Multiple Payoffs

I recently read a Harvard Business Review article by Stewart Friedman that got me thinking about using my time more effectively. Friedman recommended what I call “multiple payoffs” for each planned activity. We all have limited time, so we need greater return on each invested hour of our time.

Friedman gave the example of an executive who raised money for a charity that her company sponsors by running a marathon with her son, thus simultaneously gaining visibility for her company, spending more time with her family, giving to the community, and improving her health. Multiple payoffs!

A few years ago, Nido Qubein introduced me to this idea. You can use the Search function on my blog to read more about his ideas, or check out his website http://www.nidoqubein.com/.

Do you have personal examples of multiple payoffs on single activities in your life? If so, let me know. I’d like to share them with my readers.

For more information on this and other individual effectiveness issues use the Search function on my blog, and read my book, “Strategic Organizational Learning” (available at Amazon.com, Barnes & Noble bookstores, or my website http://www.mikebeitler.com/). There are also many free resources on the Free Stuff page on my website.