procrastination Archives • Living to Lead

The High Cost of Fence Sitting

May 17, 2017 By Dave Ferguson Leave a Comment

In a previous article, we talked about the painful causes of fence sitting.

Now let me ask you a question that I’ve asked several leaders before: “If you are sitting on the fence right now, is it causing you enough pain yet?”

Have you ever thought of what procrastination has cost you and what it could cost you in the future?

Let’s shed some light on a few of the actual “costs” to us when we decide to tell ourselves that doing something other than what we should be doing is smart. Considering the costs will help us find ways to move beyond procrastination and its consequences.

Here are just a few of the costs of fence sitting, otherwise known as procrastination.

1. Procrastination can take a potential problem and make it a crisis.

Have you in your company ever put off a maintenance issue or needed upgrade, only to have it creep up later as a large-scale issue (or emergency) with considerable added cost? Have you ever run out of gas because it wasn’t convenient to stop for gas when the light first came on? Did the first example empty out critical funds, while the second example made you late for an important meeting

Be the kind of leader who takes care of problems before they become crises.

2. Procrastination can hurt people.

If you have a partner – or partners – in your business, laziness can ruin the partnerships. When one person believes they are doing more than the other, issues start to arise. If one partner is lazy or angry, it is almost impossible to make a critical work. Many business partnerships are rooted in critical . It is a harsh fact, but in most of these cases, both partners knew exactly what needed to be done to make things work, but they did not exert the necessary efforts to change.

Be a leader who works hard, and create a team who does the same.

3. Procrastination wastes opportunities.

Sometimes opportunity knocks, and no one is home. We can be so closed off to opportunity that we never get a chance to take advantage of it. Look around you. You already know people who took advantage of opportunities. They are often called “lucky”. The fact is, “luck” is often the result of taking action when others just sit on the sidelines. Wayne Gretzky said it well: “You miss 100% of the shots you don’t take.”

Be a leader who actively seeks opportunity and shoots for the goal.

4. Procrastination sets a bad example.

As a leader, you set an example. It can be a good or bad example, but you do set an example – for your peers, your employees, your family, and your community. Procrastinating leaders set the example of fear, anger, laziness, and indecision. They fail to discipline themselves and therefore cannot create discipline and action within the organization or in the other areas of their lives.

Be a leader who sets the gold standard in each area of your life.

It has been said that actions have consequences. Inaction has consequences, too. As a leader, your action – or inaction – can mean the difference between a great result or a serious crisis. Don’t pay the high price of fence sitting.

Dave Ferguson is “The Leaders’ Coach”, an internationally recognized executive leadership coach, speaker, facilitator, and author. For help in getting off the proverbial fence and on to success, “ASK COACH DAVE” at 704-907-0171 or at Dave@AskCoachDave.com.

The Painful Causes of Fence Sitting

May 10, 2017 By Dave Ferguson Leave a Comment

When I was a young, adventurous boy, I often would climb fences as a means of taking shortcuts. On one such occasion, I stopped halfway over, which resulted in me getting stuck on the top of a chain-link fence. I was eventually able to get down, but I ended up with a quarter-sized gash on my leg that required several stitches. It was a painful and costly lesson.

Today, I am known by many as someone who effectively assists leaders in making tough decisions. The fact is, however, they are not always tough decisions. Sometimes, they are just a matter of being stuck on the fence.

If you are a business owner or in a leadership role in business, sitting on the fence can be painful and costly. Delaying a decision – procrastination – can take a problem and make it a crisis.

Yet, while many know this, it still happens. Why is this?

Here are five reasons people sit on the proverbial fence.

1. Fear

When I got to the top of that rather large fence, I made the mistake of stopping and thinking about where I was. At that point, fear kicked in, and I stopped making progress. You know the result – my perceived fear became real pain.

Question to ask yourself: What fear is holding me back?

2. Indecision

When I stopped at the top of the fence, I became indecisive.

Question to ask yourself: What decision do I need to make to get off the fence?

3. Perfectionism

The perfect solution for me, while sitting atop the fence, would have been for someone to help me over and provide aid, but the perfect solution did not present itself.

In business today, if you wait for things to be perfect, you are going to be waiting a very long time. Can you afford the time or money it will take to wait for perfection?

Question to ask yourself: What perfect solution am I waiting for?

4. Anger

Sometimes, we delay decisions out of anger. Procrastination is nothing more than passive resistance, whether it is in resisting others or ourselves.

