π The Concept: A solid goal-setting process drives productivity, alignment, and success within your company. By creating a structured approach, you ensure that goals are clear, actionable, and tied to business results.
πΈ 1. No Longer Accept Flawed Goal Setting β Be aware of ineffective goal-setting practices and commit to a process that ensures goals are clear, specific, and achievable.
πΈ 2. Set Departmental Goals β Focus on each individual business segment and align departmental goals with your overall business plan. This ensures that every part of your company is working toward the same end goal.
πΈ 3. Coach Your Team on Goal Setting β Work closely with your team members to help them set properly constructed goals. Use goal-setting tools and coaching techniques to ensure that every goal meets the "acid test" (SMART: Specific, Measurable, Achievable, Relevant, Time-bound).
πΈ 4. Tie Goals to Compensation and Rewards β Ensure that only well-constructed goals are accepted and linked to compensation or rewards. This keeps your team motivated and ensures accountability.
πΈ 5. Include Feedback and Review Milestones β A good goal-setting process includes regular feedback and reviews. Use weekly, monthly, and quarterly check-ins to track progress, adjust goals as necessary, and ensure that milestones are being hit.
πΈ 6. Communicate and Share Success Stories β Have regular communication about goals. Use public goal boards to track and celebrate success stories, ensuring everyone stays motivated and aligned with the companyβs vision.
π How It Applies to Your Business:
In contracting and home services, effective goal-setting ensures every team member understands their role in moving the business forward. By aligning goals across departments, coaching your team, and tying results to rewards, you create a culture of accountability and success.
π₯ How do you implement goal-setting in your business? Share your strategies below! π Tag a leader who excels in setting and achieving goals! π¬