Goal Setting

Definition of Goal

• What is a goal?
– Something you would like to achieve.

• What is the purpose of setting goals?

– Goals give you direction and keep you focused on
where you want to end up.
Types of Goals

• Goals that can be accomplished in the near future

Short-Term (within a few weeks or months)

• Goals that are more far-reaching and take longer to

Long-Term achieve (a year or more)

Fixed • Goals with an outcome that is based on a specific

date/time

Flexible • Goals that have an outcome, but no time limit

Creating SMART Goals
S pecific
M easurable
A ttainable
R ealistic
T imely (and Tangible)
Creating SMART Goals
KRA & KPIs

KRA – Crucial/main * Outcome/end / result * Space / range

•Key Result Area or “Key Success
•Identified out of the day to day routine activities
•Primary jobs objective or major goals
•Outcomes or expectation of a job position
•Groups relevant activities under one cluster forming a KRA
• KRA is also referred as “Critical Success Factors”

KPI -
• Key Performance Indicator
• A set of quantifiable measures that a company or industry uses to gauge or
compare performance in terms of meeting their strategic and operational
goals
• KPI is also referred as “Key Success Indicators”
Sample GOAL Sheet 1 – KRA/KPI for HR
Goal Setting Exercise….
Sample videos on Performance Management

Learning bite on PMS: https://youtu.be/WjvHPdlKoEA

Good vs Bad. PMS: https://vimeo.com/334562515

PM vs PA: https://youtu.be/eL9Fmzmxkuk

The performance appraisal interview - https://youtu.be/XNt8lxDPLiQ

getting it right

Performance
Appraisal Role Play - https://youtu.be/VJ8VgSPUAQY
 Key enablers for High Performance
Organization
In order to build up the transformational
journey to a high-performance
organization, we require both vectors -
the “hard”- structural, processes,
frameworks etc. and the “soft”- culture,
engagement, motivation etc.

What actually is a high performing organization…??

These are organizations that are not only on a solid journey of growth while
preserving margins and markets, but, are also social systems that have the
psychological investment of its employees. The same manifests not only on
indicators like market share, market price, valuation, PAT, EBITA etc. but also
reflects in the day -to-day actions, behaviours of employees and eventually leads
to a highly energised work environment.
Definition of HPO - https://youtu.be/zWylIRuMElI
 Key enablers: High Performance Organization

Strategic Incubating
Managing
Direction & with the right
Alignment growth
model

Managing the Inclusion as a

interfaces culture

It is important to understand that engaged employees invest more of

the discretionary energy in company success then just merely satisfied
employees.
High Performance Culture:

https://youtu.be/0kkPmppKm_4