SMART goals are always the best ones. Know how setting goals is more important than the goals.
What we always hear in the businesses and even in the situations otherwise is to set goals. We are sure you would have come across this statement quite often when talking about the planning process and the discussion about the mechanism to reach your ultimate objective.
We don’t disagree with the importance of this process; rather, we appreciate this process of creating awareness in youth and young entrepreneurs regarding the setting of goals. But the point here is how you would set the goals if you weren’t aware of the process?
This aspect often goes ignored in the planning phase, and the result that we often get is vagueness in the goal-setting, which often leads to non-attainment of goals.
So, in this article, we’ll be helping you with the mechanism through which you’ll understand how to set goals. By learning this process, you’ll be in a position to set your goals for any task, whether it is personal or professional. After learning this process, it would be easier for you to determine why how to set goals is more important than the goals.
How to set goals?
Here is the process to guide you about how to set your goals:
1. Decide about what you want to achieve:
Obviously, if you need to achieve something, you’ll have to finalize that. You just can’t achieve $10000 per month as a freelance income unless you have made up your mind that this is what you want to achieve.
This was just an example; you can set your own goals. These goals could be big or small. They could be dependent on your personal or professional life and can be associated with any other thing. It is you who is going to be deciding this first step of goal setting.
2. Use SMART Approach:
This is the most integral part that you should fully concentrate on. This step actually determines the difference between setting the goal and knowing the process of how to set the goal. So, let’s share this major dimension of goal setting with you.
SMART is an acronym for the characteristics that your goals should actually have. Most people aren’t aware of this acronym and its right usage. A few who are ignore it completely and consider it just an ordinary step. But once you go through it, you’ll be able to find out its importance on your own.
Your goal should be specific. You can’t have a vague goal in mind and start progressing towards it. This isn’t the right way of setting goals and often leads to confusion and a higher risk of failure.
One of the examples of non-specific goal includes “I want to achieve high grades in college.” Or “we want to increase our sales.”
In both these goals, subjective terms like “high” and “increase” have been set. These terms may have a different perception for different people. Over time, even your personal interpretation of these subjective terms might change.
What, why, who and which are the questions that you have to answer at this stage
The goal you are going to set should be measurable. Defining the desired achievements in a way that can be tracked can keep you motivated and more determined towards the achievement of the goal.
Answering questions like how much, how many can give you the measurable aspect of your goal.
If we continue with the same examples, then you might set a specific percentage for the high grades and set the growth rate for your sales.
With these specifications, you’ll have a better idea of what you are looking forward to. And this is why we have emphasized in this article that how to set goals is more important than the actual goals that you want to set in your life.
One of the other characteristics of setting the goals is that it should be achievable. By achievable, it is meant that you should be setting realistic expectations from yourself, your team, or your business.
You can’t expect to get an A in economics unless you are opting for that subject formally. Similarly, setting the goal for a 10% increase in sales when your market doesn’t have the potential to generate it won’t be realistic.
In order to make sure that you must be setting achievable goals, you should ask these questions at the time of setting your goals. Is this goal realistic, do I have the resources to accomplish this goal? Providing answers to this question can actually help in generating the optimal goal.
The relevancy factor is another characteristic that is important for setting up your goal. You can’t set your goals for business achievements when you are talking about the educational career. You’ll have to make sure that the goals you set are relevant.
Additionally, you won’t stick to the achievement of one goal only. You might be having some adjacent goals set already. Similarly, there could be bigger plans available for you as well. So, you’ll have to make sure that your current goal aligns with all the other goals and objectives too.
Questions like, “is it the right time, do I need to achieve it,” and “is it me who should be deciding on this goal,” can provide you with a better overview of your goal under consideration is being relevant or not.
The last characteristic of the SMART objective is time-bound. You can’t just set the objective for the next hundred years or leave it open-ended without setting a time frame. This won’t be a good idea because time bond goals can also increase motivation and dedication. Secondly, you’ll have to measure your progress as well, so without setting a time, you won’t be able to do that either.
For example, if you have set your goal to achieve A in the subject. You just can’t wait for ten years to master the subject and achieve an A grade, right? We hope you are getting our point. You’ll have to set the time frame like six months, one semester, or other relevant time frame options.
Similarly, in business settings, you’ll have to tell your employees that an increase in 10% of sales should be made “this quarter.” Otherwise, it would create confusion about the goal, and you might never get results. Another impact that you’ll see here would be the lack of dedication to the achievement of the objective. So, setting goals without the time frame isn’t the right way to set your goals.
The last step in the entire process of how to set goals is evaluation. Once you have set the smart objectives, you’ll have your evaluation criteria defined up to a considerable extent. So, you’ll be measuring your progress with the defined criteria as you move closer to the end time that you have set.
Make sure to align your efforts and resources alongside if you can. Because using evaluation as a feedback for the improvement in performance would be a good idea. But don’t deviate from the goals to such level that they would actually go meaningless.
Within these three steps, we have tried to help you out with knowing the process of how to set goals. We are sure that by reading this process, you’ll know that if you’ll omit any of these steps or aren’t aware of these steps, then forming any sort of goals good or bad won’t even be possible.
This is why we believe that knowing how to set goals is more important than the goals. Your goals could be governed individually. But these steps for setting up those goals are universal and can be applied in any situation.
We hope that with this comprehensive plan for the creation of goals, you’ll be able to create better goals as well.
Share your opinion rather goal setting and the importance of knowing the process of setting the goals.