Date post: | 16-Jul-2015 |
Category: |
Self Improvement |
Upload: | mohamad-bajouk |
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Learning Objectives
• Know why you should set goals
• Get to know the different temporal horizons of goal-setting
• Know how to reach your goals with the SMART-method
• Understand Commitment
Why Should You Set Goals For Yourself?
Goals...
determine the direction of your actions
help you to stay on top of things
Why Should You Set Goals For Yourself?
Goals...
determine the direction of your actions
help you stay on top of things
help you focus on the important things
Why Should You Set Goals For Yourself?
Goals...
determine the direction of your actions
helps you stay on top of things
helps you focus on the important things
answer the question “Why do I do what I do?”
Why Should You Set Goals For Yourself?
Goals...
determine the direction of your actions
helps you stay on top of things
helps you focus on the important things
answer the question “Why do I do what I do?”
Helps you be the best you can be
Why Should You Set Goals For Yourself?
Goals...
determine the direction of your actions
helps you stay on top of things
helps you focus on the important things
answer the question “Why do I do what I do?”
Helps you be the best you can be
serve to monitor success
Considering the Temporal Horizon
You differentiate…
• Long – Term Goals
• Medium – Term Goals
• Short – Term Goals
Setting Goals...based on temporal horizon
You differentiate
• Long – Term Goals
• Medium – Term Goals
• Short – Term Goals
• Includes, for example, your professional career and the career thereafter
• Continues throughout numerous years
• Are visionary but realistic
Setting Goals...based on temporal horizon
• e.g. operative goals that are specific for a department of a large corporation (yearly and/or quarterly goals)
You differentiate
Long – Term Goals
Medium – Term Goals
Short – Term Goals
Setting Goals...based on temporal horizon
• Are related to short-term and reasonable time periods. For the management of the company it is often common practice to use the fiscal year. However, it could also be extremely short – term goals and/or seasonal goals such as the completion of a project.
You differentiate
Long – Term Goals
Medium – Term Goals
Short – Term Goals
Setting Goals – The SMART-Formula
• In project management you usually have the ultimate project goal as well as intermediate goals (milestones)
• Respectively there are big goals and smaller goals, as well as intermediate goals in your professional career
• Often times we do not reach our goals because our goals are not clearly defined, we expect too much, or we do not come up with intermediate goals
Setting Goals – The SMART-Formula• Often times management set very vague goals such as: „we
have to improve customer satisfaction, increase profitability, and improve productivity and efficiency.“
• With the implementation of „SMART“, goals turn into clear messages that can be measured, reviewed, and monitored which we will see in the next example...
Setting Goals – The SMART-Formula - Example
• For example, you set the followig goal: „ The goals is to increase the revenues of product X/Y by 10 percent until June 30th.“
• This goal is specific, it is also measurable!
• The goal also has to be realistic, therefore, the 10 percent should be obtainable by the employee. Due to the fact that management communicates the 30th of June as a due date for the goal it is also terminated to a specific day.
Writing Down your Goals
Shows intention and commitment
Makes the idea more concrete
Brings clarity
Motivates + builds confidence
More likely to be achieved
Can be reviewed- The number of people who set business and/or personal goals: 3% of the population.- The number of people who set business and/or personal goals AND write them down: 1% of the population.
Keep in Touch
Mohamad Bajouk