According to the new book containing the equation, procrastination is becoming more and more of a problem as computer games and personal organisers provide endless opportunities for distraction and rescheduling.
Piers Steel, a business professor at Calgary University in Canada, has pulled together hundreds of studies on the art of delay. He believes that the two contradictory views commonly held about procrastinators — that they are either extra-careful or bone idle — are both wrong. Instead, they have a vice all their own. According to Steel the evidence suggests that chronic procrastinators, who make up about 20% of the population, are more impulsive and erratic than other people and less conscientious about attention to detail and obligations to others.
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In his forthcoming book, The Procrastination Equation: Today’s Trouble with Tomorrow, Steel warns that dozens of “procrastination workshops” that have sprung up on campuses to help students are only delaying a solution.
According to Steel, procrastinators believe they can complete a task and also care about it. Lazy people, by contrast, are not bothered whether they can finish the job — they just do not want to do it. Both can come up with excuses such as a dog eating the homework. Steel, who admits he can be distracted by computer games, says procrastination is becoming a bigger issue because many more jobs are “self-structured”, with people setting their own schedules.
The equation is U=EV/ID.
The 'U' stands for utility, or the desire to complete a given task. It is equal to the product of E, the expectation of success, and V the value of completion, divided by the product of I, the immediacy of the task, and D, the personal sensitivity to delay.
You can measure your procrastination here.
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