Tim Fancher
This blog is dedicated to helping small business owners achieve greater success in their businesses and balance in their lives.
Tuesday, August 16, 2011
Is This The Type Of Results You Are Looking For?
As a business owner, is this the type of results you are looking for? Would you accept this from your team?
What does this graph indicate? Lower sales? Plummeting profits? No matter what it is, it looks scary, doesn’t it?
But without any type of indication of what is being measured and what the timeline is, it’s an assumption at this point that the results are awful. There just isn’t enough data to tell us much except whatever is being measured is sure heading south quickly.
Have you ever made a New Year’s resolution? Lose weight, spend more time with the kids, quit smoking, or get organized? I’m sure we all have at some point in time. What were your results? Did you achieve what you wanted? Making a New Year’s resolution is nothing more than establishing a personal goal. It more commonly involves stopping something that we are doing or includes starting something that we aren’t.
In the business world, we commonly utilize the S.M.A.R.T. method for establishing goals. S.M.A.R.T. stands for:
Specific — stated in clear, objective terms
Measurable — the results of the objective can be measured
Achievable — the goal is in your realm of responsibility and control
Results-Oriented — the goal should define the specific results to be achieved
Time-Bound — specific time-frame information or target deadlines are included
You should establish personal goals in your career as well. In fact, both your personal goals and career goals should be supportive of each other. Establishing and achieving both personal and career goals can generate a synergistic effect. Achieving one of your goals should get you closer to achieving another one. For example, stating that you want to get more organized at work and work fewer hours should support your personal goal of spending more time with your family and friends.
Similar to the S.M.A.R.T. method above, before you establish personal goals, you must be sure of a few things. It’s important to evaluate your goals before you commit. There are several questions that you should ask first:
Can I actually control it?
Do I really want it?
How much time will it take?
How will it impact others?
How will I measure my success?
The answers to these questions are critical if you intend to be successful with your goals. These questions are your foundation to helping you become victorious. Make sure you understand why these questions are so important.
OK, the chart above is actually one of my goals from the first of the year. I set out to lose weight and get back in shape this year. This graph shows my progress. I lost over 40 pounds from January 1st to June 30th. I feel tremendous and I have so much more energy. I am running 3.5 miles three times per week now and love every minute of it.
It just goes to show you, if you want something bad enough and you make it a goal, it can happen. This is definitely the results I was looking for!
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