The lack of advance planning and last-minute execution gives no margin or buffer. My experience tells me – No Buffer, Plan to Suffer.
Why do we need a Buffer?
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It leaves room for the unexpected. Many times, the unexpected happens when we least expect it.
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In most endeavors there are many unforeseen possibilities: supply line issues, shortages, weather delays, illnesses, etc. The wise person plans ahead and has contingencies for the unpredictable.
Tips on Creating a Buffer
1. Use extreme preparation.
Jim Collins studied 20,400 companies and found the companies that executed the most successfully used extreme preparation.
2. Add a 50% buffer to your time estimate.
3. Conduct scenario planning.
Ask: What risks do we face, and where are those risks?
4. Accept reality. We can never fully anticipate every scenario or eventuality.
Here is my challenge to you; start creating a buffer. Follow the tips I shared, and you will be ready the next time something unexpected happens.
Make sure and check out my program Life on a 3×5 if you are ready to take control of your life and multiply your productivity 10x. www.lifeona3x5.com