Question to ask yourself: Am I allowing anger to cloud or paralyze my decisions?

5. Laziness

We tend to choose easy over hard in business and in life. Whatever my friends and I were chasing that fence-climbing day, I can assure you, I didn’t get to it. Efficiency is good, but shortcuts are not always the best way to reach a goal.

As a leader, you must frequently ask yourself if you are spending most of your time completing the easy work, while the hard and more profitable decisions and actions are being put on the back burner.

Question to ask yourself: Am I looking for the easy way out of a hard situation or the best way?

That day years ago, I chose a zone many people choose often. It’s called a comfort zone. It was the easy way to get to where I intended to go – or so I thought. In your comfort zone, you embrace laziness, accept your fears, award indecisiveness, and tell yourself the perfect solution will come if you just wait – all while angrily defending a position that is ultimately causing you pain.

I still have the scar from that visit to my comfort zone. It’s a reminder for me to never sit on the fence again.

Learn from my experience – move past the comfort zone!

12 Habits for Effective Use of Your Time

May 3, 2017 By Dave Ferguson Leave a Comment

Habits. Good ones got you to where you are as a leader, and bad ones may be keeping you from going further.

From the time we get up in the morning to the way we treat people, each of us has the choice – on a daily basis – to practice bad habits or to practice effective and thriving habits.

Good leaders practice effective and thriving habits. This requires actively managing the use of their time for those habits. This comes down to being proactive versus being reactive. When we do not proactively plan our schedule, we find ourselves in reactive mode, reacting to circumstances, issues, and the plans of others.

If you adopt the proactive habits outlined in this article, you will find yourself:

Eliminating procrastination
Making quicker decisions
Experiencing higher productivity for yourself and your team
Increasing your free time (remember what that was?)
Getting better results

What are these proactive habits?

1. Make “to-do” lists, and complete the tasks on the list, by priority.

Rate each item on the list by giving it a priority number. If you mix business and personal items, code them and prioritize them separately. If you’re doing the right things, you’re being more effective. You know this as a leader…but do you actively practice the habit? Do you have a centralized “to-do” list? Is it prioritized?

2. Make “not to-do” lists, and don’t do anything on the list.

I call these things clutter. This is all the “stuff” that we have the habit of doing that does absolutely nothing for anyone. Watching TV is one of my favorite “not-to-do’s.” As an executive, there is merit to keeping up with the news of the day and sports, for example, in order to be informed and relatable. But if you are wasting your entire weekend watching TV while your personal relationships are neglected, this is an indicator that TV may need to be on your “not-to-do” list – or at least curtailed to certain shows and timeframes. Some meetings should be on your “not-to-do” list. If you have a certain meeting just for the sake of meeting, you should add that to your list. If you are involved in outside organizations that no longer fit your scope and mission, add them to your “not-to-do” list.

3. Use downtime for planning, and you can save time in the long run.

Some people say, “Always be selling.”

I say, “Always be planning.”

Work on your game plan whenever you have downtime. Those who know me know I move fast. I get things done, and I don’t waste time. But a perusal of my social media pages would show that I do have intentional downtime. It is during these times that I re-charge and plan. This helps me get more done during the actively engaged times. Never underestimate the power of a plan.

In the corporate world, planning saves time, costs, and even lawsuits. Think it through, then act. But think it through first.

4. Reward yourself when you really deserve it.

This is not about rewarding yourself just because you worked a long day. It is about setting goals that stretch you, and then celebrating when you have reached each one.

This is a powerful motivator and energizer for a team as well. As leaders, we are often guilty of moving from major initiative to major initiative without taking a brief time to enjoy the victories along the way. You need this. Your team needs this. Risk and reward. Goals and reward. Rewards recharge us for the next goal. Not taking the time to celebrate completion of goals can result in burnout for you and your team, and burnout will have a negative impact on results. If you want great results, make room for rewards between goal sets.

5. Concentrate on one task at a time, and chances are, you’ll complete more of your tasks.

Today, we brag about multi-tasking like it is really effective. This is especially true amongst executives, who conduct teleconferences while checking email, drive while texting, and read the news when they are supposed to be having a conversation with their family and friends. Most of the time, multi-tasking is inefficient and not effective, not to mention rude. While we may feel like we’re getting more accomplished, what message are we sending to our customers, team members, friends, and family…and what important details are we missing by dividing our attention?

