As we approach the end of the year and you do your end of year analysis, look at the balanced scorecards, look at the trends for performance of various sorts – how did you do? Did you meet your goals? Exceed your goals? Were your goals even relevant at the end of the year or had the game changed? Were you so busy you did not even have time to think about goals?
One of the important qualities of successful leaders is taking time to reflect. I know – most of us are running so fast and hard this seems impossible yet it is critical to your success and mine. In preparation for my goal setting process I have done a few things?
- Evaluated my performance against key measures this year – was happy with the results
- Evaluated how I feel about the year outside of the numbers – feel happy with my personal growth, development and general well being
- Looked at the emerging trends to determine what I need to do to be successful next year – feel prepared to start the year on a positive note
- Organizational complexity is increasing even more – within companies and between companies and in the business environment
- Having a great team is critical to organizational success
- Trust is critical to working with a team
- Breakthroughs will come from using a comprehensive approach that takes into account: what I stand for as a leader, how I behave, the culture we are creating for our organization, the systems we put in place and how well they are aligned to deliver on our strategy
- Monitoring trends will remain important to staying ahead of the game – Situational awareness continues to be critical
- Managing cash flow matters – there is still volatility in ability to access cash and at what cost
With those trends in mind:
- What do you need to do to shore up your foundation in this complex environment?
- What do you need to keep an eye on to manage your risk?
- Where can you innovate (in your thinking as well as your processes) to drive outcomes?
- What do you need to invest in to create strategic advantage?
With those questions in mind, what are your goals for 2011?
Photo Credit: By lululemon athletica