pause and play
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.