goalsetting
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Setting Goals
Welcome to the first section
„Setting Goals“.Did you already
print out the corresponding
worksheet? Let´s then get started!
Setting Goals
Please write down at least three of
your work related goals on the
attached work sheet 1. !
Setting Goals
Why should you set goals for yourself?
Why Should You Set Goals For Yourself?
Goals...
determine the direction of your actions
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 more important 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
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?”
serve to monitor success
Setting Goals...based on time frames
You need to differentiate…
Long – Term Goals
Medium – Term Goals
Short – Term Goals
Setting Goals...based on time frames
You need to differentiate
Long – Term Goals
Medium – Term Goals
Short – Term Goals
Include, for example, your professional career and retirement plans.
Continue throughout numerous years
Are visionary but realistic
Setting Goals...based on time frames
e.g. operative goals that are specific for a department of a large corporation (yearly and/or quarterly goals)
You need to differentiate
Long – Term Goals
Medium – Term Goals
Short – Term Goals
Setting Goals...based on time frames
Are related to short-term and reasonable time periods. For the management of a company for example 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 need to differentiate
Long – Term Goals
Medium – Term Goals
Short – Term Goals
Setting Goals...based on time frames
Are related to short-term and reasonable time periods. For the management of a company for example 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.Please structure
the written down goals on your
work sheet 1.1 based on the
three different time frames!
You need to differentiate
Long – Term Goals
Medium – Term Goals
Short – Term Goals
Setting Goals...based on time frames
Did you structure your three goals based on the framework of three time frames?•Long – Term •Medium – Term•Short - Term
Did you write down at least one goal for each time frame on work sheet 1.1?
…if you did we will now continue on to the SMART-formula!
Setting Goals – The SMART-Formula
In project management you usually have the ultimate project goal as well as intermediate goals (milestones)
Respectively there are major goals and minor goals, as well as intermediate goals in your professional career
Often we do not reach our goals because they were not clearly defined, we expect too much, or we do not define intermediate goals.
Setting Goals – The SMART-Formula
Management sometimes sets 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
Ultimate- and intermediate goals have to be S.M.A.R.T.:
Specific: Goals must be communicated in a clear wayMeasurable: Goals must be measurableAttainable: The input must be proportional to the
output/result .Realistic: Goals must be obtainableTime Bound: Every goals must be set to a specific date
Setting Goals – The SMART-Formula - Example
For example, you set the followig goal: „ The goal is to increase the revenues of product X/Y by 10 percent by June 30, 2012.“
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. As the management communicates the 30th of June as a due date for the goal, it is also time bound.
Setting Goals – The SMART-Formula
As a reminder: Specific Measurable Attainable Realistic Time Bound
Please formulate your professional career goals as SMART and write them down on the work sheet 1.2!
Setting Goals in a SMART Way
SpecificMeasurableAttainableRealisticTime Bound