Get really good at one thing before you pile on something else. Focus on one thing at a time. You can do more than one thing if one is an automatic physical action and the other is a thinking matter. For instance, you can read or listen to podcasts while running on a treadmill. But you cannot reasonably accommodate two thinking-type tasks at once without each of them suffering to some degree from divided focus.

As a leader, be very careful not to overload your team with too many goals at a time. As they set out to reach them all at once, they will reach none due to lack of laser focus. Work together on one major goal at a time. You will likely be amazed at the results you receive with that kind of focus.

6. Avoid procrastination at all costs.

This is a tough one, I know. We have all heard the saying, “Don’t put off until tomorrow what you can do today.”

If it is a task based on priorities and goals, it needs to be done, and if not, it should not be on your list. If it is something you don’t enjoy doing, either do it first to get it done or delegate it to someone who does enjoy doing it. But keep it moving. And that’s the key. Avoiding procrastination is really just a matter of keeping things moving. This creates progress toward your goals.

7. Set personal deadlines that hold you accountable.

Deadlines are essential. If you are playing golf with fellow business leaders and you say, “We need to get together sometime to discuss that initiative,” I can assure you, it is not likely to happen.

But if you say, “Let’s make an appointment for next Thursday at 10:30 a.m. to talk about that initiative,” you are almost guaranteed to get it done.

This is accountability in action.

It is about defining a goal, setting a deadline, marking it on your calendar, and making yourself accountable to yourself, your calendar, and the other person to make it happen.

8. Delegate, delegate, delegate.

Trying to do everything yourself is, number one, impossible; and number two, unnecessary. As a leader, you know this. But you may often find yourself neglecting to practice it. You may think, “I’ll just do this one thing myself. It won’t take long.” And you may find yourself four hours later still struggling with formatting in a Word document that your assistant could have completed in 15 minutes.

Always keep your eye on the big goals and ensure that your time is used to the highest level for you and that the work is being done by each team member at the highest level for them. The greater your responsibilities as a leader, the more you need to practice delegation. You have created a trusted team – trust them to do what they do best.

9. Use a “time-blocking” system to create greater efficiencies and effectiveness.

Block out time in your schedule for specific projects, and don’t let anything get in the way during those times. Turn off notifications for your phone and email, and close your office door. Protect those time blocks for the projects noted. Remove any distractions and focus. And – this is important – give your team members the same privilege.

According to Fast Company, “82 percent of all interrupted work is resumed on the same day. But here’s the bad news — it takes an average of 23 minutes and 15 seconds to get back to the task.”

If you and your team are not getting things done during the day, check your interruption rate.

10. Be a team player and win!

As noted, these habits apply to you as a leader, but they also apply to your team members. Work together to establish these good habits that result in high achievements. Work with your family to create good habits together at home as well.

11. Use long-term planning for long-term success.

“If you’re failing to plan, you’re planning to fail.”

The most effective leaders think in extended timelines. While they are effective each day, they are planning far into the future. This planning ahead determines the direction you take each day. If you take each day as it comes, there is no guarantee of where you will be in the long-term. But if you actively plan where you want to be as an individual and as an organization in five years and ten years, you are exponentially more likely to be successful.

12. Avoid burnout.

Executive and business leader burnout is an issue for many who contact me for coaching. Leadership takes energy. To be at your best in your work, you must be at your best mentally and physically. The greater your responsibilities, the more important this becomes.

Captain Chesley “Sully” Sullenberger said it well:

“Over the years, I made many deposits into my accounts of knowledge and experience. Because of those many deposits, I was able to make a substantial withdrawal on January 15, 2009.”

Are you making daily deposits into your energy account so that you are prepared for substantial withdrawals?

Create a recharge list of activities that give you energy. Proper sleep, eating right, exercise, vacations, long weekends, walks in nature, volunteer work, reading, spending time with family and friends, and hobbies. List those activities now before you need them.

Then tap into that list on a regular basis. You spend long periods of time giving your energy to your work, your team, and others. You need to intentionally make time to restore your energy.

Having balance in your life is critical. If you don’t have it, sooner or later, you will be in critical (burnout) condition. For a leader, that is a dangerous and vulnerable point.

If you are intentional about planning and using your time well, you stand to get better results in business and gain more from everyday life.

Dave Ferguson is “The Leaders’ Coach”, an internationally recognized executive leadership coach, speaker, facilitator, and author. For help in recovering from executive burnout, “ASK COACH DAVE” at 704-907-0171 or at Dave@AskCoachDave.com.