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Management Tip of the Day for Busy Leaders: How to Set Goals and Objectives
In many companies, about once a year, you’ll write down your goals, and then forget all about them until the same time the next year. Join the Wily Manager guys this week as they discuss how to set Goals and Objectives, and more importantly how to make sure they are relevant.
Monday's Tip (How To Set Goals And Objectives): If you have much more than six or seven goals – take another look at what’s important. If you spread your attention too thin, you will probably not get anything done well.
Tuesday's Tip (How To Set Goals And Objectives): Look at your goals daily, and figure out how you will contribute towards them. Well defined goals and objectives guide your effort on a daily basis – so look at them every morning before you decide what you’ll do that day.
Wednesday's Tip (How To Set Goals And Objectives): Involve your team in the setting of goals and objectives. As a leader, if you develop your goals without involving your people, then it'll be very hard to achieve buy-in.
Thursday's Tip (How To Set Goals And Objectives): Make sure your Goals and Objectives are SMART. The SMART acronym might be overused and simple, but it's very powerful when applied.
Friday's Tip (How To Set Goals And Objectives): If you have direct reports, make sure you include leadership goals as well as business and operational ones. If you lead others you have to take your responsibility as a leader seriously. You can show your commitment by setting goals that will drive your actions as a leader.
Three Things to remember about How To Set Goals And Objectives:
1. Include your team when establishing Goals and Objectives. This shouldn't be done in isolation.
2. Meet often to discuss progress. Do not let the setting of Goals and Objectives to become an academic exercise that happens only once per year.
3. Include Business/Operational and Leadership objectives. Most people establish their business or operational Goals and Objectives, and fail to define Leadership ones. If you are a leader of other people you need to must set Goals and Objectives that relate to that function. For example: The number and quality of one on one meetings, % compliance on performance appraisals, measure of employee development activity
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