We can compare them to the New Year’s resolutions we make in January. At first, we are enthusiastic and determined, but that feeling quickly fades into the background as the daily workload increases.
Still, goal setting is important. It ensures that you have more motivation to achieve something. In addition, you also gain more self-confidence when you achieve these targets. You broaden your vision in the long term and increase your motivation in the short term. This makes you more productive and you get more out of life.
In addition to setting personal goals, it is also important to set business targets. Even for employers, it is important to set aside time to set goals together with employees. Below we describe five ways to set successful goals that you can stick to.
1. Business Goals
There are two types of targets in a company: business goals and employee goals. It is best to start by defining the business goals. You immediately think of things such as profit or turnover targets, but also goals that provide an advantage for customers or team members.
In order for your goals to be successful, it is important that everyone in the company is in the right direction. It is best to meet early in the year to determine what the most important targets are. That way everyone is immediately involved.
Once the business objectives have been determined, you start to define the employee objectives. To determine these, examine each department’s contribution to the overall goal. Because every goal of every individual employee and every department must align with the overall focus of the company.
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2. We determine individual goals together
The individual employee goals are determined jointly because it is important that both company and employee ideas are addressed. Make sure everyone can propose ideas.
For example, display them visually on a whiteboard. Then see which goals are measurable and which best support the business goals. Based on this, you determine the ultimate goal of the employee or the department.
To ensure that the goals are achieved, it is important that you as a manager meet regularly with your employees. This gives the opportunity to abandon unattainable goals or to make adjustments where necessary.
3. Communication ensures success
Many employers assume that business objectives are discussed only with the leadership team. Nothing is less true. It is important that as many employees as possible – across various functions – are given a say. This way, each individual feels more involved.
In addition, a leader should always be ready to make changes if necessary. A company becomes more successful when you involve everyone in the process.
4. Measure, measure, measure
Only by measuring progress can you see whether goals are achievable. Because if you can’t measure it, you can’t sustain it. A handy way to measure progress? Scorecards. It allows you to evaluate employee goals on a weekly, monthly, or yearly basis.
To follow up on the objectives, it is best to meet with your employees. Ask them questions. By collecting feedback, you gain insight into which goals are achievable or where help is needed to achieve them. Based on the feedback, you as an employer can offer support and tools to better achieve the goals.
5. Discover talent
Achieving your goals is just as important as getting appreciation. By recognizing and guiding talent, a manager ensures that you reach the top. And it doesn’t always have to be about a financial reward. Rewarding excellent performance through a blog, news article, or social media post is also a form of recognition.
The biggest lesson for leaders? Motivate your team and create an environment that welcomes inclusive and continuous communication. A place where you measure and reward the successes of your employees.