GOAL SETTING

'Before something happens in the world, it must happen in your mind,'

- Anthony Robbins

DEFINITION OF A GOAL
A goal is similar to a purpose or aim, the anticipated result which guides reaction, or an end, which is an object, either a physical object or an abstract object, that has intrinsic value. A goal is a desired result a person or a system envisions, plans and commits to achieve a personal or organizational desired end-point in some sort of assumed development. Many people endeavor to reach goals within a finite time by setting deadlines. The mark set to bound a race, and to or around which the constestants run, or from which they start to return to it again; the place at which a race or a journey is to end.

INTRODUCTION TO GOAL SETTING

Goal setting involves establishing specific, measurable, achievable, realistic and time-targeted (S.M.A.R.T ) objectives. Also in a team, goal setting has the advantages of encouraging participants to put in substantial effort; and, because every member has defined expectations set upon him or her, little room is left for inadequate effort going unnoticed.

"Goals provide a sense of direction and purpose"

WHY IS GOAL SETTING IMPORTANT?

Setting your goal is very important because of the following 3 reasons :1. It will serve as a clear destination for where you are heading, giving you a purpose to live on. 2. It will help you to stay focused in getting what you want in your life. 3. It will help you to overcome procrastination. GOAL PROPERLY SET IS HALFWAY REACHED." - ABRAHAM LINCOLN

"A

7 PRINCIPLES OF GOAL SETTING

Specify what you want clearlyYour goal has to be realistic and achievable You should have a burning desireVisualize and live your goalWrite down your goalSpecify time frameTake action-

S- SPECIFIC :- Well defined target Needs to help provide direction, purpose M- Measurable:- If you can not measure it, you can not achieve it. Measure in absolute terms (Kg, hrs, nos. ..) A- Achievable :- Goal should be actionable Develop a Strategy R- Realistic:- Need to be challenging & stretching but not unrealistic that they are unachievable Also relevant. T- Time bound :- Starting date and finishing date should be fixed by you

7 Steps to Goal Setting

1. Identify your goal by writing it down.

7 STEPS TO GOAL SETTING

2. Set a deadline for the achievement. Put a date on it. 3. List the obstacles to overcome in accomplishing your goal. 4. Identify the people and groups you need to work with to reach your goal. 5. List the skills and knowledge required to reach your goal. What do you need to know? 6. Develop a plan of action to reach your goal. 7. Write down the benefits of achieving your goal. ("What is in it for me?")
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SMARTening up Goals
GAP?
What do I need to change to achieve the goal?

Where am I now?
What do I see, hear, feel, taste & smell now? What resources do I have to enable to get my goal? Have I done this before or do I know someone who has?

What do I want specifically?

What will I see, hear, feel,taste & smell?

Who is this for?

Who else or what do I need now?

What do I win and for what purpose do I want this?

First step?

LOCKE'S GOAL SETTING THEORY

 A goal serves as a motivator because it allows people to compare their current performance with that required to achieve the goal.  If people miss the goal, they feel dissatisfied and strive to improve their performance to meet it.  Employees are motivated by clear goals and appropriate feedback.  There is a relationship between how difficult and specific a goal is and people's performance of a task.  Specific and difficult goals lead to better task performance than vague or easy goals.  The goal itself is not the motivator, but rather the perceived difference between what is actually attained and what had been planned for.

Money

Direction Goal specificity

Goal commitment Goal acceptance

Intensity Performance Persistence Goal setting Strategies

Knowledge of Results

Participation

LIMITATIONS
Goal setting can fail if  The employee lacks the skills to perform the actions necessary to achieve the goals
 These actions need a considerable amount of learning, which increases the time and resources considerably needed to achieve the goals The goal setting system is just misused (as every system can be misused) or leads to appraising the wrong behavior (like misuse)  A goal of a manager may not align with the goals of the organization as a whole => the goals of an individual may conflict with the employing organization => performance may suffer  For complex tasks, goal-setting may actual impair performance. In these situations, an individual may become preoccupied with meeting the goals, rather than performing tasks. Implicit learning may be inhibited. This is because goal setting may encourage simple focus on an outcome without openness to exploration, understanding or growth.

Goal Setting Tips

Getting it right : Means goal vs End goal End goals are the things that you ultimately want to achieve. Mean goals are used as a means to achieve the end goal. The Why You gotta know your reason for the goals that you set The detail-ness The more detailed and descriptive you make the goal the better

Goal Setting Tips

Get out of your comfort zone Your comfort zone is what makes up most of your life, all the things you already know how to do, all the habits and reliable experiences you re used to having Use imagery and visualization You can use visual images of your goals or you can use words, thoughts and feelings Look for unexpected opportunities Pay attention to seeming problems or crises; they can be opportunities in disguise Find your problem areas that may be holding you back You may have a weakness in a certain area or a lack of skill which holds you back in other parts of your life

Goal Setting Tips

The 3 R s - Review, reevaluate, rewrite Review your goals regularly and write the steps for the day on your to do list . Reevaluate and rewrite your main goals every three to six months

Patience is a virtue: Don t be too impatient Delays in reaching your goals do not imply that you won t reach them Use a to do list for taking daily actions Using a to do list and prioritizing your goals regularly is a useful technique Give yourself rewards It is a good idea to give yourself small regular rewards for taking incremental steps towards achieving your goals Commitment and Courage Make the Difference Commitment is the ultimate decider of your goal setting success

Goal setting in business

An important tool for managers Goals focus attention towards goalrelevant activities Goals serve as an energizer Goals activate cognitive knowledge and strategies

As you see your own success grow, Goal setting becomes a habit ...and little by little your life gains momentum and goes from strength to strength....the sky's the limit!