Your one non-renewable resource

Your one non-renewable resource

For any project, the three primary resources are time, money, and people. And with any project (and in life itself) the only resource that is non-renewable is time. You can always find more money and you can always add more people, but you can never recover time spent on a project. (Yes, you can add time to a project, but that just means the project finishes later; you haven't actually renewed time.)

Why does this matter? Because time is non-renewable, you should guard it very jealously. Not only your own time but anyone else working on the project. That means only "using" someone's time when you absolutely have to.

For example, are you having a meeting to discuss the project? Will the meeting involve only sharing of information or will it involve decision-making also? If it's only information sharing, more often than not the information can be shared by memo/email. Don't get ten people in a Zoom meeting for half an hour just to talk. That's time lost forever.

And should a decision come down to adding more time or adding more expense, always choose the latter. You can always find more money (renewable) but you can't renew time.

Wes's Wednesday Wisdom Archives

Success Starts at the Top

December 20, 2023

Success Starts at the Top I recently had a conversation with an association staffer who was […]

Who are you bringing along?

December 13, 2023

Who are you bringing along? Last week I had the opportunity to attend the AWTC […]

Write it down!

December 6, 2023

Write it down! If you’re in the market for a new AMS (or any new […]

Why “weeding the garden” is so important

November 30, 2023

Why “weeding the garden” is so important One of the most important activities for maintaining […]

It’s time to stop excusing association professionals

November 15, 2023

It’s time to stop excusing association professionals I worked in associations for nearly 10 years, […]

More demos is not better

November 8, 2023

More demos is not better When I work with clients on selecting a new system, […]

The database owner should be “passionate”

November 1, 2023

The database owner should be “passionate” I’m frequently asked by my clients: “Who should we […]

Discipline is required

October 25, 2023

Discipline is required Last week I discussed the importance of taking action. To manage data […]

Action is required

October 18, 2023

Action is required Over my many years of consulting, one thing I’ve noticed about many associations […]

Some data analytics tips from the DAN “Science Fair”

October 11, 2023

Some data analytics tips from the DAN “Science Fair” Last week I had the opportunity […]

Scroll to Top