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How To Set Effective Goals For The New Year

Updated: Sep 12, 2023

The savvy CEO knows that the start of a new year is a great time to set resolutions for the coming weeks and months. However, achieving these goals can be easier said than done. If you’re sick of abandoning your New Year’s resolutions before the end of January, then consider the following tips for setting effective and realizable goals for your business:

Be Realistic

Struggling to achieve your New Year’s goals? It’s good to set high standards in the workplace, however, employees may become discouraged if goals seem unattainable.  Choose challenging but conquerable obstacles for you and your team to boost your odds of keeping those resolutions. You should also make sure goals are specific and concrete, so employees understand exactly what needs to be done to achieve them.

Track Your Progress

Sick of carrying over the same goals from year to year? Whether personal or professional, goals are easier to achieve when you track your progress. Dividing larger projects into more manageable tasks and holding regular review sessions to track development will help to keep employees accountable. You may also want to consider rewarding employees with gift cards and company lunches along the way. Show workers their efforts are appreciated and motivate them to keep going.

Consult with the Team

A common mistake among managers is making unilateral decisions regarding goal setting. To raise your chances of achieving New Year goals, ask employees what improvements would raise productivity while making their lives easier. For example, your warehouse team might feel that a new inventory system would improve efficiency. Inviting your team members to participate in goal creation, increases their level of investment in a given project and boost your odds of success.

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