PERSONAL GOAL SETTING

Enjoying Yogurt Treat

Winter 2016

University of Kentucky Basketball National Championship and Final Four Banners

Kentucky Horse Farm

Business Model People Product/Service Process

Why Set Goals???

Why Set Goals??? Long-term VISION Short-term MOTIVATION Helps to organize your time and your resources to make the most of your life.

“Goal setting is a powerful process for thinking about your future and for motivating yourself to turn your vision of the future into reality”

Why Set Goals??? By setting clearly defined goals: You can measure and take pride in achievement of these goals. You will be able to see forward progress. Raise your self-confidence.

Why Set Goals??? Starting to set personal goals: Identify who you are. What you value most. What you want to do with your life – “Big Picture”.

Why Set Goals??? Building Blocks: Career Education Family Financial Physical Pleasure

Goals Should Meet Five Criteria S.M.A.R.T. S - Specific M - Measurable A - Attainable R - Realistic T - Time Frame

Goals Should Meet Five Criteria S.M.A.R.T. S – Specific Example: Bad: Write a paper/article. Good: Write an article on coffee bean production in Vietnam. Goals are no place to waffle. They are no place to be vague. Ambiguous goals produce ambiguous results. Incomplete goals produce incomplete futures.

Goals Should Meet Five Criteria S.M.A.R.T. M – Measurable Example: Bad: Increase number of customers. Good: Increase number of customers by 10%. State in terms of percentage increase, unit increase, $ increase.

Goals Should Meet Five Criteria S.M.A.R.T. A – Attainable Example: Bad: Climb Mount Everest. Good: Finish 20 kilometer hike. Every goal should start with an action verb: Take, run, quit, finish, eliminate.

Goals Should Meet Five Criteria S.M.A.R.T. R – Realistic Example: Bad: Win World Cup Soccer Championship. Good: Join local soccer team. Stretch but not break. A goal has to be something that we can reasonably make “real” or a “reality” in our lives. There are some goals that are simply not realistic.

Goals Should Meet Five Criteria S.M.A.R.T. T – Time Frame Example: Bad: Lose weight. Good: Lose 20 lbs by 12/31. Trackable – Every goal needs a date associated with it.

Goals Should Meet Five Criteria S.M.A.R.T. S - Specific M - Measurable A - Attainable R - Realistic T - Time Frame

Setting Smaller Goals Establish time frames for accomplishing goals. Yearly Monthly/Quarterly Weekly Create monthly/weekly plans based upon your goals – “To Do List” – “Objectives”.

Suggestions Write goals down. Write “To Do List” down – Index Cards. Keep operational goals small and achievable. Set goals over which you have as much control as possible. Prioritize your goals. Review your goals frequently. Create monthly/weekly plans based upon your goals – “To Do List” – “Objectives”.

“It’s important to remember that failing to meet goals can be an excellent learning and career building experience”

The Process of Setting Goals Helps You Choose where you want to go in life. Know where you need to concentrate your efforts. And most importantly what you value most. Create monthly/weekly plans based upon your goals – “To Do List” – “Objectives”.

“The Road to Success”