Of course it does!
However, concentrating on squeeing every last drop of productive output from each day and multi-tasking to get more done can lead to burnout, to stress and anxiety and to a drop in performance.
If this sounds like your existence, then think about what it represents.
Time is managing you, rather than you managing your time.
Almost certainly, you and/or your loved ones, will be complaining about your poor work-life balance.
You have to regain control over your schedule – by better prioritisation, better delegation, better planning, making sure you have fewer distractions, taking proper breaks – all the usual time management practices.
Time does matter. So, control it. Make control of your own schedule your very own superpower, rather than your arch-enemy. Your family will thank you for it – and you will feel much better for it. Almost certainly, you will also be more productive – so your organisation will also thank you for it!