What do you do when you’re overloaded and you run out of margin? The impulse to off-load during those times may hinder your ability to develop true strategic margin.
This week’s Inspire Me quote is from futurist Alvin Toffler:
“If you don’t have a strategy, you’re part of someone else’s strategy.”
How true. It’s far easier to follow someone else’s vision and strategy than it is to develop your own. Developing your own strategy for your future requires sufficient margin. Margin is defined as the difference between your limits (your capacity) and your load (the demands upon you). It’s a simple mathematical formula: M (margin) = P (power) – L (load). To get more margin, you either increase your power (capacity) or you decrease your load (demands).
The problem is that the most expedient way to create margin is to decrease load; to off-load your demands—cancel appointments, delegate tasks, back out of commitments, etc. That’s good temporary relief, but it does nothing to help develop strategic margin. And it perpetuates a habit of choosing to bail out anytime overload occurs.
Decreasing load has no affect on personal power (capacity). However, if you increase your personal power, you can increase your load as well. This is how highly-effective people get more done.
There are five ways we can increase our personal power:
This week’s Challenge Me:
Ask yourself: Am I doing something only because I’ve done it before. Get back to the “why” questions. What’s the biggest thing that I’m presently doing that I really shouldn’t be doing? What would it take to give that up?
Resources mentioned or related to this podcast that may be helpful to you: