Goal Setting

November 8th 2013 

Goal setting

Goal setting is one of the motivational techniques which anyone can use to follow to reach their objectives. Goal setting is a powerful tool which can be used to plan  future and through set up a motivation.

why set Goals?

According to Mindtools (2013), Setting up Goals focuses on the persons acquisition of knowledge, and helps to organize time and resources so that anyone can make the most of the time. Goals can be divided into two groups. Long term and short term goals. When setting up goals there is a big picture involved and steps to be followed according to achieve goals.

Setting up long term goals

When setting up long term goals the first step is what you want to achieve in a long term. According to MindTools (2013),  Setting lifetime goals gives you the overall perspective that shapes all other aspects of decision making, and also mindTools (2013) have listed down some of the following in setting up long term goals.

• Career – What level do you want to reach in your career, or what do you want to achieve?

• Financial – How much do you want to earn, by what stage? How is this related to your career goals?

• Education – Is there any knowledge you want to acquire in particular? What information and skills will you need to have in order to achieve other goals?

• Family – Do you want to be a parent? If so, how are you going to be a good parent? How do you want to be seen by a partner or by members of your extended family?

• Artistic – Do you want to achieve any artistic goals?

• Attitude – Is any part of your mindset holding you back? Is there any part of the way that you behave that upsets you? (If so, set a goal to improve your behavior or find a solution to the problem.)

• Physical – Are there any athletic goals that you want to achieve, or do you want good health deep into old age? What steps are you going to take to achieve this?

• Pleasure – How do you want to enjoy yourself? (You should ensure that some of your life is for you!)

• Public Service – Do you want to make the world a better place? If so, how?

Mindtools, (2013)

Here are some long term goals which the author has listed down,

Be a Managing Director  in a business IT firm within 25 years(25 working years of the company).

To have a business of my own while working in a company.

To have a salary of Rs 500,000 within 5 years.

Travel to the world.(Travel to the best places in the world).

Have a Cancer trust fund created by me to help cancer patients who doesn't have money for treatment.

Setting up short term goals

After setting up long term goals, according to them create 3-5 year short term goals which helps to achieve long term goals. Then create even shorter goals which can be helpful to achieve goals which was setup for the 3-5 year plan. Then have a daily To-Do list which will helpful to achieve those smaller goals. The small goals might be to read books, pass a semester exam etc.

Below are some short goals that the author has listed down,

Finish CIMA within 2 1/2 years.

Finish my BIT degree with a 1st class within the given time.

Get work experience in a Accounting firm.

Get an A for AR&PD.

Get an A for E-Commerce.

Smart Goals

There are a lot of ways that anyone can make goals and SMART goals are one of the most popular and most powerful way in making SMART goals. SMART stands for the following,

S-Specific

M-Measurable

A-Attainable

R- Relevant

T- Time bound

Finally Having a effective set of goals is an essential thing for any person. Setting up goals is easy and goals can be set at any time and there are no time restrictions for goals. SMART goals can be used to setting up short term goals to go up with the long term ones. 

References

Mindtools.com. 2014. Personal Goal Setting: Planning to Live Your Life Your Way. [online] Available at: http://www.mindtools.com/page6.html [Accessed: 8 Nov 2013].