Procrastination can have several negative consequences on a business:
1. Reduced Productivity: Delaying tasks can lead to missed deadlines and a backlog of work, reducing overall productivity. 2. Increased Stress: Procrastination often results in last-minute rushes to complete tasks, increasing stress levels among employees. 3. Lower Quality of Work: Rushed tasks are more likely to contain errors and lack the thoroughness needed for high-quality outcomes. 4. Damaged Reputation: Consistently missing deadlines and delivering subpar work can damage a company's reputation with clients and stakeholders. 5. Lost Opportunities: Delaying decisions and actions can result in missed business opportunities and reduced competitiveness.