BUS 68Olga Hoffman

4/28/2016

Goal Setting for Managers

Steps to Better Goal Setting① Your group’s goals must align with the organization’s mission and strategy

and tie to company-wide goals

② Goal setting should be a collaborative process so the goals are accepted and recognized as important by everyone who will have to implement them

③ Review past goal achievement to see why they were successful, and keep current on the team’s progress to provide assistance and resources

④ Goals must be specific, clear and easy to understand

⑤ Progress must be measurable - set outcomes & benchmarks

⑥ Establish a time frame to maintain a sense of urgency

⑦ Make them challenging, but achievable

⑧ Goals should be supported by rewards – CELEBRATE SUCCESS

THE ORGANIZATION’

S MISSION AND

STRATEGY

GOALS MUST ALIGN WITH

GOALS MUST BE ACCEPTED AND RECOGNIZED

AS IMPORTANT BY EVERYONE WHO WILL

HAVE TO IMPLEMENT THEM

Keep current on the team’s progress

and provide assistance

and resources if

needed

Why is it important?Who is involved?When - establish a time frameWhat do I want to accomplish?Which – identify requirements and constraintsWhere - identify a location

Goals must be specific, clear and easy to understand and should answer the six “W” questions

Progress towards goals must be M e a s u r a b l e Write down the goals for your

team and each of your direct reports

Make sure you have the correct

data and information sources to use for the measurement

Use a -0- Baseline approach, don’t rely on last years data

Revisit the goals on a regular basis

“The discipline of writing something down is the firststep toward making ithappen.” Lee Iococca

Stretch goals keep the team performing after the commit has been met

It gets you to look at the business differently, taking risks and trying

new things you might not normally do

Aim for at least of the 1/3 of the stretch goal to be achievable with the current resources

Consider Using a Stretch Goal

Goals must be framed

in time,

with

clear

beginning

and

ending

points

You need to decide both what you are going to do and where it is going to take you. In short, you must have a strategy.

Goals should give your team something to reach for.

They should not be unreachable.

Their attainment should not be dependent on a host of circumstances beyond the

person’s control.

Did I say to write the goals down?

Goals should be challenging, but A c h i e v a b l e

Goals should be supported by

Thank youNow…

GoGOAfterLife

P.S. - Write it Down

Source: Lynda.comMike Figliuolo - How to Set Team and Employee Goals