Are they goals or are they fantasies?

Everyone who attempts to do anything, wishes to be successful.
Success can come accidentally but rarely so.

If we desire to be successful by design and not by fluke then objective /goal setting is a must. It is essential not only for individuals and organisations but also economies and countries.
In the absence of objectives one runs the risk of running aimlessly. Pursuing activity without direction and pace, it is to waste resources and opportunity and even failure and collapse.

If one wants to succeed in any venture, then objectives are essential. We may define them formally or subconsciously. It's better to write them down so that one is clear and able to share them with other team members.

Objectives should have these 4 characteristics. They must be,

Specific
Time bound
Measurable
Challenging

Specific, because objectives must be clear, providing no scope for of misunderstanding to anyone.
Time bound, because if there is no time limit, the objective will remain elusive, taking for ever to achieve, if at all.
Measurable, because if it cannot be measured it cannot be attained with certainty.
Challenging, if attaining an objective does not demand effort, its an existing reality not an objective.

Without possessing these four characteristics, a goal is but a pipe dream, a mere fantasy.

Comments

Office Efficiency - Central Social Institution, Prague, 1937

The offices of the Central Social Institution of Prague, Czechoslovakia. April 1937 “The offices of the Central Social Institution of Prague, Czechoslovakia with the largest vertical letter file in the world. Consisting of cabinets arranged from floor to ceiling tiers covering over 4000 square feet containing over 3000 drawers 10 feet long. It has electric operated elevator desks which rise, fall and move left or right at the push of a button. to stop just before drawer desired. The drawers also open and close electronically. Thus work which formerly taxed 400 workers is now done by 20 with a minimum of effort. Ref: B196_095071_3660 Date: 26.04.1937 Compulsory Credit: UPPA/Photoshot”

You have to play the game to win it.

In life its not sufficient to be merely efficient but to also be effective. Someone once asked my father Man Singh ji, 'What is the secret of your success?' He remarked, "I do not always make right decisions. I make decisions, and then almost always make them right" Read more ..........

The neck of the bottle is always at the top.

F requently requested to assist organisations large and small, I observe a common and recurring theme. The issues revolve around the struggle of owners /managers to manage effectively. This is visible predominantly in companies that have started small and are growing, in family run businesses and families themselves. They are invariably puzzled that management approach, style and methods which worked so well in the past, now just don't work anymore. They resort to even more hard work and effort, yet the situation only worsens. Finding themselves in unfamiliar situations they dart here and there implementing fads, half hearted strategies alien to their thinking and character. They do this because they are getting frustrated and doing something is considered better than doing nothing. They change staff and managers. They churn product mix, vendors and even customers and markets. They try so many things but nothing seems to work. They chang...

Enigma Solution

Search This Blog