Posts Tagged ‘quarterly’

Shorter Goals for the New Year

Like many others, you may use the start of a new year to set goals for what you want to accomplish over the next year. These goals may be business goals, personal goals, or more informal resolutions. If you are like me, you enter the year with a lot of energy and excitement towards reaching those goals, and yet throughout the year many seem to fade out of focus and do not get achieved.

Part of the problem is that although a year is a brief measure of time in the course of our lives, it is often too long to stay focused on achieving our goals.  There can be too many unexpected events that can occur in the course of a year that through us off track and derail us from achieving our goals.

Some people solve this somewhat by breaking down annual goals into monthly goals.  This can certainly be a good step, but it is too easy to let the start of a new month go by without reviewing your goals and set goals for the next month.

To solve these problems, set your goals for a three or four month period.  If you ever follow the stock market, you’ll notice that corporations release quarterly reports.  This allows them to focus on distinct three month periods. The government also releases many economic statistics on a quarterly basis.  You too can take advantage of this premise by breaking your goals down into shorter periods.  By breaking the year into quarters or thirds you gain many advantages:

  • you have a clear timeline that is of significant enough length to achieve recognizable and meaningful results
  • you will have a better understanding of your schedule
  • you should have a good idea about important life events in the upcoming time period that require your attention
  • if you get off track on a particular goal you don’t wait until the end of the year to reengage
  • you can use the understanding gained in one time period to set better goals for the next time period
  • you get three or four points in the year for a recharge session where you are able to review your accomplishments and set new goals (perhaps have a quarterly celebration and/or retreat)

I leave the actual length of these periods up to you, as they should be based around your particular life schedule.  For example, I am setting goals for four month periods this year. For me, the four month time frame connects well with my schedule as a professor.  The first four months represent the first semester, this year with a heavy teaching load.  The second four month period represents the summer time period with a reduced teaching load and more time for research, writing and travel.  The final four moth period represents another semester with a different teaching load and different set of life circumstances.  By breaking the year down into four month periods I am able to focus on goals that are relevant to my life at each particular period of time.

As you go to set your goals here are some reminders to help you set good goals:

  • set goals for each important area of your life
  • make your goals measurable
  • goals should be challenging and yet attainable
  • short-term goals should be in alignment with your long-term goals and life purpose or mission

In upcoming posts I will share with you some of my accomplishments from the past year, as well as my goals for the upcoming four month period.  Start working on your goals and be prepared to share a goal or two.

Happy New Year!

The Success Professor – Danny Gamache
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Posted on January 1st, 2009 by The Success Professor  |  6 Comments »