August  2017     Edition 133
The serious downside of Procrastination and a strategy to address it.

We’re all guilty of this

. 
Putting off something we should do now, but decide to do later.  One obvious consequence of this is the mad dash to meet a deadline and the crises and subsequent stress associated with getting something done at the last moment.   While some people thrive on this adrenaline rush, it’s often disruptive to an organization and the people around.

But there’s another much more serious downside of Procrastination.

  
It’s the risk of a missed opportunity.   For example, you decide you want to go to a concert or ball game, but you procrastinate and wait to buy the tickets.  The result is that all the good seats are taken, the price is higher, or you might not get a ticket at all.   You had the money, your calendar was free, but you just didn’t allocate the 15 minutes to buy the ticket.  Bummer.

We live in a highly competitive world, often competing for the same opportunity or resource.  You see a job posting that sounds interesting, but wait to apply, and someone else who didn’t wait gets the job.  Bummer.   You’ve heard the expression, you snooze, you lose.

Procrastination usually occurs

when you know you NEED to do something, but don’t want or like it (like writing those obligatory thank you notes).   So you put it off.

One might claim

…” but I didn’t have the time”, and sometimes that’s legitimate.   However many times, if you look back at what you did with your time, you realize you spent the time on things that you wanted, but really didn’t need
.

I’m not suggesting

you have to push to be the first in line, or when the clock strikes exactly 24 hours before your Southwest flight, you’re on your computer checking in so you get a good priority for seating.

I am suggesting

that you develop a strategy for avoiding procrastination so when the result really does matter, you don’t miss out altogether.

So here’s a simple strategy when you have a task, a.k.a., a “to do”.

Ask about the Necessity.

 
Is this task, or to-do, necessary?    If it’s something you can easily do without, or you don’t care about, then don’t worry about procrastination as it doesn’t matter.  But if it does matter, ask a few more questions.

Understand the competition

. 
Ask: Who or what am I competing with for this resource or opportunity and when might those competitors take action?  If you’re buying a house in an environment where 30 others will also be looking and making an offer on the same house, then you’ll kick yourself if you procrastinated about getting pre-approval for a loan. 

Timing is everything, and Time doesn’t wait for you.

 
Ask:  Based on the competition, or just the clock itself, when must I complete the task to avoid and/or minimize the risk of missing the opportunity or getting the slim pickens at the end? 

Things take longer than you think and stuff happens.

 
The most important question, Ask: Once I start, how much time do I need to complete the task, taking into account interruptions, waiting on others, and surprises that I can’t anticipate.  Double or triple your estimate.  Also, stuff happens, e.g. Your wifi doesn’t work, you get called into an unexpected meeting, you get sick, etc, so have a plan B to get your task done in time in case stuff does happen.


The Takeaway:  
The strategy to minimize missed opportunities is to understand the need, the competition for the resource, and how long things really take, so you know when you have to start in order to finish and grab the opportunity before it’s lost.  Don’t artificially put yourself in the position to say, “Bummer"

If you like this edition,

click here to get a Free Subscription to The Headscratcher Post.

  A monthly post with tips and techniques about problem solving, creativity, innovation and critical thinking.

PLACE HOLDER
Think Smarter Book Image

Check out our Workshops

• Critical Thinking for Problem Solving and Decision Making (Core, Core+Advanced)
• Advanced Critical Thinking and Innovation
• Advanced Critical Thinking and Decision Making
• Critical Thinking for Supervisors, Managers and Leaders

Visit us at www.headscratchers.com


If you're not already a subscriber to The HeadScratcher Post,
Signup Here

Previous versions of The HeadScratcher Post
HeadScratchers

Critical Thinking Techniques for Problem Solving, Decision Making, Innovation and Leadership.
Our Mission;

To help people become better HeadScratchers! We teach critical thinking techniques to managers, leaders and individuals resulting in the improved performance of an individual and organization.