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Goal-setting Is your future passing you by?. The questions How will life be different in one decade? One year? Or one month? How will life be different.

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Presentation on theme: "Goal-setting Is your future passing you by?. The questions How will life be different in one decade? One year? Or one month? How will life be different."— Presentation transcript:

1 Goal-setting Is your future passing you by?

2 The questions How will life be different in one decade? One year? Or one month? How will life be different in one decade? One year? Or one month? Did you know that only 5% of the people in the United States will reach financial security by retirement? Did you know that only 5% of the people in the United States will reach financial security by retirement? What are the purposes, benefits, and payoffs of good goal-setting? What are the purposes, benefits, and payoffs of good goal-setting? Personal responsibility…. Who is responsible for your future? Personal responsibility…. Who is responsible for your future? Are you willing to write down where you’re going or be willing to settle for whatever you get out of life? Are you willing to write down where you’re going or be willing to settle for whatever you get out of life?

3 30 years of goal setting My father Bob Hammond My father Bob Hammond Tommy Hopkins Tommy Hopkins Goal setting tools Goal setting tools 30, 60, 90 day,1, 5, 10, 15, and 20 year plans 30, 60, 90 day,1, 5, 10, 15, and 20 year plans All written with SMART detail All written with SMART detail Monitor, revise, evaluate daily weekly, monthly, and annually Monitor, revise, evaluate daily weekly, monthly, and annually

4 The Yale study The Yale class of 1953 The Yale class of 1953 35 year study 35 year study Ages 19 to 65 Ages 19 to 65 Researched habits of those with written goals, and those without Researched habits of those with written goals, and those without The results.. 8% set goals, 3% used written goals The results.. 8% set goals, 3% used written goals 3% had 95% of the wealth 3% had 95% of the wealth 97% had 5% of the wealth 97% had 5% of the wealth Which will you be? Which will you be?

5 Benefits of goal setting Superior focus Superior focus Strategy/Accountability Strategy/Accountability Productivity/Profitability Productivity/Profitability Self-analysis Self-analysis Harness your energy Harness your energy Satisfaction and meaning Satisfaction and meaning Make efficient use of your time, talents, and opportunities Make efficient use of your time, talents, and opportunities Create meaning, fulfillment, joy, direction and accomplishment Create meaning, fulfillment, joy, direction and accomplishment

6 SMART Goals Specific Specific Measurable Measurable Aligned Aligned Rewarding Rewarding Timely Timely Each and every goal must be written and incorporate the above or is not a true goal Each and every goal must be written and incorporate the above or is not a true goal

7 Goal flexibility Balance short and long-term purposes Balance short and long-term purposes Change direction/revise goals Change direction/revise goals Keep on track Keep on track Alert when off-track Alert when off-track Reward work well done Reward work well done Create new goals-- mission/purpose/passion plans Create new goals-- mission/purpose/passion plans Be open to New Possibilities Be open to New Possibilities

8 For reasons goals/plans fail No Budget...money/time/resources allotted for goal-setting No Budget...money/time/resources allotted for goal-setting No Incentives… 75% do not link incentives to goal achievement No Incentives… 75% do not link incentives to goal achievement No Communication… 86% spent less than one hour per month talking about goals No Communication… 86% spent less than one hour per month talking about goals No Sharing… 95% do not share their plans with others who play a role in their success or achievement No Sharing… 95% do not share their plans with others who play a role in their success or achievement No buy-in… no real commitment No buy-in… no real commitment

9 Other tools for success… Personal Mission Statements Personal Mission Statements 80/20 rule 80/20 rule Getting Organized Getting Organized Time Management Time Management Goal Setting retreat/workshops Goal Setting retreat/workshops More… More…

10 Live your life…. on purpose Be the architect of your future with the use of personal and professional goal setting Be the architect of your future with the use of personal and professional goal setting Be the 3% who dare to dream and use written goals toward purpose driven achievement Be the 3% who dare to dream and use written goals toward purpose driven achievement You have the choice, time, knowledge, resources, and ability You have the choice, time, knowledge, resources, and ability Rediscover your passion, mission, purpose today Rediscover your passion, mission, purpose today Dream it, write it down, and just do it Dream it, write it down, and just do it “Fail to plan… plan to fail” “Fail to plan… plan to fail”

11 Tom Hopkins “I’m not judged by the number of times they fail, but by the number of successes…. The number of times I succeed is in proportion to the number of times I fail and keep on trying” “I’m not judged by the number of times they fail, but by the number of successes…. The number of times I succeed is in proportion to the number of times I fail and keep on trying” To have, To do, To be goals (see handout examples) To have, To do, To be goals (see handout examples)


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