Managing your time effectively becomes more important once you are the leader of a company, a CEO. The impact of your decisions is great, so addressing and solving problems efficiently will have positive repercussions.

So what is the best way to spend your time as CEO? Not that the role fits the job description perfectly. Your role is outlined by the stage of your company, the size of your team, and the nature of your business.

In a recent Harvard study, all 27 CEOs of large companies (median annual revenue of $ 13 billion), including just 2 women, revealed how they actually spend their time. Most work an average of 62.5 hours a week. Most (more than 70%) work weekends and holidays. They sleep an average of 6.9 hours per night.

The breakdown of how they spend their time is as follows:

• 25% people and relationships
• 25% functional reviews of the business unit
• 21% strategy
• 16% organization and culture

which adds up to 87%.
These percentages reflect a focus on working U.S the business, instead of in appropriate for a CEO, and a change many founders must make if they want a sustainable business. The remainder of his time is spent on mergers and acquisitions (4%), operational planning (4%), professional development (3%), and crisis management (1%).

Three-quarters of these CEOs’ time are scheduled and 25% are open. Overall, 72% of your time is spent in meetings and 61% of communication is face-to-face. More than 80% of a CEO’s time is spent interacting with other people, according to a professor at Columbia Business School.

Surprisingly, the perception that meetings are a waste of time turns out not to be true for CEOs. A key finding is that the more time a CEO spends in meetings with employees, the better the company does overall.. That’s true according to key measures of growth over time and productivity, even when controlling for industry, size, location, and capital employed. It also means that you can have more impact within your company, helping employees increase their own impact.

How much time do you spend with your employees? Something to consider on the rise, given the benefits.

Your time is always valuable, and especially in your role as CEO. Focus on work U.S your business instead of in It pays great rewards not only financially, but also for the impact you and your business can have.