Goalsetting

1
Goal-setting

• Is your future passing you by?

2
The questions

• How will life be different in one decade? One
  year? Or one month?
• Did you know that only 5 of the people in the
  United States will reach financial security by
  retirement?
• What are the purposes, benefits, and payoffs of
  good goal-setting?
• Personal responsibility. Who is responsible for
  your future?
• Are you willing to write down where youre going
  or be willing to settle for whatever you get out
  of life?

3
30 years of goal setting

• My father Bob Hammond
• Tommy Hopkins
• Goal setting tools
• 30, 60, 90 day,1, 5, 10, 15, and 20 year plans
• All written with SMART detail
• Monitor, revise, evaluate daily weekly, monthly,
  and annually

4
The Yale study

• The Yale class of 1953
• 35 year study
• Ages 19 to 65
• Researched habits of those with written goals,
  and those without
• The results.. 8 set goals, 3 used written goals
• 3 had 95 of the wealth
• 97 had 5 of the wealth
• Which will you be?

5
Benefits of goal setting

• Superior focus
• Strategy/Accountability
• Productivity/Profitability
• Self-analysis
• Harness your energy
• Satisfaction and meaning
• Make efficient use of your time, talents, and
  opportunities
• Create meaning, fulfillment, joy, direction and
  accomplishment

6
SMART Goals

• Specific
• Measurable
• Aligned
• Rewarding
• Timely
• Each and every goal must be written and
  incorporate the above or is not a true goal

7
Goal flexibility

• Balance short and long-term purposes
• Change direction/revise goals
• Keep on track
• Alert when off-track
• Reward work well done
• Create new goals--mission/purpose/passion plans
• Be open to New Possibilities

8
For reasons goals/plans fail

• No Budget...money/time/resources allotted for
  goal-setting
• No Incentives 75 do not link incentives to goal
  achievement
• No Communication 86 spent less than one hour
  per month talking about goals
• No Sharing 95 do not share their plans with
  others who play a role in their success or
  achievement
• No buy-in no real commitment

9
Other tools for success

• Personal Mission Statements
• 80/20 rule
• Getting Organized
• Time Management
• Goal Setting retreat/workshops
• More

10
Live your life. on purpose

• Be the architect of your future with the use of
  personal and professional goal setting
• Be the 3 who dare to dream and use written goals
  toward purpose driven achievement
• You have the choice, time, knowledge, resources,
  and ability
• Rediscover your passion, mission, purpose today
• Dream it, write it down, and just do it
• Fail to plan plan to fail

11
Tom Hopkins

• Im not judged by the number of times they fail,
  but by the number of successes. The number of
  times I succeed is in proportion to the number of
  times I fail and keep on trying
• To have, To do, To be goals (see handout examples)