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Making Sense of the Goal Setting Definition

Goal setting definition refers to the establishment of measurable, specific and time bound objectives. The setting of goals is as important for personal development as it is important for an organization. Establishing goals is a powerful way through which you can think about your future and motivate your business to turn your vision of the future into a reality. Setting goals helps you determine where you want to see your business in the future, what you want to do in life and where your efforts need to be concentrated.

The importance of goal setting cannot be ignored as the goal setting definition gives you a basis for life, short term motivation and long term vision. By establishing goals, you can organize your resources and time to help you make the most out of your life. If the goals are clearly defined and sharp, you can achieve them and observe progress in what had otherwise appeared to be a senseless grinding. Your self confidence can also increase with the increase of your capacity and skill in attaining the goals. 

Here are a few pointers:

You should assess the big picture of your purpose in life and identify the long term goals which you want the business to achieve.

 Break down the goals into smaller targets which the organization needs to attain.

After devising your plan, you should start working on how the goals should be achieved.

Why Should You Know the Goal Setting Definition?

Setting of goals is integral to the success of any business venture, but it is especially important for controlling the perspective of the business owners who in the absence of goals might become distracted easily. The purpose of the goals is to direct action, offer something that you can aim towards and act as a measure for estimating the success of your business.

While setting goals, the approach is important and for this something that is commonly overlooked is your plan of action. Most entrepreneurs shy away from setting down their goals in pen and paper as they are wary of committing to them. Here are some tips to help you in your task of goal setting:  

  • Have long term and short term goals: You may set annual, quarterly, monthly or weekly goals. Short term goals can be generated by taking the long term goals into consideration. Do you want to earn a certain amount of dollars within a certain period of time, or sign up new clients? If you cannot think of any such thing, take the time to consider any pertinent goal which you might want to attain. After the long term goals have been determined, you can work your way backwards. If you want to earn a billion dollars in the year, chalk out a plan as to how you can attain that goal. Your friends can even assist you in the process, and once completed, break down the steps into achievable goals.  
  • Goals should be measurable and specific and have a deadline: Increasing sales may be a good goal, but it is extremely vague and does not offer you the means through which your success can be assessed. One way to modify your goals is by being specific, such as you might want to get new clients. Decide how many clients you want to get and finally think on how many to get within a certain time frame.  
  • Do not make the plan a failure: It is important to make your goals attainable. If you are overambitious, defeat is inevitable.  
  • Ban laziness: Do not set goals which are easily attainable. If that is the case, look for newer ways to challenge yourself.

By reviewing the goal setting definition, you can stay updated with the needs of the times, without hesitating to change your perspective. Always remember that flexibility is crucial in goal setting.

Goal Setting Definition Related Articles:

Return from Goal Setting Definition to SMART Goals

Outstanding Leaders consider themselves a work in progress
 Dr Franklin C. Ashby 

lead and learn

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Management Terms

Decentralization -
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MBO - Management by Objectives.


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