This manifests itself particularly when the matter or task is extremely urgent and everybody under pressure to complete the matter quickly for whatever reason. Finishing a deal and signing a contract by the year end is a typical and very apt seasonal analogy as we approach the conclusion of the calendar year 2024. This can lead to rushing, a lack of thoroughness, reduced accuracy, ignoring important factors and long-term implications. I recall many years ago working with a team for a supplier on a major deal that just had to be completed by Christmas (when everybody went on holiday). We were pressurised into accepting a less than perfect contract. Our own client’s governance was throwing up fundamental questions in final governance reviews like “this solution cannot be delivered for this price and without more contributions from the customer”. Nevertheless, we went ahead and signed, celebrating with lots of drinking in a pub near Westminster as I recall. In the cold light of the new year all the warnings came to pass, and it turned out the delivery effort had been very significantly under costed while the customer responsibilities (a critical aspect of major service contracts) were not clearly specified. And this is not a good state of affairs for the customer either; a supplier struggling to make a return may not be incentivised to provide the best service.
I suggest that there are personal and organisational ways to manage this sort of pressure and help secure a better outcome. Perhaps the most important from my experience is to recognise what is happening and take steps to counteract and deal with this seasonal challenge. See this Forbes article Need Help Managing The End Of The Year Stress? Which recognises that this is both an exciting and stressful time of year that benefits from managing and advocates some ways to help.
- Reality Check. First, recognize that you won’t get it all done exactly as you imagined, and let yourself say “that’s okay.”
- Change others’ expectations. In addition to altering your own expectations, talk to your colleagues or supervisors to see if you can make some changes in their expectations for what can be accomplished at the end of the year.
- Chunk it into bits. One of the biggest stressors we face is the size of what we have to accomplish – whether it is finishing up work projects, getting all of our presents ready in advance, or cleaning our entire house for holiday company. Sometimes just viewing these massive lists we have created can be overwhelming. If possible, break those large projects into smaller ones.
- Get some exercise. Whether you prefer jogging, going to the gym, or playing a team sport like rugby, staying active is a fun, scientifically proven way to improve your mood. And escape the office!
- Get rid of distractions. To paraphrase a famous litany, distraction is the mind-killer. According to researchers from the University of California-Irvine, it takes us an astonishing 23 minutes and 15 seconds to turn our attention back to a task once we’ve been interrupted.
- Give yourself something to look forward to. We’ve all felt the bump of motivation from working towards a holiday or a night out with friends. But according to one 2015 study, this ‘positive anticipation’ is “uniquely able to induce positive emotions both during and after stress, and that this boost subserves improved coping and recovery.”
Don’t get me wrong here. I have worked on many large well managed outsourcing deals which signed before Christmas or at least the year end in the public and private sectors which have gone on into successful delivery in the new year. These we rightly celebrated with some festive spirit! However, they were the result of many hours of negotiation and preparation and were ready to sign. My message today is not to use the festive season as an excuse to conclude a transaction which is not ready.
As the Chinese philosopher and writer Laozi observes “Rushing into action, you fail. Trying to grasp things, you lose them. Forcing a project to completion, you ruin what was almost ripe.”
Have a great festive season and all the best for the New Year 2025 with the exciting and challenging times and changes it will no doubt bring for all of us.

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