Hashtag

Tips to Keep Your Business New Year’s Resolutions on Track



The start of a new year is a great opportunity to take a fresh look at the goals you’d like to set for the next 12 months. For businesses this could range from financial growth to improved staff retention, or new service and product offerings. However, with only 8%1 of people achieving their New Year’s resolutions, how can management and HR professionals hope to inspire entire teams to find year-long success?

 

The answer lies in effective goal setting says Marcela Slepica, Clinical Director of AccessEAP, a corporate psychology organisation which supports and develops positive organisational behaviour. “It’s easy to get swept up in the excitement of setting a new goal, without thinking about the big picture. While having a common goal is great for team morale and motivating employees, the goals you set need to be realistic and in line with your organisation’s vision and values”.

 

Here Marcela gives more details on some of the tips used by AccessEAP to help organisations reach their goals.

 

S.M.A.R.T Goals

Organisational goals are like personal goals in that they provide structure to help us move in the direction we want to take. Within organisations, it can be easy to come up with ‘big picture’ ideas or strategic direction, however setting goals can be more challenging. The S.M.A.R.T. model is a great way of keeping your goals on track and giving them the best possible chance of success.

 

  • Specific: Goals need to be as specific, e.g. rather than ‘we want more business or to increase our revenue’, a specific goal may be ‘we want to grow revenue by 10 % this year’, or ‘we want three new customers per month.’

  • Measurable: Keep track of numbers, e.g. numbers of cold calls, number of proposals, number of enquiries. Have a visual of numbers on a board so everyone can see it and see how it’s growing.

  • Achievable: Is your goal realistic? For example, is it realistic to achieve three new customers? What is involved in achieving the goal? Do you have the resources?

  • Relevant: Your goal needs to tie into the direction of your organisation, e.g. is it relevant to source new customers if the market is saturated? An alternative could be growing existing customers.

  • Timely: Ensure that you set timeframes around your goals, e.g. do you want to have reached this goal by the start of the new financial year? Continually discuss the time frames and keep focus by celebrating milestones.

 

Marcela also notes that it’s important to include some flexibility around your goals and review them on a regular basis. “Unforeseeable changes may occur throughout the year which impact on the relevance of your goals, or your ability to achieve them. Organisations are changing at a fast pace to keep up with influences such as new technology, so you can’t afford to take a ‘set and forget’ approach to goals.” Marcela suggests reviewing your organisation’s goals on a regular basis, and adjusting them if needed.

 

The other important factor which Marcela highlights is to have clarity around who is accountable or responsible for implementing different aspects of your organisational goals. “In order for the goal to progress from an idea to reality, you need key people taking charge and making sure that it happens. Part of your goal setting should be outlining who does what, and when, right from the outset.”

 

Find the Values in Your Goals

For your goals to be effective, it’s important to help your team find meaning and purpose in their day-to-day work. Rather than just concentrate on the end goal. A values based approach helps provide the rationale as to “why” you are aiming towards the goal in the first place. The idea is that achieving the goal is a part of something bigger, and is not in itself a means to an end.

 

One way in which organisations effectively motivate their employees to achieve goals through values is to have a vision or mission statement that is developed in collaboration with the employees. Marcela states, “If employees believe in what they are doing, they are going to be more motivated to achieve goals”. For example, many organisations now donate some of their profits to charity, as a values-based incentive for motivating staff.

 

Most organisations also now incorporate values in their day-to-day practice, and code of conduct. Therefore, the way in which employees behave to achieve their goals, becomes just as important as the end goal. Marcela notes that “This cohesiveness between goal and values further reinforces for employees that they are doing the right thing, and for many people this feeling is highly motivating.”

 

For additional information on advice on personal and team motivation and advice on how workplace psychology can help your business, visit www.accesseap.com.au


About AccessEAP

AccessEAP is a leading Employee Assistance Program (EAP) provider in Australia. We have been assisting companies across Australia, New Zealand and South East Asia since 1989 in supporting a mentally healthy workplace. As an Australian owned not-for-profit provider, surplus profits are directed into programs to assist children at risk in the community through direct donation and via The Curran Access Children’s Foundation.

News Reports

The Top Career Paths for Problem-Solvers

If you are looking for a job that involves solving problems, you have come to the right place. In today's competitive job market, employers are looking for employees who have the skills to sol...

Hashtag.net.au - avatar Hashtag.net.au

Hire the Best Lawyer if You are Going Through the NCAT Tribunal

The NCAT tribunal is a great way to resolve disputes between two parties. It is fair, speedy, and confidential. It is also a great way to learn about the other person's side of the story. If you w...

Hashtag.net.au - avatar Hashtag.net.au

Skateboard Shopping for Your Kids

Overall, the skateboard shop was a great experience. The staff was knowledgeable and helpful, the products were high quality, and the prices were fair. I would definitely recommend this shop to an...

NewsServices.com - avatar NewsServices.com

A car collision in Perth injured two persons and caused thousands of dollars in damage

An accident occurred in Perth's North-Western suburbs in the first days of December. A vehicle lost control and crashed into a house in the early hours of the morning. A man was injured when the ...

Hashtag.net.au - avatar Hashtag.net.au

Buying Your First Family Car? 4 Things To Consider

Buying your first family car is a big decision and financial purchase, you want to make sure you get the perfect vehicle. Before you can head to the dealership and secure online car finance, there...

NewsServices.com - avatar NewsServices.com

Why Australians Are Opting out of College

A survey by the Australian Government revealed that a staggering 46 percent of college-aged Australians opt-out of college. Getting a tertiary education might be a dream come true for a lot of people ...

NewsServices.com - avatar NewsServices.com

Safe on the move: forklift personal protective equipment

Employers know that protecting their team is priority number one. Not only can illness, injury, distraction or discomfort cause serious ongoing health problems for employees, it can also cause sev...

NewsServices.com - avatar NewsServices.com

5 tips for building a shipping container home

Shipping container homes have been all the designer rage in the last few years, with Instagram-worthy styles popping up all over the world. There is something so cool and funky about the shipping ...

NewsServices.com - avatar NewsServices.com

Health & Wellness

Learn About the Magic of Cosmetic Dentistry

NewsServices.com - avatar NewsServices.com

Benefits of Cosmetic Dental Services Cosmetic dentistry has been gaining in popularity over the past few years, and for good reason. Cosmetic dental services can provide a variety of benefits that ...

The Power of Physiotherapy in Injury Treatment

NewsServices.com - avatar NewsServices.com

Physiotherapy, also known as physical therapy, is a health profession that focuses on improving the quality of life by assisting patients in restoring and maintaining their natural movement. Through...

The Costs Associated with Gastric Band Surgery

Hashtag.net.au - avatar Hashtag.net.au

Overview of Gastric Band Surgery Gastric band surgery is a procedure that helps individuals achieve weight loss by reducing the size of the stomach. It is an adjustable gastric banding system, comm...

The Best Guide to Learn More About Dental Implants

NewsServices.com - avatar NewsServices.com

Are you interested in finding out more about dental implants? In that case, you've found the proper site! We're here to give you the greatest information on dental implants so you can comprehend the...



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion