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Goal Setting Tips that Will Help You Keep Your Resolutions

Goal Setting Tips that Will Help You Keep Your Resolutions

It is the time of year when most of us start thinking about all the things we wish we could do differently. We might even have regrets about what we didn’t get done or have goals for what we want to achieve in the coming year. The problem is, most of what you’ve been taught about goals is wrong… Or, at least, incomplete. Most of the conversation about goals is focused on the setting of the goal. The truth is, most of us need help achieving the goals. Here are four simple steps that will help you get better at achieving your goals, not just setting them.

1. Set an Attainable Short-Term Goal

Start with a one-day goal: a goal you can achieve in one day, by the end of the day. If you find yourself with doubts about the attainability of your goals, uncertainty about how to achieve them, or are facing any sort of goal setting crisis, focus on something that you can be successful in achieving in the near future. Start with a simple question, like, “What is the most important thing I can do today?” The answer to this question can be the basis for a daily goal.

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2. Focus on Frequency: Flex Your Goal Muscles

Set another short term goal tomorrow. The ability to set and achieve goals is a skill not unlike hitting a golf ball or making a free throw in basketball. If you are going to become good at it, you have to practice and use the skill frequently. Muscle memory, also known as motor learning, is a form of procedural memory that involves consolidating a specific motor task into memory through repetition. When a movement is repeated over time, a long-term muscle memory is created for that task, eventually allowing it to be performed without conscious effort. This process decreases the need for attention and creates maximum efficiency within the motor and memory systems. Examples of muscle memory are found in many everyday activities that become automatic and improve with practice, such as riding a bicycle or typing on a keyboard.

While goal setting is a mental exercise and does not involve a motor task, like riding a bicycle, it is a skill that can be honed in much the same way through repetition and practice. And it can deliver invaluable benefits by helping you travel from point A to point B, taking you from planning to achievement and success.

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3. Measure for Mastery

Measurement is critically important, and it matters especially if you take your effort seriously. If you want to get very good at something, you must do it repeatedly, but if you want to become the best at something, you must do it repeatedly and measure your results. In the case of goal planning, I suggest writing your goal down as a way of measuring it. Remember, your deadline for achieving this goal should be pretty short-term.

In most situations, success in even the most ambitious goals comes down to executing the simple things, or a mastery of the basics. Measuring those simple steps and keeping score is essential to tracking your progress toward mastery. It should simply be used as a way to measure whether the goal that was set was attainable and was accomplished. The results gathered in the measurement step should have a positive bias toward the affirmative. Stated another way, if you are successfully getting better at achieving goals, you should have a higher percentage of goals achieved vs. not achieved.

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4. Review Your Course: Evaluate New Possibilities

As you pursue your goals, it is critical to review your prior performance. When you review your previously achieved goals, as well as your missed targets, you can gain valuable insight to help you revise your goals or define your next objective. This step can help you become more self-aware of both your abilities and limitations. At this point, you should also look to previous successes for new opportunities that may have presented themselves and for insights on how to pursue them. Review any missed targets to learn why these goals were not attained and where you may have deviated from your intended course.

An important part of course correction is to see how you can benefit from the experience of prior goal setting and pursuit. As you review your prior performance, you may discover that your perspective has changed and that a new direction may be in order. If you find yourself getting closer to your stated goal but further away from what “feels” like the right objective or path, you should dig deeper into those feelings and look for potential insights and course changes. The purpose of goal setting should be to accelerate your achievement toward your strategic objectives. This step in the process is designed to make sure that is happening and you are not following your goals blindly in a course that will take you off-track.

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Published on October 22, 2020

What Is Analysis Paralysis (And How to Overcome It)

What Is Analysis Paralysis (And How to Overcome It)

Have you ever taken so long trying to solve a problem that you just ended up going around in circles? How about trying to make a major decision and just freezing up when the time to decide came?

You might have found yourself gathering too much information, hoping it will help you make the best decision—even if it takes you too long to do so. This probably led to many missed opportunities, especially in situations where you needed to act on time.

Nobody wants to make the wrong decision. However, delayed decision making can have a hugely negative impact on all aspects of your life—from your personal relationships to your career. Delaying important decisions can be the worst decision of all.

At one point or another, people get stuck at a decision impasse they can’t seem to overcome. This is due to a mental blindspot called information bias, informally known as analysis paralysis.

Analysis Paralysis and Stalled Decisions

Information bias, or analysis paralysis, is our tendency to seek more information than is needed to make decisions and take action.[1] It is one of many cognitive biases that cause us to make mistakes during the decision-making process.

A related cognitive bias is the status quo bias, which is our tendency to prefer that things stay the same and fear any changes.[2] Together with analysis paralysis, these two dangerous judgment errors pose a threat to our successful navigation through our rapidly-shifting world.

Consider what happened to Lily, a consulting client of mine who’s a mid-level manager in the UX department of a large tech company. Lily had been there for 5 years and was thinking about switching to a startup after a couple tried to recruit her.

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However, she had been taking a lot of time making a decision. In fact, before she contacted me, she had already gathered information and talked to a lot of people for 7 months. Realistically, more information won’t sway her decision, but she kept trying to gather more information.

And then, there was the technology company that came to me after their growth started to decline. The company had initially experienced rapid growth with a couple of innovative products. However, its growth started to decrease—unfortunate, but not unexpected.

