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WHAT IS GOAL SETTING?

Goal setting is a formal process during which you define targets


that you plan to achieve
When you set goals, you commit to outcomes that you can
accomplish personally or through your team
Goal setting creates a long-term vision for you & your team, and
provides the motivation to get you there
It has the additional benefit of helping you decide how you want to
focus your resources and time
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ELEMENTS OF GOAL SETTING

Aligning goals with overall organizational objectives

Formulating and communicating SMART goals to employees

Goal setting includes:

Ensuring that goals are stretched yet achievable

Providing the resources required and understanding the constraints


involved

WHAT IS A SMART GOAL?

SMART Goals are built around 5 leading measures:

Measurable

Attainable

Specific

Relevant

Time Bound
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HOW TO MAKE A SMART GOAL?

Any generic goal can be converted into a SMART goal by


following the format below:

WHO is going to do WHAT, WHEN, and TO WHAT


STANDARD?

In other words

What is to be done?
Who is going to do it?
By when?
To what standard?

EXAMPLE 1 OF
SMART GOAL FORMULATION

Convert the following goal into a SMART goal:


Pakistani children must be educated
One version could be

The Federal Education Ministry will ensure that by the end of


year 2008, 80% of children below the age of 12 receive primary
level education (as defined by the Cambridge board )

Does this follow the format outlined before?

SMART GOAL DEVELOPMENT

What is to be done?

80% of below the age of 12 need to be given primary level


education

Who is going to do it?

The Federal Education Ministry

By when?

by the end of 2008

To what standard?

as defined by the Cambridge board

EXAMPLE 2 OF
SMART GOAL FORMULATION
Control department expenses for better utilization of resources
What is to be done?
Departmental expenses throughout the organization need to be controlled

Who is going to do it?


Department Heads

By when?
Within one quarter

To what standard?
5% over last year

SMART GOAL DEVELOPMENT


Control expenses for better utilization of
resources
becomes
Department Heads must ensure 5 % reduction in
expenses over last years expenses of their
respective departments within one quarter

BENEFITS OF GOAL SETTING

By setting goals and measuring their achievement you can:

Focus on what is most important to accomplish on an annual


basis

Provide a unified direction for your team

Achieve more and devote less energy to non-critical tasks

Motivate your team and boost its overall job satisfaction

HOW TO MONITOR SMART GOALS?

Revise completion dates, when necessary

Record actual completion dates for future reference if


you change the dates originally committed to

Review the impact on later tasks, and adjust those


accordingly

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