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The Smart Manager - - Editorial - poorn­ima sub­ra­ma­nian | se­nior ed­i­tor

One of the cou­plets writ­ten by 15th cen­tury poet and mys­tic Kabir loosely trans­lates into ‘do what needs to be done to­mor­row, to­day; and do now what is to be done to­day.’ These lines are of­ten quoted to mo­ti­vate peo­ple to com­plete tasks on time. The im­por­tance of fin­ish­ing any task—per­sonal or pro­fes­sional—on or even be­fore a given time­line is re­it­er­ated through proverbs such as ‘early bird catches the worm’, and ‘a stitch in time saves nine’. As a re­sult, many of us be­lieve that pro­cras­ti­na­tion is a ‘must over­come’ trait. Fur­ther, in a world where dis­rup­tions are the norm, the abil­ity to think on one’s feet is con­sid­ered a must-have skill. But is such speed al­ways nec­es­sary?

While un­due de­lays in de­ci­sion-making will def­i­nitely im­pact bot­tom lines and em­ployee morale, new re­search sug­gests that pro­cras­ti­nat­ing, at times, is ben­e­fi­cial. In a New York Times ar­ti­cle, Pro­fes­sor Adam Grant, Whar­ton School of Busi­ness, writes about his stu­dent’s ex­per­i­ment that showed how pro­cras­ti­na­tion can lead to more cre­ative ideas and en­cour­age di­ver­gent think­ing. How many of us take our foot off the pedal and re­think on an idea? Read San­dra Jones’ ar­ti­cle on page 48 to know the ben­e­fits of do­ing so.

In this is­sue’s cover story, we ex­plore the rel­e­vance of eco­nomic moats and com­pet­i­tive ad­van­tage. Are they even sus­tain­able? Is in­no­va­tion the only sus­te­nance for a com­pany?

Speak­ing of moats, could pro­cras­ti­na­tion be yours? Do write in with your views.

Happy read­ing.

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