"Learn from yesterday, live for today, hope for tomorrow." ~ Albert Einstein
January has indeed flown by with many of us getting used to new routines and making plans for the new year. For those of you have yet to embark on setting your goals, it is not too late! Our team believes and embraces the SMART goal setting technique. We will be sharing with you a brief rundown on how just like us, you can get started with your SMART goals for 2020.
What does S.M.A.R.T goal setting stand for?
Specific, Measurable, Attainable, Relevant and Timely.
SMART goal setting brings structure and track-ability into your goals instead of vague resolutions by incorporating clear objectives and milestones. Unfortunately, SMART goal setting could be one of the most effective and yet least used tools for achieving goals in the corporate world.
After years of setting goals, our team recognizes that the more specific our goal description, the higher the chance for us to achieve exactly that. We started with outlining our project. With an overall picture in mind, we then go on to set specific intermediary goals by asking ourselves what exactly do we want to achieve.
Next, we needed to identify exactly what it is that we will see, hear and feel when we reach our goals. It involves breaking our goals down into measurable elements. As a startup, indicating that we want new features, partnerships or deals by end of the year is not going to cut it. More than just setting an overall number, we had to break that down to what we could achieve on a monthly, weekly and even daily basis in order to make the objectives clearer and easier to reach.
There is nothing wrong with shooting for the stars, but we need to consider if we can have an actionable plan to achieve those goals by weighing the effort, time and other costs our goals will take against the profits and the other obligations and priorities we have. This a key part of the goal setting as it allows us to forecast if a goal is attainable right from the start before any resource is expended on it.
The main questions to ask here are why do we want to reach these goals? What are the objectives behind these goals, and will these goals really achieve that? For example, thinking that having a bigger team is always better, but will it really?
Finally, we all know that deadlines are what makes most people switch to action. Therefore, time basing our goals is important because time is money! It is also key to note that keeping the timeline realistic and flexible, allows us to keep morale high in order to last the distance.
Let's achieve our Goals for 2020:
We feel the SMART goals checklist allows us to evaluate our objectives easily and creates transparency throughout the company. As a team, we are looking forward to continue to search for more like-minded team members, improve our product capabilities and market adoption this year! So stay tune and join us to make a difference in the insurance industry in South East Asia!
From all of us at Insuree, we wish you an awesome and fruitful 2020!