The procrastination trap - Supply Management

The procrastination trap

29 August 2012
Do you find yourself procrastinating at work? You’re not alone – research has revealed 95 per cent of us is prone to putting things off. This is the basis for the book The Procrastination Equation by professor Piers Steel from the University of Calgary. A further study by professor Joseph Ferrari of DePaul University Chicago has found 20 per cent of the world’s population are “chronic procrastinators”. The findings are rather worrying considering procrastinators are also found to be less wealthy, less healthy and less happy than those who don't delay. While for many of us ignoring the odd email and leaving things to the last-minute doesn’t normally cause too many problems, for the worst sufferers, avoiding tasks can become so extreme that nothing gets done and life can become complicated. Whether it’s because there are too many distractions - with social networking and internet surfing some of the biggest time-wasters, according to a survey by OfficeTime - or increasing workloads, it seems we are all culpable of delaying tasks. From a procurement perspective, procrastination could have a big impact on making decisions on contracts or negotiating the best deal. The Sydney Morning Herald has some tips to stop procrastinating here - although does looking at them rather than working also count as procrastination? What is your advice to avoid falling into the procrastination trap?
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