Goal Setting
Presented by: Subroto Ghosh
We will learn
1. Why Set Goals 2. Benefits of Goal Setting 3. Desirable Characteristics 4. Goal Setting Process %. Types of Goal
15th August 2009
Subroto Ghosh
2
The Goal Setting Policy •To deploy a balance of result and process orientation in the organization i.e., to achieve results by using a systematic and long term approach. •To ensure that Department Goals are translated into Individual Goals. •To motivate individuals to achieve their own as well team goals. 15th August 2009
Subroto Ghosh
3
YOUR PERFORMANCE RELATED EXPECTATIONS FROM SENIOR I agree what you expect from Give me an Opportunit y to perform
Recognize me according to my contribution
Give me guidance & support when I 15th August 2009
Let me know How I am doing
Subroto Ghosh
4
Why set Goals Better time management
Subjectivity reduced during appraisal
More precise T&D needs are thrown up by the system Fix Accountability Superior can understand & analyze your contribution better 15th August 2009
Clarify Roles
Subroto Ghosh
5
Benefits of Goal Setting For YOU…
For YOUR SENIOR…
•To do the performance
•To do midterm
planning at the beginning
corrections & counter
of the year. •To know “How I’m doing”. •To get feedback to
measures where plan is below target. •To enhance role/goal clarity among teammates.
understand your
•To plan Manpower as well
developmental
as infrastructure
requirements.
resources. •To understand
15th August 2009
developmental needs for
Subroto Ghosh
6
Desirable Characteristics
Specific Be unambiguous and specific, not general. Measurable Quantify wherever possible. Measurement can be by judgment and quality also.
Achievable Realistic but with a stretch and significant challenge. Relevant Pertaining to your results and largely within your control.
Track able Make monthly milestones. Put date of completion. 15th August 2009
Subroto Ghosh
7
What is measurement •A means of determining when or if goal has been attained. •A date for completion (e.g., by August 31) •A whole number (e.g., 250 of 500 applications will be screened for minimum qualifications) •A percent of increase (e.g., a 10% increase in the number of return customers)
15th August 2009
Subroto Ghosh
8
What is measurement •An amount of time (e.g., a decrease in time required, from 5 to 3 days) •A percent of decrease (e.g., a 50% reduction in the average number of errors, i.e., from 20 errors per 1000 keystrokes to 10 errors) •A cost savings (e.g., a 50% savings) •An improvement in quality (e.g., more favorable participant reaction to a training program after a change to program content). 15th August 2009
Subroto Ghosh
9
Should…Could….Must Should •Be such that they fall within your own sphere of influence. •(as far as possible) be such that you can measure/score them yourself. •Induce your participation in the achievement of Team/Co’s Goals. Could •Be quantitative or qualitative. Must •Be Time bound and Measurable. •Be ‘Vital Few’ and not ‘Trivial Many’ (1-3 goals in each KPA)
15th August 2009
Subroto Ghosh
10
Some poor examples..
15th August 2009
Subroto Ghosh
11
Some Good Examples
15th August 2009
Subroto Ghosh
12
Goal Setting Process Team Goals
Individual Goal
Conceptualize Purpose of Job Choose 3-5 Key Performance Areas Formulate Goals under each KPA Set Measurement Criteria for each Goal Determine “how” or Key Process for each Goal Make action schedules under each Goal
15th August 2009
Company Goal
Inputs from Team Goals, CustomerSupplier Expectations, Unique Contributions
briefly describe each goal/objective and by when the goal/objective should be achieved How will the goal be evaluated (quantitative qualitative or descriptive) Describe the key steps you will follow to accomplish the objective.
Subroto Ghosh
13
Goal Setting..Areas QUALITY
COST
MORALE
QCDS
SAFETY 15th August 2009
DELIVERY Subroto Ghosh
14
Checkpoints….. Are they comprehensive? Do they specify standards of performance? Do they realistically take into consideration the conditions under which you are expected to function? Has adequate time been spend on this process? Do the goals/KPAs emphasize/indicate what you are expected to do by yourself rather than what your team / teammates are supposed to do? Do they indicate the priority areas of work for you? Are the goals challenging & stretching? 15th August 2009
Subroto Ghosh
15
Types of Goals…. OPERATIONAL GOALS The goals which ensure continuity & mainte-nance of activities of the team for achieving team goals.
E.g., To bring out the printed in-house news-letter by 2nd day of every fortnight
IMPROVEMENT GOALS The goals which involve some change in method, process or up-gradation of the present system of working. E.g., To make in-house newsletter available on computers by its 41st issue onwards.
15th August 2009
Subroto Ghosh
16
Types of Goals
Top Managers Middle
BREAKTHROUGH IMPROVEMENT
Managers MAINTENANCE
Supervisors Workers
15th August 2009
Subroto Ghosh
17
I Believe…
I hear, I forget I see, I remember… …I do, I 15th August 2009
Subroto Ghosh
18
Lets set our goals For next three months..
15th August 2009
Subroto Ghosh
19