Following a brief discussion of the concept of time as a resource and a clarification of that resource's importance, the author analyzes 20 ways administrators waste time and 40 ways administrators can save time. None of the techniques suggested require special forms or training. The time wasters considered fall into the areas of personal attitudes, personal and organizational planning, and working conditions. The time savers include ways to practice self-control, make decisions, eliminate distractions, organize activities, and delegate authority. Most importantly, the administrator must have a capable secretary. The author concludes that there are two ultimate "secrets" for saving time: to decide what is to be done with one's life personally and professionally, and to take charge of one's life personally and professionally. (PGD)