I frequently get asked questions about how I spend my time as the CEO of Simple Mills.
You'll learn where and how you're spending your time, how it compares to the results you've received. Make changes to your focus or streamline as needed.
It doesn't just work for CEOs or to gauge productivity. Having your leadership, managers and other team members tally the same can be a fun way to celebrate hard work and outcomes.
Here's a look at mine.
365 Days As A CEO:
14 Days in the Factory
32 Days Developing Product in the Kitchen
432 Elevator Pitches
1,196 Hours Meeting With Team Members
34,865 Emails Received
12,093 Email Sent
4 Team Days
140,243 Miles Flown
93 Hours Sitting In An Uber or Lyft To/From the Airport
112 Hours at Tradeshows or Conferences
19 Days on Vacation
21 Cities Slept In
135 Tough Conversations
13 Retailer Meetings
230 Meetings With Other Entrepreneurs
320 Meetings With Potential Business Partners
19 Appearances on TV
22 Meetings With Board Members
23 Panels & Speaking Events
47 Meetings With Potential Investors
27 Innovation Meetings
8 Countries Visited In Spare Time
21 Performance Review And Goal Setting Conversations
The data you gather about how you've spent your time doesn't have to be ultra precise or completely accurate - just an estimate or snapshot can be enough to analyze efficiency and effectiveness.
To obtain the numbers above, I looked at my calendar and email, and then combined it with a rough idea of specifics like hours spent in air travel and rideshares that weren't formally tracked. I didn't account for time to and from meetings or events. But, the above numbers were more than substantial to tell a story of what I did in the past year.
From here, I was able to get a real view at how it correlated to outcomes for my business. For example, the 32 days I spent developing product and 14 factory visits in the past 12 months ultimately drove the creation of 11 new products, several of landed on store shelves this year. It was well worth the time and effort.
It can be easy to lose track of where your time goes in any role within an organization. It's particularly if you're the CEO or on the leadership team, but it can be just as possible for your management and support teams to as well.
Everyone has a juggle of duties and responsibilities that ultimately add up throughout the year -- meetings, emails, travel and other activities. It may not be to the tune of 32,000 emails in your in box as the CEO -- yet there are still time sinks no less. It can be just as valuable to see how this adds up among individuals and teams, and how it corresponds to your company's overall success.
You can make it an annual evaluation or do it by the week, month or quarter. While it can be a more serious function, where you truly use it as a means of analyzing productivity and results, taking a look at the year in numbers can be a fun way to celebrate everybody's effort and accomplishment.