Smart Goal Setting Secrets
01 Dec. 2011 General
We all are aware of Smart Goals. Over the years, we’ve nurtured the habit of trying to establish goals that are Systematic, Measurable, Attainable, Realistic and Time-bound. But, is there a missing link? If No, then why do most of our goals fall short of accomplishments? Why is the synapse between projection and achievement so huge? Why does it become difficult to pinpoint the exact phases when one has deviated from the ideal execution plan to achieve the goal?
The answer to these questions lies in the fact that more often than not goal setting is internally focused. The goals are set with time frames as to where one (team, individual or organization) wants to be after specific period of time. Whereas actually, the external forces drives the outcomes of the goals with respect to the resources one has at hand.
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The difference in modern day and yesteryear external forces is the frame of reference with which the window is changing. The expectations, number of factors affecting the dynamics of any situation, increase in level of understanding amongst the user community, etc. are some of the factors driving this situation. So, what is the way out? The way out is Dynamic goal setting. In this method, a dual approach is adopted towards goal setting.
A. List out all the possible internal and external factors that may come into picture while achieving the goal. Give appropriate weightage to these factors against the best and worst case scenarios that may arrive during striving for the goal. Against the actuals, develop strategies and fish bone structures (with advanced drill-downs) to counter the ‘what-if’ scenarios.
The combination of these aspects with respect to where you want to ideally be at the end of the project, would lead to a feasibility-zone, where an actual goal should rest. This feasibility zone is where you target your project path around. The constraints in the form of resource and time-lines help you to restrict your feasibility zone and arrive at a possible solution set.
B. Once you have the solution set, arrive at a milestone structure with short time intervals. These intervals or the milestone should also be aligned with measurable matrices with respect to your initial weightage assigned to the parameters, as described in point ‘A’ above. It helps to take corrective measures and realign your goals if there is a stark deviation from the predefined path.
The dynamic goal setting method is crucial in today’s context where the impetus is on result oriented structure. It helps in making amends for the complex structure of modern day business operations. It requires a rigorous analysis before you venture out on a project and assign expected goals. However, it also minimizes the risk of missing the target. It tells you what to do and what aspects you need to guard against while on an execution path.
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