Goal Setting: Specific Measurable Achievable Realistic Timely Understand the skills of people involved in the process and who you are including. Developing both top-down and bottom-up goals that meet the organization’s needs is not as simple as it seems. Similarly, short and long-term goals, cash and investment goals, or strategy versus profit operations goals need more consideration than they are frequently given. For example, much of the entrepreneurial planning material is built around getting the next round of venture capital funding while small companies need to pay their bills next week. One of the key mantras of database marketing has been the focus on setting goals and measurement. Google Analytics have become tools of choice for companies seeking to set goals and measure results. But is your goal to have an impressive chart or to make more money? In most efforts and organizations there are multiple goals and demands. Prioritization, comparison, and measurement become critical issues. If goals are too simple, they can ignore many aspects of a situation but if there are too many, there can be a lack of focus. Communicating goals and their measurement throughout an organization is frequently a secondary priority. Why have them if you don’t manage them? Goals and measurements need to be a process for business improvement rather than an end. Goals are not easy to develop or measure, but the process is critical to organizational success. In particular this requires flexibility to modify and change as conditions change. Setting goals is a process that needs to be understood and communicated. This requires that organizations understand the different needs of the organization and participants. You should also try to be sure the process is as clear and simple as possible. Finally, remember the purpose of the process is improvement, rather than being used simply as a tool for criticism .Everyone has experienced goal setting failures. However, we do not share enough success stories. I’d love to hear examples of success in your goal setting process. Email me
Alice: Would you tell me, please, which way I ought to go from here?
The Cheshire Cat: That depends a good deal on where you want to get to.
Alice: I don't much care where.
The Cheshire Cat: Then it doesn't much matter which way you go.
Alice: ...So long as I get somewhere.
The Cheshire Cat: Oh, you're sure to do that, if only you walk long enough.
--Lewis Carroll, Alice in Wonderland