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Productivity maybe . . . but for what purpose?

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Productivity maybe . . . but for what purpose?

Why choices about what to do with the time and effort you save are more critical

    One reasonable definition of increased personal productivity is creating the ability to do more with less effort and in a shorter time. Nothing wrong with that — at least until you ask what you will do with the time and effort you have saved.

    Not so many years ago, many people — including governments and businesses — thought that a rapid increase in individual and corporate productivity would lead to an explosion of leisure time; that we would all be working only two or three days each week, with the rest earmarked for leisure. There were concerns about how people would spend all this free time, and whether it would produce fresh possibilities for businesses, or some kind of social unrest.

    We know now, of course, that it didn’t happen. Far from working less, people are working even longer hours, despite all the increases in productivity over the past few decades.

    Why didn’t it happen?

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    I think the answer lies in the question that I started with: what do you do with the time and effort saved by increasing your productivity? Do you spend it; and, if you do, what do you buy?

    That question remains critical for all of us.

    The rise of consumer-driven economies . . .

    One way of spending the time and effort saved by greater productivity, of course, is to produce still more. That’s become the orthodox approach. As productivity rises, you don’t allow employees to work less, you use the effort freed by improving processes and systems to add to production. By this definition, for an organization to be more productive means to increase output indefinitely; preferably reducing unit costs at the same time. In personal terms, it means doing more and more and increasing your earnings as a result.

    Where is all this extra production to go? People must buy it to keep the whole cycle in place. That’s what has produced a society in which people work longer and harder in order to buy more; and an economy that depends on this process continuing — even increasing. If growth is driven by consumption, consumption must increase — not just by increasing overall wealth, but by encouraging all of us to buy more and more, regardless of need.

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    Of course, one way to speed up the process is to make credit as easy as possible, so that mere income no longer limits what people can buy. We’re seeing the result of that answer today, and it isn’t very comfortable.

    . . . increases the need for consumption-driven individuals

    At an individual level, the same process drives those who work long hours to increase their income; then spend it on consumer goods and expensive, designer labels. In many cases, the possession of the latest, flashiest, and most expensive product becomes an end in itself: a display of personal power and success, much like a peacock spreading its magnificent tail to demonstrate dominance. It has to be this way, since all the time allocated to working and earning leaves no time for spending money on vacations or leisure time or anything that cannot be purchased in an instant.

    Easy credit allowed such people to leverage their spending power, running up huge debts in the process. Some did it for display, others as a means to earn still more by riding on the back of the explosion in house prices. Then still more people copied them, especially by buying real estate, whether as a home or an investment.

    For a while, they were all the darlings of the economy: the driving force behind boom times for corporations and shareholders. Now things have gone wrong, there are fears that, by stopping such manic spending, consumers will drive world economies into a painful recession. If people don’t consume, companies can’t produce, and the entire cycle comes to a halt.

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    It’s all about choice

    Let’s bring this down to the personal level. Suppose you increase your own productivity, either by using one of the many techniques available or just by becoming more focused and better organized. You can now do what you used to do in less time and with less effort.

    What will you do with the “savings?”

    • You can “spend” them — by working just as much, or more, and increasing your monetary earnings. You will then have more cash, but still less time to enjoy it: the typical position of most people today. This answer honors the notion built into the Puritan Work Ethic that idleness causes moral hazards and work is good in itself. It’s what the US economy has become dependent upon.
    • You can spend them on leisure. You can keep your output (and probably your earnings) at the same level and devote the extra time to something else, whether that’s pleasure, volunteer activities, family time, or simply hanging out and enjoying life. Some people will label you as idle and lazy, but you don’t have to accept either description. Your choice will, however, depress activity in any consumer-based economy — and the earnings of a good many corporations as a result.
    • You can save them. Yes, you can “bank” your extra time — even invest it.

    How do you do this? By allocating the time to something that will bring you “interest” in terms of future increases in earnings, productivity, or enjoyment.