Essentially, the company’s growth followed the typical S-curve growth model, which starts as a slow and effortful start-up stage. This is followed by a rapid growth stage, then a slowdown in growth, often following market saturation or competitive pressure or other factors. This is the point where the company’s existing products reach maturity.

However, even before a slowdown hits, forward-thinking companies would innovate and change things up proactively. This is so they could have new products ready to go that would maintain rapid growth.

Unfortunately, this wasn’t the case with this particular tech company. Not only did they not address the potential decline but once the company’s growth stalled, the leaders dug their heels in and stayed the course. They kept on analyzing the market to find the cause of the problem.

Worse, a couple of executives in the company proposed launching new products, but most of the leadership was cautious. They kept on asking for guarantees that the products would be a success, demanding more information even when additional information wasn’t relevant.

Both Lily and the tech company remained paralyzed by too much information when they should already have taken action. While this situation isn’t unexpected, it is totally avoidable.

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As I told both parties when they consulted me, all they needed to do was to face analysis paralysis head-on and make a decision. But they had to follow the best decision-making process available first, didn’t they?

8-Step Decision-Making Process to Avoid Analysis Paralysis

I told Lily and the leaders at the tech company that we should never go with our gut if we want to avoid disasters in our personal and professional lives.[3] Instead, I advised them, as I advise you now, to follow data-driven, research-based approaches, such as the one I’ll outline below.

From hiring a new employee, launching a new product, selecting a Zoom guest speaker for your annual video conference to deciding whether to apply for a higher-level position within your company, the following steps will help you fight analysis paralysis and make the best decisions possible.

1. Identify the Need to Launch a Decision-Making Process

This is particularly important when there’s no explicit crisis that cries out for a change or decision to be made. Such recognition is also applicable when your natural intuitions are keeping you from acknowledging the need for a tough decision.

Remember that the best decision-makers take the initiative to recognize the need for decisions before they become an emergency. They also don’t let gut reactions cloud their decision-making capacity.

2. Gather Relevant Information From a Wide Variety of Informed Perspectives

Listen especially to opinions you disagree with. Contradicting perspectives empower you to distance yourself from the comfortable reliance on your gut instincts, which can sometimes be harmful to decision-making. Opposing ideas also help you recognize any potential bias blind spots, and this allows you to come up with solutions that you may not have otherwise.

3. Paint a Clear Vision of Your Desired Outcome

Using the data gleaned from step 2, decide which goals you want to reach. Paint a clear vision of the desired outcome of your decision-making process. You should also recognize that what seems to be a one-time decision may turn out to be a symptom of an underlying issue with current processes and practices. Make addressing these root problems part of the outcome you want to achieve.

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4. Make a Decision-Making Process Criteria

Make a decision-making process criteria to weigh the various options of how you’d like to get to your desired outcome. As much as possible, develop these criteria before you start to consider choices. Our intuitions bias our decision-making criteria to encourage certain outcomes that fit our instincts. As a result, you get overall worse decisions if you don’t develop criteria before starting to look at options.

5. Generate Several Viable Options

We tend to fall into the trap of generating insufficient options to make the best decisions, and this can lead to analysis paralysis. To prevent this, you should generate many more options than you usually would. Generate several viable options that can help you achieve your decision-making process goals. Go for 5 attractive options as the minimum.

Keep in mind that this is a brainstorming step, so don’t judge options no matter how far fetched they might seem. In my consulting and coaching experience, the optimal choice often involves elements drawn from out-of-the-box options.

6. Weigh These Options and Pick the Best One

When weighing your options, beware of going with your initial preferences. Try to see your preferred choice in a harsh light. Also, do your best to separate each option from the person who proposed it. This minimizes the impact of personalities, relationships, and internal politics on the decision itself.

7. Implement the Option You Chose

For implementing the decision, you need to minimize risks and maximize rewards, since your goal is to get a decision outcome that’s as good as possible.

First, imagine that the decision completely failed. Then, brainstorm about all the problems that led to this failure. Next, consider how you might solve these problems, and integrate the solutions into your implementation plan.

Next, imagine that the decision absolutely succeeded. Brainstorm all the reasons for success and consider how you can bring these reasons into life. Then, integrate what you learned into implementing the decisions.

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Finally, develop clear metrics of success that you can measure throughout the implementation process. This will enable you to check if you’re meeting the goals you identified in step 3. It will also help guide your goal-setting process—something to keep in mind when you use this decision-making technique again in the future.

8. Set a Reminder to Use the Process for Future Decisions

Regularly check if it’s time to employ the decision-making process once again. As discussed in the first step, there may be times when there’s no explicit crisis that cries out for a change, even though underlying issues might already be signaling that it’s time for a tough decision.

Setting a reminder—perhaps a visual one such as a note on your desk, or even just a scheduled alert on your phone—will ensure that you can catch decision-making cues before they’re due.

While Lily and the tech company initially had to fight off a lot of discomforts when using the process, they were ultimately rewarded with sound decisions they were immensely satisfied with.

This battle-tested method will do the same for you. It will certainly propel your decision-making and, at the same time, help you thwart analysis paralysis and avoid decision disasters.

Conclusion

Nobody wants to make the wrong decision, but you also don’t want to take too long and miss opportunities. By using a data-driven and research-based approach to decision making, you can nip analysis paralysis in the bud and make the best decisions.

More Tips to Overcome Analysis Paralysis

Featured photo credit: Muhmed El-Bank via unsplash.com

Reference

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