How Do You Set Goals?
By: Yolanda Woodruff, AMAC Member and Unison Retail Management Director of Retail Operations
A New Year is always an exciting time for goal setting. A new year a new you, right? And we all know the fundamentals of goal setting and the right steps to take to set the right goals.
What Are SMART goals?
- S (Specific or Significant)
- M (Measurable or Meaningful)
- A (Achievable or Action-Oriented)
- R (Realistic or Rewarding)
- T (Timely or Trackable)
What Are the 7 Steps to Creating Better Goals? Think About the Results.
- Write down your goals.
- Create an action plan.
- Create a timeline.
- Take action.
- Review
- Assess
- Re-evaluate.
What Are the 3 Types of Goals?
- Process
- Performance
- Outcome
Setting personal goals and business goals can be tricky, even if you know all the steps in setting effective SMART goals. We understand that goals determine the direction and the systems you put in place determine the progress in reaching that optimum outcome or achieving that desired result.
If we know how to get there, then why do we get lost? Because the most detrimental result of setting SMART goals is goal overload or goal competition. Goal competition can often be the barrier blocking the way to achieving other goals that are also important, thus creating competition and misdirected focus.
So, how do you keep moving in the right direction on the path to achieving the most important goals? Simple–Goal Selection! Prioritize your goals to pick the right goals to pursue. Use Warren Buffett’s “2 List” strategy. Create a list of the top 25 goals. The top 5 become your focus. Although numbers 6 through 25 are equally as important to achieve, do not allow 6-25 to become distractions.
Bottom Line: Maximize Your Focus and Master Your Priorities. Do not get lost in the weeds seeded by dropped goals.
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