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  • ABC Approach to Effective Goal Setting

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    Oloye Elayela
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    Goal setting involves defining where you want to be, when you want to get there, and how you want to get there. It is important that goals are specific, measurable, achievable, relevant, and time-bound. Goals should be aligned with corporate strategy and personal aspirations. They should also represent a stretch and be broken down into discrete milestones. Effective goal setting requires identifying enablers and threats, as well as stakeholders that may influence goal achievement. It provides direction and motivation but can be hindered by ignorance, laziness, or incompetence regarding the process.

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    Goal Setting

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    Goal setting involves defining where you want to be, when you want to get there, and how you want to get there. It is important that goals are specific, measurable, achievable, relevant, and time-bound. Goals should be aligned with corporate strategy and personal aspirations. They should also represent a stretch and be broken down into discrete milestones. Effective goal setting requires identifying enablers and threats, as well as stakeholders that may influence goal achievement. It provides direction and motivation but can be hindered by ignorance, laziness, or incompetence regarding the process.

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    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    29 views13 pages

    ABC Approach to Effective Goal Setting

    Uploaded by

    Oloye Elayela
    Goal setting involves defining where you want to be, when you want to get there, and how you want to get there. It is important that goals are specific, measurable, achievable, relevant, and time-bound. Goals should be aligned with corporate strategy and personal aspirations. They should also represent a stretch and be broken down into discrete milestones. Effective goal setting requires identifying enablers and threats, as well as stakeholders that may influence goal achievement. It provides direction and motivation but can be hindered by ignorance, laziness, or incompetence regarding the process.

    Copyright:

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    of 13

    GOAL SETTING

    AN ABC APPROACH
    By
    Elayelagha Babaa Oloye A.E
    Executive Overview
    • Definitions
    • Inputs and Basis for Goal Setting
    • Goal Setting Output
    • Dimensions (Levels) of Goal Setting
    • Hindrances
    • Benefits
    DEFINITION
    Goal Setting is …
    The Act of
    defining:
    Where you want
    to be
    When you want
    to get there
    How you want to
    get there
    Where you want to be…?
    • Driven by alignment with existing Corporate Strategy
    • Assisted by realization of personal aspirations
    • Must be anchored on a vision (Habakkuk 2:2-3)
    • Must be SMART
    • Must be a “stretch” goal, tied to the understanding of a technical limit
     Increase SALES REVENUE by 100%
     Make a product with zero defect
     Clear restaurant tables within 2 minutes
     Send a man to the moon within the next 10 years
    • Vision must be analyzed and broken down into component parts to be
    manageable
    • Keep SAYING and SEEING the vision=Make it a LIVING REALITY!
    When do you want to get there…?
    (there is but one way for man to be created ; there are a thousand by which he may be
    destroyed) -THE ECONOMY OF LIFE

    • Schedule must be also align with Corporate Strategy


    and personal aspiration
    • Often externally driven by factors like market,
    weather, age, season, laws, rent/lease expiry date etc
    • Must be realistic to avoid discouragement
    • Must be broken into discrete milestones for
    monitoring
    • Requires regular objective review and
    correction/amendment
    This Cup is the new covenant…
    Luke 22:20
    How do you want to get there…?
    • Ethical considerations- Marion Jones
    • Break milestones further into elements
    • Perform gap analysis
    • Identify the sacrifices that are required, and decide
    whether you are ready to make them
    • Perform stakeholder mapping of interest and influence
    • Apply Boston Square
    • Identify Enablers and Threats
    • Apply mitigations to Enablers and Threats
    The Boston Square
    High Value/Difficult High Value/Easy

    V
    a
    l
    u Low Value/Difficult Low Value/Easy
    e

    Ease of Implementation
    Stakeholder Mapping

    I Govt
    Tech
    N nolo
    T market
    gy
    E
    R Host
    E com
    S Other mun
    T environmental ity
    media
    inputs

    INFLUENCE
    Inputs and Basis for Goal Setting
    • Corporate Strategy /Business Plan
    • Company Key Performance Indicators
    • Job Description
    • Personal Aspiration
    • Emergency
    • A sense of urgency is critical: “ If you don’t
    create emergencies for yourself, other people
    will create it for you.”
    Dimensions (Levels) of Goal Setting
    (Everything has its TIME_Ecclesiastes 3:1-8)

     Short term (daily/weekly)= 1 month-12


    months

     Medium term (monthly


    /quarterly)=12months-24 months

     Long term (annual/bi-annual)=24 months plus


    Hindrances to Effective Goal Setting

     Ignorance about importance, or how to do it


    (Hosea 4;6)
     Laziness /Complacency
     Incompetence /Unwillingness to learn or grow
    The noblest employment of the
    mind of man, is the study of the
    works of his creator.
    To him whom the science of nature
    delighteth, every object bringeth
    proof of God; everything that proveth
    it, giveth cause of adoration.
    GO AND CONQUER SON OF MAN

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