How many goals do you have?

How many goals do you have?

I’m busy writing a speech entitled, “3 Ways To Kill a Good Idea.” It’s a humorous speech for a Warrington Toastmasters meeting next week.

In my research, I discovered data from some Covey Group work. They had completed a study that showed an inverse relationship between the number of goals a team has and the number of goals that are actually accomplished.

  • Goals set 2-3 = Goals Achieved with Excellence 2-3
  • Goals set 4-10 = Goals Achieved with Excellence 1-2
  • Goals set 11-20 = Goals Achieved with Excellence 0

The deduction from this is that your business should keep the number of goals a team has to a critical few so each idea has a chance to live and not be strangled by multiple other goals.

The question you must ask about each new goal is: “Is this better than the other goals we already have?” If it is, then an old goal must be eliminated. If it is not, then the old goals stay in place and the team maintains its current focus.

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I am a partner at Succession Plus. We are specialists in providing proactive, focused and strategic advice for SME owners to help them manage strategic Business Succession and Exit Planning.I am enjoying a career that has embraced product and service businesses at all stages of their journey. I have worked in technology, telecoms, consumer electronics, payments, media, and publishing.

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