Final Review and New Goals

New-Year-Celebrations-in-India

At this time last year, you are commonly asked to develop goals which are aligned with your vision as a person and your company. During the last year, you have been hopefully reviewing your past goals.

Which goals were you successful in achieving? Where did you fall short? Do you see anything in common with the goals that were successful?

I was able to achieve some, but not all, of my goals for the year. With each goal achieved, I was able to give myself the pre-planned award.  If you are not rewarding yourself for achieving your goals, why are you trying to achieve them?

Since it is the time of year where people will ask you what your New Year’s resolution is going to be, tell them that you have set a number of goals. With each goal, have stepping stones in places to monitor your progress throughout the year. Also lay out a plan on how you are going to achieve those goals.

The plan that you lay out will help to keep yourself accountable. There is no point of setting goals for yourself if you have no intention or desire to achieve them. In essence, you might as well be on a boat with no rudder.

boat-rudderless

When setting your goals, don’t forget to make them SMART.

Specific: Be as granular as you can. A goal of making one new connection per month is better than the general statement of ‘improving the business’.

Measureable: How are you going to track your success? You can have a chart where you can note the name of each new connection made per month.

Actionable: Do you have the resources to do it? Are you able to go to networking events and are comfortable to meet new people?

Realistic: Based off your resources and conversations with other, is this something that you can do?

Time-bound: The goal is to meet one new connection…per month over the next year.

Business owners have a vision set out for their company into the future. The goals that you set for your company should be aligned towards that vision and allow you to reach your vision.

I won’t have a blog for the next two week. Enjoy your holiday season and the downtime with your family. Merry Christmas and Happy New Years!

Have an awesome week.

Kevin

Kevin MacDonald is a Business Consultant at L6S Business Consulting Inc (www.L6SBC.ca). L6S offers services in management consulting, Controller and CFO contracting, and lean management with either project work or teaching/mentoring of staff. Kevin has his CMA accounting designation along with a Black Belt in Lean Six Sigma.

Kevin is active in the community by volunteering for different groups and donates platelets at the Canadian Blood Services clinic on a bi-weekly basis.

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