This is the real story of an Americantycoon of the early twentieth century who was the first man in the world tohave earned more than a million dollars a year. Maybe today thisfigure is not so impressive.
It’s about Charles Schwab, the president ofthe company “Bethlehem Steel”. Because of his leadership, thiscompany has become one of the largest companies in the world. Of course, suchsuccesses could not be achieved without the correct organization oflabor. At the very beginning of the development of the company, CharlesSchwab managed to introduce a special method of increasing laborefficiency.
He got the idea from Ivy Lee-consultant of productivity. Ivy Lee asks for 15 minutes, and when Schwabagreed, Lee handed him a sheet of paper and offered to write all the thingsthat he must do tomorrow. After that, he suggested that Schwab arrange thecases in order of importance. And when Schwab did this, Lee said:”Tomorrow start the day with the case at number 1 and do notget distracted by anything until you do it.
Next, go to case number 2 andalso carefully work on it. Then go to case number 3 and so on.Even if you do not complete your entire list, you will still dothe most important things. If you complete your whole plan, and your workdayis not over yet, then compose a new list and begin to implement it.All that you have not done, you can move to the list of the nextday. He asks him to use this process for every working day.Thewhole secret of this method is to do these actions day in and day out:§ write a to-do list;§ assess their importance;§ Set priorities;§ Work strictly according to plan.Allthat Schwab had to do at his company was to use this method of increasing laborefficiency every day and introduce it into the work of his subordinates.
Lee was so sureof the effectiveness of the method that he suggested testing the system as muchas needed. And then pay for his services, setting the price of thissystem. Schwab decided to use it and a few weeks later Schwab sent IveyLee a check for $ 25,000. And then he said that it was the mostvaluable idea that he ever received.Since the time of these events, morethan a hundred years have passed. But the method of increasing efficiencyproposed by Ivy Lee has not lost its relevance. Ivy Lee method also suggests that weshould not do multitasking. Because, the fewer tasks you put yourself, the moreproductive your work will be.