisions rest at the organizational level, the execution of these decisions with precision and timeliness hinges on individual time management. Management, likened to a valuable asset, strives to optimize resource utilization, enhance value addition, and yield maximal returns (Mitch, 2017). Philpot (2019) underscores that adept time management pivots on strategic daily planning to extract the utmost from this invaluable resource. Time, an irreplaceable asset, constitutes a critical resource for managers striving to realize organizational goals and objectives. Its fleeting nature necessitates judicious spending, for once misspent, it remains irretrievable. The quest for enhanced time management pervades across organizational echelons, with both overarching enterprises and individuals seeking avenues for heightened efficiency.

In the pursuit of organizational excellence, time effectiveness assumes paramount significance, signifying the apt allocation of resources towards pertinent tasks, precisely when required (Kinicki & Kreitner, 2018). This efficacy in resource utilization aligns with the intrinsic goal-oriented nature of organizations. Kinicki and Kreitner (2018) posit that effectiveness serves as the bedrock for bolstering outcomes, underscoring the imperative of lucidity in execution.

Dwight (2019) extends this perspective, regarding effectiveness as a qualitative benchmark indicating the degree to which specific challenges are addressed, and the extent to which predefined goals and objectives are attained by personnel.