Goal setting is a critical component used when building a
strategy for success. Whether in management or in your personal
life, it is important to establish goals which can be met in a
reasonable amount of time; in a realistic manner; and within the
scope of your ability.
As a manager, your goals must be clearly shared with your
employees. But first the mission of the company must be defined;
and the manner in which the goals are to be achieved should be
outlined in a concise way.
Goal setting and articulating that which you wish to achieve
to your employees gives them a sense of ownership, and paves the
way for them to become open to new ideas; formulate plans; and
assist you in developing implementations which can bring you
closer to the goals set. In addition, goal setting provides for
increased productivity; greater efficiency; and commitment to
ensuring success in all facets of the business.
Goal setting gives everyone the opportunity to optimize their
role and increase the future success of the company. Moreover,
when setting goals each year, as a manager you can devise action
plans for the company; relay them to the employees, so that
everyone is aware of what is expected and how they will be
The manager can then determine each year if the goals were
met; what needs to be adjusted or tweaked; and continue the
process the following year with a more realistic understanding
of what can and cannot be accomplished.
When setting goals, keep in mind the SMART mnemonic. SMART
For example, instead of having “to answer my phone faster” as a
goal, applying SMART you would say “I will answer all my phone
calls within 3 rings by December 31, 2010.”
When you have achieved a goal, take the time to enjoy the
feeling of satisfaction. Think about the consequences of the
goal achievement, and focus on progress you have made towards
other goals. Remember to reward yourself and others
appropriately. As well as helping you get things done, goals can
be a great confidence booster too.