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Chronos and Kairos
Understanding and
Managing Time
Tero Reunanen*
ABSTRACT
Time is the most important resource in a modern business environment. Every other
resource can be added or reduced, but time is imperative. Resources such as person-
nel, capital, or facilities are also needed, but their usage is always time dependent.
People’s productivity, and hence organizational performance, is heavily related to
time usage. On the one hand, some people can be very productive in a very short
time period, even when work is not very efcient, and on the other, a person who
is very efcient may even damage the organization. Therefore, organizations a ...