Plan for 2006 by reviewing 2005.
By Marty McGhie
Your smartest goals
Having addressed the past, it's now time to examine some
planning strategies for the upcoming year. I suggest you do
so using "SMART" goals"?goals that are specific, measurable,
attainable, relevant, and time-bound:
The calendar is not the boss
Two final points to keep in mind when it comes to setting company
goals for 2006 have to do with the calendar and the number
of goals you set.
Sometimes, to our detriment, we allow the calendar to
define our successes and failures"?slotting our goals into specific
time periods, and then allowing the schedule to become the
objective rather than the task you're actually trying to achieve.
But meeting a specific goal may indeed take 14 or 15 months
to complete rather than the 12 months you originally thought.
That's okay"?if the goal is a critical one, what's important is that
you meet that goal and do it well, not necessarily that you hit a
certain internally set date.
Another trap many companies fall into is setting too many
goals. If your goals are too overwhelming in quantity, you'll
likely lose focus and energy in trying to achieve them all. In
fact, you'll end up accomplishing very little. Setting a realistic
number of goals is the best way to ensure a successful 2006.
Marty McGhie (email@example.com) is VP finance/
operations of Ferrari Color, a digital-imaging center with
Salt Lake City, San Francisco, and Sacramento locations.
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