Goal Setting_final

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GOAL SETTING :

GOAL SETTING

PowerPoint Presentation:

At the end of the session, participants will be able to : define goals identify the benefits of goal setting explain the impediments to goals achievements acquire the techniques to set and achieve goals

INTRODUCTION:

INTRODUCTION In 1979 to 1989, a study was conducted in Harvard Business School where the MBA graduates of the school were asked “ Have you set a clear, written goals for your future and made plans to accomplish them? 3% of the graduates had written goals and plan 13% had unwritten Goal 84% had no goals at all

…Introduction Cont’d:

…Introduction Cont’d The result of the research… Ten years later, in 1989, the researcher interviewed the respondent again and it was discovered; That the 13% that had unwritten goals were earning on average, twice as much as the 84% of the students who had no goals That the 3% who had clear, written goals when they left Harvard, were earning 10 times as much as other 97% of all the students

What are Goals?:

What are Goals? Goals are like targets Goals are likened to Visions What you want to achieve Where you want to be Who you want to be

Why you must set a goal:

Why you must set a goal You cannot hit a target you cannot see It has provided results in the past: In the research of 100 top successful people carried out by Brian Tracy, they all have goals You cannot be a winner in the game of life without specific, realistic and attainable goals: Aristotle called it, teleological organism.

Why you must set a goal:

Why you must set a goal Goals are necessary to motivate you to develop your latent potentials. Goals unlock the positive mind and releases ideas and energy for attainment Man is a goal seeking organism Achievement of goals is necessary to develop a good self image: Goals are the fuel in the furnaces of achievement Goals help us evaluates our priority and maintain a balanced life

Why people don’t set goals:

Why people don’t set goals Ignorance Lack of technical know-how Fear of failure Fear of rejection Indifference or Nonchalant attitude

Ignorance :

Ignorance Most people don’t know how important it is to set goals Especially while growing up

Lack of technical Know-how:

Lack of technical Know-how Many don’t know how to go about it Many think they have goals when what they have are mere wishes or dreams e.g. make a lot of money, be happy

Fear of failure :

They want to avoid the pain of failure. Realize that success is ability to go from one failure to another without losing courage. To try and fail is much better than not trying at all Fear of failure

Fear of rejection:

Fear of rejection Fear of being ridiculed and criticized if goals are not achieved – keep your goal confidential

How to set Goals: :

How to set Goals: Key characteristics of quality goals. S - SPECIFIC M - MEASURABLE A - ATTAINABLE & APPROPRIATE R - REALISTIC T - TIMELINE D - DOCUMENTED

SPECIFIC:

SPECIFIC Identify the goal You need to advance your education. In what field? I want to buy a Toyota Corolla car I want to have N10m in my current account Classify your goals: Is it long term or short term. e.g. You need to advance your education, the short term goal is to build finances that will support that The attainment of a degree in 4 years is a long term

Measurable:

Measurable It must be a goal that you can easily judge your progress. It can be Quantified. Weight loss e.g. 2kg or 3kg

Attainable:

Attainable How much money, time and effort will the goal require? Do you have the background, education and experience required? An illiterate who set a target to become a Professor within one year may be setting unattainable goal. Appropriateness: your goals must be consistent with all areas of your life.

REALISTIC :

REALISTIC Goals must be logical and sensible otherwise it will be discouraging. A friend of mine who has no job, no game plan sets a target of owning a jeep before end of the year

Time bound:

Time bound Time limits on your goal creates urgency around it. It helps you to avoid procrastination…the thief of time!

DOCUMENTED – WRITTEN ON PAPER:

Written goals imply commitment. When it is not written, it is vague. The scriptures says, write the vision and make it plain! DOCUMENTED – WRITTEN ON PAPER

How Goals are Achieved? The Strangest Secret:

How Goals are Achieved? The Strangest Secret It all begins in the mind!

Thoughtful quotes…:

Thoughtful quotes… A man is what he thinks about all the time – Ralph Waldo Emerson Our life is what our thoughts make it – Marcus Aurelius We become what we contemplate – Plato The mind is everything: what you think, you become – Buddha As a man thinks in his heart, so he is – Proverbs 23 v 7

How your mind works:

How your mind works Conscious mind vs. Subconscious mind MAN Conscious mind Subconscious mind

You are responsible:

You are responsible Your present life is the result of choices you have made in the past: the same will be true of your future – Professor Michael Leboeuf

Goal Setting:

Goal Setting “Realize what you want. It stops you from chasing butterflies and puts you to work digging gold” -Williams Moulton Marsden

Make your goals Personal:

Make your goals Personal Your goal must be your goal not the one imposed on you. You are a bundle of untapped potentials. Others may not see you that way but you are. Don’t be limited by the opinion of others about you

Decide what you really want:

Decide what you really want IF YOU COULD HAVE 3 WISHES IN THE UNDERLISTED AREAS, WHAT WOULD THEY BE? Career Finance Family health Exercise 1

If you’ve got six month more to live..:

If you’ve got six month more to live.. Who will you spend the time with What would you like to complete What would you do more of or less of This will reflect your true value Whose hero are you? Exercise 2

Identify Your Worries:

Identify Your Worries What are my three biggest worries? What are the ideal solutions to each of these problems? How can I eliminate these problems or worries immediately? What is the fastest and most direct way to solve each problem Exercise 3

Set clear Financial Goals:

Set clear Financial Goals How much money would you like to earn each month? How much would you like to save and invest each month and year? What sort of estate would you like to accumulate by the time you retire? Exercise 4

Goals activate your reticular cortex:

Goals activate your reticular cortex It starts to make you aware of and alert to people, information and opportunities that will help you achieve your goal. E.g. If you decide to buy maxima 2000, for example, you will start to notice it around you. If financial independence is your goal, you will begin to notice opportunities and possibility around you

Exercise :

Exercise Take a plain sheet of paper and list 10 goals you will like to accomplished. Identify one goal out of that list that will have the greatest impact on your life Whatever goal you choose, write it on a separate sheet of paper Write out everything you can think of -that you can do to achieve this goal Take action on one item on your list Think about this goal all the time

Questions & Answers:

Questions & Answers

Thank You:

Thank You

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