Why Directors Delay Getting Advice

Published on : 16th March, 2023

There are many reasons why directors don’t act when they are worried about something. Here are a few possibilities:

  1. Avoidance: When you are worried about something, it can be tempting to avoid it altogether rather than confront it. Procrastination can be a way of putting off dealing with the problem or issue, in the hope that it will go away or resolve itself.
  2. Fear of failure: If you are worried about your business failing or not meeting expectations, you might put off taking advice because you are afraid of facing that failure. By not starting the task, you can avoid the possibility of failing and feeling bad about yourself.
  3. Being Overwhelmed: When directors are worried, they may feel overwhelmed by the task at hand. Procrastination can be a way of avoiding the feelings of stress or anxiety that come with tackling a difficult or complex task.
  4. Perfectionism: Some people may not take advice or delay doing so, because they have high standards for themselves and are worried about not being able to meet those standards. This can lead to a sense of paralysis, where they are unable to start the task because they are worried about not doing it perfectly.

Overall, delaying action or not taking advice is a common coping mechanism for dealing with worry and stress. However, it often makes the problem worse in the long run, as the task or issue continues to loom and causes more stress and anxiety. It’s important to recognize the reasons behind the business problems and work to address them in order to move forward and tackle the issue at hand.

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Written ByRobert Moore

Marketing Manager


+447584583884

Rob has over two decades of experience in web and general marketing. He has extensive knowledge of the Insolvency sector and has helped many worried directors with their questions.

Rob is now working with the Board at RMT to develop strategic marketing programmes to support the business plan and drive more company rescues.

Robert Moore

Quiz Clothing In Administration Rumours

Quiz Clothing is rumoured to be close to administration according to reports in the papers that cites the source as the Telegraph.  I must admit I cannot find such an article except this one.Anyway, The fast fashion retailer has apparently filed a notice of intention to appoint administrators.  It should be borne in mind that this is often a protective measure which gives the company breathing space, initially for 10 days,  to put together a rescue plan.  It has been reported that funds are looking at injecting it with new capital.Quiz currently has 40 stores across the UK, including in London and Manchester.  The company also employs around 1000 people.The company in a statement said it had disappointing sales during the Christmas trading period and blamed labour policies that have pushed up their costs.The Sun reported that a spokesman for the company had said that all Quiz Shops continue to remain open.

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Quiz Clothing In Administration Rumours

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