What is the Importance of PROCRASTINATION?
Procrastination is a type of self-regulation characterized by the irrational delay of tasks in spite of potential consequences, like poor overall performance and negative feelings that prevail in the long term, such as higher levels of frustration, guilt, stress, and anxiety—sometimes prompting serious issues like low self-esteem and depression.
While many of us procrastinate on an everyday basis, it can become a serious issue if it begins to interfere with our performance at work. If not handled cautiously, this issue can intensify and affect the entire organization’s performance.
Paulsen, (2015) reported that employees spend about 90–180 min per workday on personal activities (including procrastination) during their active working hours. This time equals an annual loss per employee estimated at $8,875 (D'Abate and Eddy, 2007). As such, companies have the challenge of improving their employee's skills and developing their motivation.