By: Sean Carson, Business Development Manager, Univest Capital, Inc.
Every January, we start to think about how we would like to better ourselves in the upcoming year. Whether you want to improve yourself personally or professionally in 2016 you will need to set goals to keep you on target. There are two types of goals: result goals and activity goals.
Most people set goals based on the outcomes they desire. These are called result goals. Examples of result goals are: getting a promotion at work, making the varsity basketball team or losing 20 pounds. Result goals are important because they give you a finish line to work towards and their success can be measured at the end of the year.
However, the most commonly forgotten, but most important part of effective goal setting is creating activity goals. Activity goals are the things you will need to do in order to reach the results you want to achieve. Result goals will be achieved by completing the activity goals in your plan.
Use SMART goals when setting your activity goals for each month. SMART stands for specific, measurable, attainable, realistic and timed. By making your activity goals SMART you will be able to keep track of your success.
Each month you should evaluate and adjust your activity goals. Ask yourself if you are completing the activity goals you have set and if those activities are getting you closer to your desired result. Continue to monitor and tweak your activity goals until you feel your activities are keeping you on track to achieve your result goals.
Creating activity goals for yourself will put you on the road to meeting your resolutions this year. As Margaret Thatcher said, “Plan your work for today and every day, then work your plan.”
Univest Capital Inc. is a subsidiary of Univest Bank and Trust Co. Equal Opportunity Lender.