Zummit is all about effective goal setting and connecting your company’s long-term plans with the daily activity of your workforce. But the question is, how do you realize this in the most effective way?
Goal setting is a vital part of your business’ success and is a successful approach for increasing team performance. Your set goals will not only serve as guidelines for managing your business, but they will also help you organize your time and resources in the most effective ways possible. Research has already demonstrated a dramatic increase in employee and business performance when incorporating goal setting. However, research also shows that not even 10 percent of employees today fully understand the meaning of their company’s business goals and how they are aligned with their daily activities. This is due to ineffective goal setting. To show you how to set an effective goal for your business, here are three easy steps to follow:
- Create an attainable goal. Of course you are allowed to dream big and have big aspirations for your company. However, you do have to be realistic when it comes to setting your company’s goals. Otherwise, attaining them will be a real struggle.Therefore, it is important to set attainable — yet challenging — goals.
- Select a measurable goal. In order to establish whether or not you have achieved your goals, you need to add a measurable component to them. Your goals need to include starting and ending points and be specific in terms of what you want to achieve. This will provide a clear indication of what your employees have to accomplish in what precise amount of time to reach a goal.
- Establish a clear and specific goal. In order for your workforce to understand what your company goals are, you need to be clear and specific. Each formulated goal needs to be able to answer the 5 Ws: “Who?,” “What?,” “When?,” “Why?,” and “To Whom?
So, to put theory into practice we have created an example goal:
Wrong: Increase sales by the end of this year.
Right: Increase sales with 1.5 percent (the measurable component) through online marketing by the end of this quarter and report to sales manager.
This will answer our 5 Ws:
Who? Barbara, Jennifer, Greg, and John (online marketing employees).
What? Online marketing activities. (This can be narrowed down to individual employee goals. See explanation below).
When? This quarter (three months).
Why? To help sales increase by 1.5 percent.
To whom? Sales manager.
The “What” can be narrowed down to the daily activities of your workforce as your online marketing team performs different activities to increase sales. Each employee can divert his or her own goal as one employee can be responsible for community managing and another employee for online advertisement.
Linking long-term goals to daily activities increases the amount of time spent on strategic priorities. Zummit helps you provide clarity with your long- and short-term goals, and its time management features enable employees to deliver a maximum contribution to your net results. Try Zummit now, and sign up for the 30-day free trial!