Set goals that are challenging but achievable from "summary" of Scaling Up by Verne Harnish
When setting goals for your business, it's important to strike the right balance. You want to aim high, but you also want to ensure that your goals are realistic and attainable. One common pitfall that many companies fall into is setting goals that are either too easy or too difficult. If your goals are too easy, your team may not be motivated to push themselves to achieve more. On the other hand, if your goals are too difficult, your team may become overwhelmed and discouraged. To avoid these pitfalls, it's essential to set goals that are challenging but achievable. This means finding that sweet spot where your team is pushed to excel, but not pushed to the point of burnout. When your goals are challenging yet attainable, your team will be motivated to work harder and be more innovative. They will see the value in their efforts and feel a sense of accomplishment when they reach their targets. To set goals that are challenging yet achievable, it's important to have a clear understanding of your company's capabilities and resources. You need to know what your team is capable of achieving and what resources they have at their disposal. By taking these factors into account, you can set goals that stretch your team's abilities without pushing them too far. Another key aspect of setting goals that are challenging yet achievable is to break them down into smaller, more manageable tasks. By breaking a larger goal into smaller milestones, you can give your team a sense of progress and momentum. This can help keep them motivated and focused on the end goal.- Setting goals that are challenging yet achievable is crucial for the success of your business. By finding that balance between pushing your team to excel and ensuring that they have the resources to succeed, you can motivate your team to achieve great things. So, take the time to set goals that are both challenging and achievable, and watch your business soar to new heights.
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