A new client of ours recommended the book "Getting Things Done" by David Allen and commented that it was a real life saver in her business. I have just started reading it and what has struck me the most so far is his statement that the best way to reduce stress and increase productivity is to take action. This struck a chord with me as I have often found this to be true. When I have been worried about a presentation at work or fretting about a friend in need, stopping and asking myself "what are you going to do about this besides worry?" and then taking action has reduced the anxiety.
When we are reviewing financial statements with our clients and pointing out areas of concern, our first question is "why do you think this is happening?" but the next question is always "what are you going to do about it?" Merely making note of a negative trend in your business is not enough although it is the first step. This is why we focus on managerial accounting and work with our clients on reviewing their financial reports regularly. The sooner you spot a negative trend, the sooner you can take action.
When has taking action reduced your anxiety or increased your productivity?