Monday, March 27, 2017

Why Your Goal Setting Must Have IMPACT

January 3, 2014 by  
Filed under All Posts, Business Practices

Goal-Setting-IMPACTIt’s that time of year where everyone turns to setting resolutions. As I shared in January 2013, I prefer SMART goal setting to resolutions.

Since then, I’ve been introduced to a concept called IMPACT-Goal setting.

The objective in setting goals is to accomplish them. An IMPACT-Goal by design increases your chances of success. Again, it is an acronym in the same way the word SMAR. is and there are some of the same concepts involved.

In a nutshell, an IMPACT-Goal must be Inspiring, Measurable, Purposeful, Active, Controllable, and Time-specific.

Inspiring – Your goal must personally inspire and motivate YOU to action. Without that, you won’t have the interest and desire to take continuous action to achieve it or to overcome setbacks and challenges that will happen on your journey. What isn’t an inspiring goal? A goal someone else has or someone else wants you to achieve. This has to be something PERSONAL that YOU want to achieve, be it either big or small.

Measurable – As in the SMART. method, your goal must be measurable. You need to state it so that there is no confusion as to what you want to achieve. Will a complete stranger be able to look at your goal and tell you it has been achieved.

Purposeful – A goal without a purpose is like owning a car but never filling it with gas. The reason you set your goal MUST support your vision. Otherwise you probably will lose your drive to fulfill it or worse, realize that the goal is supporting a vision you don’t hold. All that effort will be wasted.

Active – Your goal must promote action! While writing it down is an important first step, it will not get you any closer to attaining it unless you ACT on it. For each of your goals, list the tasks that will make it happen.

Controllable – While some people advocate setting a goal that is unrealistic, I have a bit of a problem with that. For example, I am in my mid-50’s. If I had a goal to be a U.S. Army fighter pilot, that just won’t happen at my age.Your goal must be controllable. If you don’t set a goal where you have a substantial amount of control over the outcome, you will most likely fail. Saying I’d like to get my private pilot’s license in 2 years IS a goal I have much more control over.

Time Specific – Your vision should not have an ending but a goal needs a specific and realistic deadline. This will provide you the drive to complete it, it allows you to prioritize all your goals, and it gives you a way to measure your success.

So take some time today and think about your vision for your life and business. It helps to separate them into quadrants, such as Business, Relationships, Health, etc. and prioritize and set goals for each. Follow the IMPACT-Goal and the SMART methods as your guide to this very important activity.

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