Sunday 30 June 2013

Goal Setting and its effects on performance

Goals are the future outcome of that individuals and organizations strive to achieve whereas goal setting is the process of stating goals towards which individuals,teams,departments and organizations will strive to achieve.
Setting the right goal is very important.

The importance of goals are:-

1.)Goals guide and direct behaviour.

2.)Goals provide standards and challenges against which individual and organizational performance can be judged.

3.)Goals define the basic organizational design.

The Pygmalion effect can also be used to emphasize on the the fact that goal setting is important.
The Pygmalion effect is the phenomenon in which the greater the expectation placed upon people, the better they perform.and conversely low expectations lead to a decrease in performance.

So our goals should be smart


Creating S.M.A.R.T. Goals


Specific: A specific goal has a much greater chance of being accomplished than a general goal.

Measurable - Establish concrete criteria for measuring progress toward the attainment of each goal you set.
When you measure your progress, you stay on track, reach your target dates, and experience the exhilaration of achievement that spurs you on to continued effort required to reach your goal.

Attainable – When you identify goals that are most important to you, you begin to figure out ways you can make them come true. You develop the attitudes, abilities, skills, and financial capacity to reach them. You begin seeing previously overlooked opportunities to bring yourself closer to the achievement of your goals.

Realistic- To be realistic, a goal must represent an objective toward which you are both willing and able to work. A goal should be realistic

Timely – A goal should be grounded within a time frame. With no time frame tied to it there’s no sense of urgency.

Performance is a function of goal setting and if the goal setting is done smartly the outcomes are bound to good.
Hence goal setting should be done by putting a lot of thought.

Happy Reading :)

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