Set Smarter New Year Goals
As the new year approaches, use these four strategies to establish and achieve clear objectives for your organization.
From personal improvements to professional growth, New Year’s resolutions are intended to help us grow as individuals in different areas—and they can help your business too. Just as you may examine your own health and target your goals toward correcting bad habits or establishing new routines, you can examine the health of your business to discover ways you can better your company in the new year. As you prepare to begin this process, use these four strategies to help shape your business goals and set your organization up for success.
Be precise
It’s hard to accomplish a goal if you don’t know what you’re working toward, but it’s not enough to just say you want to improve your business. Instead, set specific goals for your organization, such as a certain percentage increase in sales numbers or a target revenue number. When you have a clear idea of what you want to accomplish, you can better determine what you need to do to meet those goals.
Set micro goals
Once you have specific goals in mind, you’ll want to establish smaller objectives that will help you reach them. These micro goals are weekly or monthly milestones, such as a specific sales number or number of tasks to complete, that you and your team will work toward throughout the year. This way, you have a clear path toward your larger objectives that will both make them seem doable and create a sense of accomplishment that motivates your team to keep working hard.
Delegate tasks
Your business’s New Year’s resolutions aren’t something you can accomplish alone, which is why you must find ways to use your employees’ skills to their fullest potential. Once you’ve established your goals, or perhaps even while you’re still in the process of doing so, bring your team members into your plans to get everyone on the same page. This will make sure that you’re all working toward the same result and are each doing your part to achieve it.
Assess throughout the year
To ensure that you’re still on pace to meet your business goals, you’ll need to track your progress throughout the year and assess what is and isn’t working. Meet with your team at least once a month to discuss where you’re at and what could be done differently. This is your chance to adjust course if need be so you can avoid going too far off track and instead continue striving toward meeting your goals by the end of the year.
New Year’s resolutions provide a great opportunity to improve various aspects of your business. And while results won’t just happen overnight, if your team stays consistent and communicates regularly, you may wind up at a better place than where you started.
TAKE ACTION:
Find specific areas of your business that you want to improve, and establish paths to achieve them. Discuss your plans with your team to make sure everyone is on the same page going into the new year.