Harvard Case - Ryan Serhant: Time Management for Repeatable Success (A)
"Ryan Serhant: Time Management for Repeatable Success (A)" Harvard business case study is written by Ashley V. Whillans, Hawken Lord. It deals with the challenges in the field of Negotiation. The case study is 11 page(s) long and it was first published on : Apr 4, 2023
To address these challenges, Serhant needs to implement a time management strategy that will help him to:
- Prioritize his tasks
- Set realistic deadlines
- Delegate tasks to others
- Minimize distractions
4. Recommendaations
Prioritize Tasks
Serhant should start by prioritizing his tasks. He should identify the most important tasks that need to be completed each day and focus on those first. He can use a to-do list or a task management app to keep track of his tasks and their priorities.
Set Realistic Deadlines
Once Serhant has prioritized his tasks, he needs to set realistic deadlines for each one. He should be realistic about how much time each task will take and avoid setting unrealistic deadlines that he cannot meet.
Delegate Tasks
Serhant should not be afraid to delegate tasks to others. He has a team of assistants and other professionals who can help him with various tasks. By delegating tasks, Serhant can free up his time to focus on the most important tasks that require his expertise.
Minimize Distractions
Serhant needs to minimize distractions in order to stay focused on his work. He should turn off his phone and email notifications when he is working on important tasks. He can also use a noise-canceling headset to block out distractions from his surroundings.
5. Basis of Recommendaations
The recommendations provided above are based on the following assumptions:
- Serhant is committed to improving his time management skills.
- Serhant has the resources and support necessary to implement the recommendations.
- The recommendations will be effective in helping Serhant to achieve his goals.
6. Conclusion
By implementing the recommendations outlined above, Serhant can improve his time management skills and achieve greater success in his real estate career. He will be able to prioritize his tasks, set realistic deadlines, delegate tasks to others, and minimize distractions. This will allow him to focus on the most important tasks and achieve his goals more efficiently.7. Discussion
Other alternatives that Serhant could consider include:
- Hiring a time management coach
- Taking a time management course
- Using a time management app
The risks associated with implementing the recommendations include:
- Serhant may not be able to stick to the recommendations.
- The recommendations may not be effective in helping Serhant to achieve his goals.
8. Next Steps
Serhant should start by implementing the recommendations outlined above. He should then track his progress and make adjustments as needed. He should also seek feedback from his team and other professionals to ensure that he is on the right track.
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Case Description
From an open-concept 90's-style stone and wood cabin in Dublin, New Hampshire, Ryan Serhant reflected on his career as a real estate broker. As Ryan stared into the fireplace that featured prominently in the center of the house, he wondered whether the period of selling real estate at record highs in New York was over. A few short months earlier, the United States had begun to shut down to prevent the spread of the Covid-19 virus. New York City was unsure of its future under this newly defined threat. New York also faced a real estate crisis, as loyal residents started to leave the city in search of more space and distance from other people. Many experts feared that New York City real estate was "in a worse state than after September 11th and the 2008 financial crises." Students step into Ryan's shoes as he faced a decision in March 2020 at the height of Covid-19: Should he stay at his current real estate brokerage, launch his own brokerage in a pandemic, or enjoy the flexibility to start new ventures and spend time with family? As part of the discussion, students reflect on Ryan's time management techniques including the 1,000-minute rule, Task Triage and Finder, Keeper, Doer methodologies, and consider the strengths and weaknesses of these various time and prioritization strategies.
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