Managerial Skills Lecture Managing Stress Learning Objectives • • • • Understand Symptoms of Stress. Identify Causes of Stress. Reduce Causes of Stress. Develop Resiliency to Stress Why Is Stress Management Important? • Organizational Costs • Individual Costs – Health Impairment – Job Burnout – Performance Decline Exhibit: Relationship Between Stress and Job Performance What Skills Are Needed to Cope with Stress? • Becoming Aware of Negative Stress Symptoms • Determining the Sources • Doing Something Constructive Stress Symptoms • Physical Symptoms • Psychological Symptoms How Can Stressors be Identified? (Sources of Stress) • Major Organizational Stressors? – High-stress Occupations • Level of control, physical conditions, time pressure, responsibility – Job Role • Overload or underutilization • Ambiguity or conflict – Interpersonal Relationships How Can Stressors Be Identified? (continued) • What are major personal stressors? – Family problems – Financial problems – Health problems • Change – Personality • E.g. Type A How Can Stressors Be Identified? (continued) • Major Environmental Stressors – Economic Uncertainty – Political Uncertainties – Technological Change What Constructive Things Can Be Done To Reduce Stress? • Individual Coping Strategies – Seeking Help – Managing Time (planning, scheduling, using time effectively) • Planning – Know your Values and Goals • Organizing – List Activities – Prioritize Activities Based on Planning Activities That Determine Time Use IMPORTANCE HIGH Most problem solving HIGH Immediate deadlines LOW Answering the phone E-mail Interruptions from others Reading a book related to current priorities URGENCY LOW Preparing for more distant deadlines Family Worrying or anger Watching too much TV Surfing the internet for no reason What Constructive Things Can Be Done To Reduce Stress? (Continued) • Individual Coping Strategies (Continued) • Horizontal Scheduling • Vertical Scheduling • Effective Delegation • Constantly Ask: What Is the Most Effective Use of My Time Right Now? Exhibit: 80/20 Rule Activities Time Spent Results Trivial 80% 20% Vital 20% 80% What Constructive Things Can Be Done To Reduce Stress? (Continued) • Individual Coping Strategies (Continued) • • • • Capitalize on Your Productivity Cycle Minimize Disruptions Avoid Procrastinating Meeting Management Exhibit: Methods for Dealing with Procrastination REASONS POTENTIAL SOLUTIONS Unpleasant task Do it first thing. Find someone else to do it. Divide and conquer by breaking it into smaller pieces. Set a time aside Ride the momentum. Once you get going, keep at it. Assume success Ask for clarification. Clarify your own goals. Ask for clarification. Plan how to do it yourself. Overwhelming tasks Unclear goal Unclear task flow See text for Psychological Reasons . . . What Constructive Things Can Be Done To Reduce Stress? (Continued) • Individual Coping Strategies (Continued) • Changing Jobs/Major/Career • Developing Resiliency – Personality Hardiness • High Self-Esteem – self-serving bias vs imposter syndrome • Internal Locus of Control – Reframing – Small-wins Strategy • Extroversion What Constructive Things Can Be Done To Reduce Stress? (Continued) • Individual Coping Strategies Through Resiliency(Continued) – Social Support – Health Maintenance • Diet and Exercise • Short-term, Emotion-Focused Strategies – Recreation – Relaxation