edd goal setting

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Goal-setting Goal-setting Is your future passing Is your future passing you by? you by?

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Post on 01-Nov-2014

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  • 1. Goal-settingIs 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)