Small Businesses

Infographic: How to Prioritize Using the Urgent/Important Principle

  • 2 min Read
  • December 6, 2019

Author

Escalon

Table of Contents

By Sarah Lerche

Do you feel like you could prioritize more efficiently at your business? You’re not alone — and this problem is not a new one.

During a speech in 1954, former President Dwight Eisenhower said, “I have two kinds of problems: the urgent and the important. The urgent are not important, and the important are never urgent.” A theory was created around that quote, now known as the Eisenhower Principle. It involves the use of a matrix to classify the four types of tasks on your list, as follows:

Urgent and Important:

This includes the responsibilities that should be completed immediately, like tracking down a missing customer shipment that’s already running behind.

Important, Not Urgent:

In this category, you’ll include tasks that have to be completed, but not immediately. For instance, you may need to nail down the budget for an upcoming website redesign, but it’s not required to be done today.

Urgent, Not Important:

You can delegate these responsibilities to others. For instance, if you keep getting notifications that your security alarm is malfunctioning, you can ask a staff member to handle that.

Neither Important Nor Urgent:

Ideally you can cut these tasks from your list entirely. For instance, catching up on personal emails.

If you’re unclear about how to identify “urgent” and “important” tasks, here’s a reminder:

Urgent tasks

are the ones that must be handled immediately. If you don’t address them swiftly, there will be big repercussions.

Important tasks

help you reach your overall goals. If you don’t address them, you could fail to hit the benchmarks you created for yourself.

Check out this infographic to get more details on the matrix, and start prioritizing your tasks into one of the squares to ensure you’re working as efficiently as possible.

 

Urgent important Infographic

 

Talk to our team today to learn how Escalon can help take your company to the next level.

  • Expertise you can trust

    Our team is made up of seasoned professionals who bring years of industry experience to the table. You gain a trusted advisor who understands your business inside out.

  • Quality and consistency

    Say goodbye to the hassles of hiring, training and managing in-house finance teams. You will never have to worry about unexpected leave of absence or retraining new employees.

  • Scalability and Flexibility

    Whether you’re a small business or a global powerhouse, our solutions scale with your needs. We eliminate inefficiencies, reduce costs and help you focus on growing your business.

Contact Us Today!

Tap into the latest insights from experts in your industry

Accounting & Finance

Tax Implications of Remote Work: What SMBs Need to Know 

The rise of remote work has opened exciting possibilities for small and medium businesses – access to a wider talent...

Leadership & Growth

Succession Planning: Preparing for Leadership Transitions 

Change is inevitable in business, and one of the most significant changes a company can face is a leadership transition....

Accounting & Finance

Sales Tax Compliance in the Digital Age: Challenges and Solutions 

The rise of e-commerce and digital business models has revolutionized how companies reach customers, but it has also added new...

Leadership & Growth

Implementing Lean Management Principles in SMBs

“Lean management” might conjure images of big manufacturing plants fine-tuning assembly lines, but the principles of lean are highly relevant...

People Management & HR

Developing a Competitive Compensation Strategy for SMBs

For small and medium-sized businesses, a competitive compensation strategy is key to attracting and retaining the talent needed to grow...

Accounting & Finance

The Role of Financial Reporting in Small Business Growth

Financial reporting often appears to be a routine exercise, but for small businesses, it can be the difference between reactive...

Accounting & Finance

The Impact of Accurate Financial Operations on Business Success

Financial operations encompass the systems and processes that govern every monetary aspect of a business—from managing payables and receivables to...

People Management & HR

The Benefits of Outsourcing Payroll for Small Businesses 

For many small business owners, running payroll is a time-intensive chore that requires meticulous calculation, familiarity with tax codes, and...

Accounting

Introducing C3: Your All-in-One Financial Management Platform

Managing your business’s finances can often feel like juggling too many tasks at once, especially when you’re trying to keep...