    This something is called learning. Time spent on learning will improve your ability to do whatever you choose in the future. It’s the equivalent of a corporation using productivity savings to finance research and development that will itself result in new products and fresh ways to become still more productive.

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    That won’t help the consumer sector of the economy in the short-term, but it will boost long-term creativity and add to activity in the education sector. It will also likely improve the chances of the nation leading the next wave of economic activity, based on products that haven’t yet been invented.

    Think about it carefully

    The choice of how we spend our productivity savings is crucial for the way we will live in the future, both at the personal level and for society as a whole. It’s worth taking some time to think about it quite carefully.

    As with all savings, there will always be people eager to take what you have and use it for their own short-term gain. My strong suggestion is that you hold on and make your own decision. As today’s financial woes have shown, jumping into simple answers and spending productivity gains right away can leave you with an almighty hangover.

    Photo credit: Artful Scribe at Morguefile.com

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    Last Updated on January 13, 2022

    How to Use Travel Time Effectively

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    How to Use Travel Time Effectively

    Most of us associate travel and time with what we’re going to do one we get to our destination. Planning and mapping out what to do once you arrive can certainly make for a more pleasurable vacation, but there are things you can do while you are on your way that can make it even better.

    Sure, you can plan for the things you’re going to do on your vacation while you are travelling en route – but what about making use of that time for other things that you don’t usually do when you’re at home? You don’t need to have your gadgets with you to do it, and you can really connect with yourself if you take the time to manage your life while heading towards your vacation destination.

    Here are some great tips to help you with your time management while you travel, some of which are more conventional than others. Nonetheless, you can find out what works best for you and apply them accordingly depending on when and how you are travelling.

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    1. Take Your Time Getting There

    As I write this, I’m on a flight to San Francisco. Flying is the fastest way to get from place to place, and for many people it’s really the only way to travel.

    But I’ve often taken the train or ferry on trips so that I have extra time without distraction to get more done. I’m not worrying about navigation or lack of space to do what I want to do. Instead I’m able to focus on getting stuff done during the time I’ve got without feeling rushed. For example, when I took the train from Vancouver to Portland, it was an eight hour trip and I managed to get a ton of writing done and closed a lot of open loops. It also was less expensive than flying, which was a bonus.

    Sometimes taking the long way to get somewhere on vacation can be the best thing for you to get somewhere with your life.

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    2. Go Gadget-Free

    This is going to be a tough one for a lot of you. But why do you need to bring your gadgets with you when you go on vacation? It isn’t be a bad idea to leave all but one of them behind, and only pull out that one when you absolutely need to do so. In some countries, you’d be wise to be discreet with them anyway since flaunting them in front of those that are less fortunate than you isn’t a good practice. While it may not seem like flaunting to you, in different cultures it can definitely come across that way.

    If you can’t go gadget-free, then at least go Internet-free. If you use a task management app that requires syncing across your multiple devices to be effective, remember that if you only have the one device with you then it can be the “master device” for the time being and will store your data locally anyway. Just sync up when you get home.

    3. Reflect and Prepare

    Finally, going on any sort of excursion gives you the perfect opportunity to reflect on where you’ve been. The fact you have removed yourself from where you usually are can give you a perspective that you simply can’t get when you’re at home. You may want to journal your thoughts during this time – and by taking more time to get to your destination you’ll have more time to dig deeper into it.

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    After a period of reflection – however long that happens to be – you can then begin to not only prepare for the rest of your travels, you can prepare for the rest of what happens afterward. The reflection period is important, though. You need to really know where you’ve been in order to properly look at where you want to be. Time away from things gives you that chance.

    Conclusion

    Traveling isn’t always about where you’re going and how quickly you can get there. In fact, it’s rarely about that at all.

    More often it’s where you’re at in your head that will dictate how much you benefit from traveling. So don’t just go somewhere fast. Instead, take your time on the way there and take the time to connect with not only where you are but who are while you’re there.

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    If you do that, you’ll have a better chance to be who you want to be when you leave.

    Featured photo credit: bruce mars via unsplash.com

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