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Goal Setting

How to set good goals to make success more predictable

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Goal Setting

  1. 1. Goal Setting By Tony Osime
  2. 2. Pre-Course Activity Write down the three most important “things” in your life? Write down two personal goals for each of these “things” Work Home Personal
  3. 3. Introduction <ul><li>Course Facilitator </li></ul><ul><li>Course Objectives </li></ul><ul><li>Your Objectives </li></ul><ul><li>Course Schedule </li></ul><ul><li>Ground Rules </li></ul><ul><li>Materials/Environment </li></ul><ul><li>What’s New? </li></ul><ul><li>Any Questions? </li></ul>Review
  4. 4. Some Terms <ul><li>Goals </li></ul><ul><li>Performance </li></ul><ul><li>Goals </li></ul><ul><ul><li>End result </li></ul></ul><ul><ul><li>Context </li></ul></ul><ul><li>Performance </li></ul><ul><ul><li>Measure </li></ul></ul><ul><ul><li>Relative </li></ul></ul>
  5. 5. Transition Time Some Terms Why Bother?
  6. 6. Why Bother? 1 st Prize 2 nd Prize 9.77 9.78 Difference in prize much larger than performance
  7. 7. Transition Time Why Bother Guidelines
  8. 8. Guidelines <ul><li>Outcomes not activities </li></ul><ul><li>Choose the right measure </li></ul><ul><li>Have the right stretch </li></ul><ul><li>Link Goals </li></ul>
  9. 9. Outcomes not Activities Inputs Outputs Activities Outcomes
  10. 10. Choose the Right Measure <ul><li>Quantitative v Qualitative </li></ul><ul><li>Leading v Lagging </li></ul><ul><li>4 Dimensions of measure </li></ul>
  11. 11. Quantitative v Qualitative Dynamic Reality Static Reality Descriptions Laws Explaining Subjective Objective Words, pictures Numbers Qualitative Quantitative
  12. 12. Leading v Lagging Lagging Leading
  13. 13. 4 Dimensions <ul><li>Speed / Time </li></ul><ul><li>Cost </li></ul><ul><li>On-Spec / Expec </li></ul><ul><li>Positive Yields </li></ul>
  14. 14. Speed – Time Start End Seconds…minutes…hours…days…weeks…months…years… Process Number / Frequency
  15. 15. Cost
  16. 16. On Spec-Expec Specifications Customer Expectations
  17. 17. Positive Yields <ul><li>Positive impact </li></ul><ul><ul><li>Customers </li></ul></ul><ul><ul><li>Shareholders </li></ul></ul><ul><ul><li>Staff </li></ul></ul>
  18. 18. Right Stretch Too Little low achievement Too much breakdown
  19. 19. Link Goals
  20. 20. Transition Time Guidelines Conclusions
  21. 21. Conclusions Better Goals Greater Success