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28%higher same-year operating margin (this is a big deal).
3x higher than peer companies
And…
Goals Are Tools People and companies with goals are FAR more successful.
Define Goals
Triage Priorities
Get Right Work Done
Report Progress
Provide Feedback
Management Fundamentals Continuously align team and effort to goals of organization
Define Goals
Get Right Work Done
Provide FeedbackTriage Priorities Report Progress
Companies fail to achieve strategic goals 70%
of the time
Define Goals
Triage Priorities
Get Right Work Done
Report Progress
Provide Feedback
7% understand goals
76% use To Do lists
13% really engaged
70% of managers time
8% say reviews work
A simple truth: Your team can't achieve a goal it doesn’t know about.
Stretch PeoplePush people to greatness but not be beyond their reach.
Not too easy, not too hard... Easy goals don't engage people in achievement.
Impossible goals demoralize people and sabotage the long term.
Inspire PeopleTap into and create ASPIRATIONSEnergize people Provide the purpose for work Inspire the extraordinary
Inspiration Sample
Marketing: Massive mindshare for a massive product launch
IT: Transform Business Perception of IT
Finance: Employees and exec LOVE the new expense system
Define Success
Key metrics1. When will you achieve the goal
2. Quantified target for achievement
3. What, who and how you will measure
Balance metrics to get right results; most
subjective goals can be made objective.
Sample MetricsMarketing: Massive mindshare for a massive product launch
10,000 retweets2,000 qualified leads12 press mentions/week this quarter
IT: Transform Business Perception of IT 80% system use 90 days post deploymentReduce overhead cost/employee 15% by year end90% of GMs rate service level 4 or better
Finance: Employees and exec LOVE the new expense systemLess than 10 user errors reported in first quarterReimbursements average < 7 daysSign offs ave < 48 hours
Sample MetricsMilestone completion • Measure execution progress
• Monitor budget or run rate
Skill building and subjective targets • Read or complete learning modules
• Self assess competency at 80% of “expert”
• Self assess monthly to reinforce intentions
Less is More
Goals focus attention and clarify priorities.
Break annual goals into chunks Create presence Galvanize execution Reduce risk of failure
The Pit of Distraction
The 3 Second Rule
People should be able to find the goals in 3 seconds.
Email is competing with goal achievement, so make goals as present as the inbox. It should be as easy to find and work on truly important things as it is the last incoming message.
Align Actions to GoalsIt takes discipline, but it’s the job: Define the work needed Drive consistent execution Hold people accountable Model the behavior you seek
Celebrate Victory OftenCelebrate incremental wins to build early momentum – what’s accomplished rather than yet to be done.
Satisfaction is a powerful motivator.
83% say RECOGNITION ismore important than compensation
Workboard Goals & Metrics• Set goals and metrics for your
teams
• Align workstreams and actions to goal achievement
• See goals up and down the organization
• Get instant visibility to progress and risk to goal
Leaders’ Checklist Don’t let perfect be the enemy of good Set and communicate goals – 3 second rule Define balanced metrics Ensure actions to achieve goals are clear, owned and executed Prioritize ruthlessly and relentlessly Stay tuned in to metrics and actions WoW and MoM Lead the way through your actions
Lead the Way with Workboard
Goals & Metrics
Actions Required
Progress Accountability
Feedback & Reward
Lead the Way with Workboard
Goals & Metrics
Actions Required
Progress Accountability
Feedback & Reward
Get Workboard free today and achieve great results!
www.workboard.com