Lesson 5: Setting Goals “If you want to be happy, set a goal that commands your thoughts, liberates your energy, and inspires your hopes.” Andrew Carnegie.

Slides:



Advertisements
Similar presentations
Goal Setting.
Advertisements

Leaders Facilitate Teamwork
How to Enhance Personal Productivity By Janet Hadley
Principles of Management Learning Session # 24 Dr. A. Rashid Kausar.
Chapter Learning Objectives
Business Management chapter five.
A PROCESS FOR STRATEGIC PLANNING © By Larry Milner   Global Strategy Consultants.
Business Management chapter five.
Chair, Department of Management & Marketing
Performance Management Upul Abeyrathne, Dept. of Economics, University of Ruhuna, Matara.
“If you want to be happy, set a goal that commands your thoughts, liberates your energy, and inspires your hopes.” Andrew Carnegie “Setting goals is the.
SMART Goals “A goal properly set is halfway reached” -Abraham Lincoln-
Chapter 1 Marketing Strategy Chapter 1 Strategic Market Planning.
Teamwork Chapter 6.
Leaders Facilitate the Planning Process
Management by Objectives
The Denison Model.
Implementing Strategies: Marketing, Finance/Accounting, R&D, and MIS Issues Chapter 6.
Introduction to Management
Goal Setting for Others Goal setting is a sophisticated managerial skill which, when mastered, maximizes employee performance. 9-1Copyright © 2012 Pearson.
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall 5-1 # Copyright © 2015 Pearson Education, Inc. Managing the Business 5.
Leadership and Management – Part 1 Business Organization and Management 120.
PLANNING How To Best Meet Your Mission We must plan for the future, because people who stay in the present will remain in the past. Abraham Lincoln.
Management: Arab World Edition Robbins, Coulter, Sidani, Jamali Chapter 7: Foundations of Planning Lecturer: [Dr. Naser Al-Khdour]
Managing Your Farm and Ranch Operation
Goal Setting. Setting Goals is the first step in turning the invisible into the Visible – Tony Robbins Today is the start of a new school year. Answer.
Instead of Introduction For the vast majority of companies, having well-defined visions and mission statements changes nothing. The exercise of crafting.
Conduct the management process; set goals for the business; guide the activities of the business; keep the business moving toward its goals; make things.
Business Management Chapter five. Management  What makes a “good” manager?  What makes a “bad” manager? 5-2.
©2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Measuring Performance Why Measures:- What can not be measures - it cannot be managed.
Chp. 1 - Managers & Management
R 0 G125 B 177 R 78 G 47 B 145 R 185 G 50 B 147 R 245 G132 B 107 R 255 G234 B 83 R 123 G193 B 67 R149 G169 B 202 Goal Setting Guide 2015.
Agribusiness Library LESSON L060016: PREPARING A BUSINESS PLAN.
 The Managerial Functions: › Planning  Determining what should be done. › Organizing  Arranging and distributing work among members.
Managing the Planning Process 1. ____ is a system designed to identify objectives and to structure the major tasks of the organization to accomplish them.
MultiMedia by Stephen M. Peters© 2002 South-Western Organizational Planning.
Goal Setting. Goals Something that you want and are willing to work for. Something that you want and are willing to work for. Why set goals? Why set goals?
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall 5-1 # Copyright © 2015 Pearson Education, Inc. Managing the Business 5.
TEAM BUILDING!.  The learner will be able to define team building by the end of this lesson  The learner will be to list a minimum of 6 of the 12 C’s.
BUSINESS 7e Copyright 2004 Prentice Hall, Inc.1 PART 2 UNDERSTANDING THE BUSINESS OF MANAGING.
The process of completing tasks effectively and efficiently through the effort of others; coordinating resources in order to accomplish an organization’s.
 P lanning is an intellectual process, consicous determination of courses of action, the basing of decisions on purpose, facts and considered estimates.
Personal Values and Setting Goals
goal setting Motivating people through goal setting
The Balanced Scorecard
DIRECTION SETTING: VISIONS, MISSIONS, VALUES, AND OBJECTIVES
PRINCIPALS OF PLANNING.
CSC350: Learning Management Systems
Objectives 1. A definition of planning and an understanding of the purposes of planning 2. Insights into how the major steps of the planning process are.
Leaders Facilitate the Planning Process
Management Functions Administration
Smart kids set SMART goals
Planning & Time Management By Mr. Yasser Desouki
Strategic Planning Setting Direction Retreat
Human Resource Management By Dr. Debashish Sengupta
Foundations of Planning
PLANNING.
Objectives 1. A definition of planning and an understanding of the purposes of planning 2. Insights into how the major steps of the planning process are.
MoneyCounts: A Financial Literacy Series
Management, Leadership, and Internal Organization
FUNCTION OF MANAGEMENT
Goals Sources: Higgins, J.M The Management Challenge. NY: Macmillan, 1994, Ch. 6. McShane, S. & Von Glinow, M. Organizational Behavior. NY: Irwin-McGraw.
Strategic Planning Final Plan Team Meeting
Setting Goals and Managing Time Chapter 2
PowerPoint Presentation to Accompany Chapter 8 of Management Fundamentals Canadian Edition Schermerhorn  Wright Prepared by: Michael K. McCuddy Adapted.
Page 5-7 How much Do you Know about Goal Setting -- complete this activity first on page 5-7 in your book – then start your notes.
Managing the Business Enterprise
S M A R T Smart Objectives Goals need to be Achievable
Data for PRS Monitoring: Institutional and Technical Challenges
Presentation transcript:

Lesson 5: Setting Goals “If you want to be happy, set a goal that commands your thoughts, liberates your energy, and inspires your hopes.” Andrew Carnegie “A goal properly set is halfway reached.” Abraham Lincoln “Setting goals is the first step in turning the invisible into the visible.” Anthony Robbins

1. What is a goal? A. A goal is an objective, target, or result from the completion of tasks, activities, or programs. B. Goals are necessary to promote growth.

2. What are the three categories of goals? A. Short-range goals usually deal with current activities. - Applied on a daily basis B. Intermediate goals: Built on foundation of short-range goals. - deal with months and years. C. Long-range goals - Reflect the dreams, visions, and mission of the organization.

3. What are the basics of setting goals. A. Five basic characteristics of goal setting. - (Be “S.M.A.R.T.”) B. Goals are only meaningful if Specific - Write down EXACTLY what is to be done. C. For accurate feedback, goals must be Measurable (this monitors the progress). D. Ensure Accountability to individuals responsible for the task. E. Goal be challenging but Realistic. F. Make Timely deadlines toward achievement.

4. How do you set goals? A. Purpose: To monitor progress through periods of time. B. First: Specify the general objective. C. Second: Specify how to measure the performance. (units, time, money . . .) D. Third: Specify the standard or target objective.

Setting goals continued E. Fourth: Specify the time span involved. - Deadlines must be put into place. F. Fifth: Prioritize goals. G. Sixth: Rate goals based on difficulty & importance. H. Seventh: Determine coordination requirements.

5. How to obtain organizational goal commitment? A. Goals alone cannot assure success . . . strategies and actions by leaders must be instigated. B. First step: managerial support. - commitment from leaders. - provide supplies, time, resources. C. Employee participation. - Managers must seek input.

D. Knowledge of organizational capabilities. - different talents among employees. - match goal difficulty with capabilities of group or individual. E. Strategic use of rewards. - connect reward with accomplishment.