SMART goal

S = Specific

- Consider the Who, What, When, Where, Why and How

- General vs Specific

- Ambiguous goals produce ambiguous results

- Subgoals, create time budgets for each (Checkpoint)

M = Measurable - Ask yourself “How will I know when I've achieved my goal?”

- numeric or descriptive measurement

- Subjective vs Objective

- Quality vs Quantity

- “What gets measured gets done”

Note: It is easier to keep a goal if you witness all the progress you have made, rather than just occassionally checking in when you remember (active participation)

A = Achievable- “How can the goal be attained?” What skill, ability or attitude do I need?

- Must be a challenge but within your capabilitiesWithout challenge, you won't grow!

- Personal dedication (Inner motivation or Outer motivation)

- But never give this as a reason to limit yourself! 'A' may also be assignable (delegating to those with certain strengths) Company-goals

R = Relevant/Realistic or Resourced - “Why do you want to attain this?”

- Must be practical! By setting an unrealistic goal, it will discourage you from taking action and even taking the first step

- Is it relevant to what you are currently doing, your job description. For whom are you doing the goal for? (Inner vs Outer motivation)

- Effectiveness And/vs Efficiency Effectiveness = (doing the right things)Efficiency = (doing things right)Note: Sometimes we don't meet our goals not because it is a lack of effort (or effectiveness) but how our goals are structured (or efficiency)- Work SMART!

T = Time-bound- Setting a Deadline

- Never use the phrase “one day I want to...” or “I want to eventually...”

- Set this to never be distracted (by setting checkpoints)

- General vs Specific goals (Specific timeframe)

- Short-term goals vs Long-term goals

The Planning Fallacy = When building plans, we tend to under-estimate how long things will take in practice.

- This is often due to a assumption that no risks will occur, no changes will happen, nobody will be ill or leave, all resources will arrive on time and so on.

- This occurs because when estimating time needed we are thinking about the future instead of the past and do not accurately recall how long a task actually takes.

- The optimistic bias only affects predictions about one's own tasks; when outside observers predict task completion times, they show a pessimistic bias, overestimating the time needed.

How to overcome Planning Fallacy?

- Anchor future predictions based on past results (Anchor and Adjust rule)- Estimate potential obstacles

E = Evaluate- Change factors (eg: available resources)

- this step is conducted throughout the entire goal process, as well as after the goal is met as a Progress report

R = Revise- importance of always being able to adapt to your environment and the challenges that arise.

- Re-do the goals

Seatwork/Assignment

Make 1 Long-term and 1 Short-term

SMART goal