Say you’re in the early stages of planning your department’s budget for the next fiscal year. Your management team meets to establish short-term priorities and starts to think about longer-term resource allocation. You identify next steps and decide to reconvene in a week—but when you do, you find that very little progress has been made. What’s the holdup? Your to-dos probably look something like this:

A version of this article appeared in the May 2014 issue of Harvard Business Review.