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Last Updated on January 24, 2021

How Goals Performance Review Can Help You Succeed More

How Goals Performance Review Can Help You Succeed More

Setting and achieving goals can be an interesting adventure on your journey to success if you form the habit of tracking and reviewing your performance on the goals you have set. To achieve this, you can carry out a periodic or end-of-cycle goals performance review to know how well you are progressing.

In this article, you will find useful tips on how to carry out a goals performance review and important steps to take on the outcome of your reviews.

What Is a Goals Performance Review?

A goals performance review is an intentional and planned activity carried out to measure your productivity based on your set goals. The real essence of this review is to identify what is going right, what is going wrong, and to set future goals.[1]

Taking a periodic review of your goals is an indicator that you are serious about achieving them, and this can actually be a source of motivation to achieve your goals.

Benefits of a Goals Performance Review

There are countless benefits associated with measuring your performance and progress on your goals. You will find some of them below.

Keep Track of Your Goals

It’s easy to get distracted and lose focus if you do not create a plan to follow through with your goals. This won’t happen when you have a plan in place such as a performance review. The review will even be more significant when you have many goals to track, such as financial goals, career goals, family goals, health goals, etc.

Measure Your Performance

A scheduled review will help you to evaluate yourself and see how you are performing with your goals. Many times, the information you gather from this evaluation can help you sit tight or push you to do more to accomplish your goals.

Identify Necessary Adjustments

A goals performance review can show you what is working and what is not in your efforts to achieve your goals. Therefore, you might find from your evaluation that you need to make certain adjustments in order to accomplish your goals.

Achieve All-Around Success

Without deliberate reviews, there is a tendency to perform well in one area while other areas suffer. A periodic goals performance review can help you live a balanced life as you keep track of all of your goals and make sure you are not falling short in any area.

How to Carry out a Goals Performance Review

Carrying out an effective goals performance review begins with setting your goals correctly. Be clear about your expectations and results. When you set S.M.A.R.T Goals, it will be much easier for you to track, measure, and evaluate them.

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There are no hard and fast rules for carrying out a goals performance review. It all depends on the kind of goals and the time you attach to your goals. However, as a guide, here are some ways you can review your goals:

Based on End Results

Some goals are “end goals,” and the only way to review them is by whether they turn out as a hit or miss. For example, setting a goal to land a particular job or making the cut-off point in a professional exam can be a hit or miss.

However, when you have a couple of goals in different areas, your performance review can include looking at how many of your end goals you have been able to achieve versus the ones you couldn’t achieve. You will be able to judge whether you are generally making progress or not.

Based on Milestones and Timelines

For effective goal setting and tracking, it is usually advised that when setting your goals, you should break them down into smaller units so that you can measure your performance throughout and also get motivated when you accomplish those smaller goals. The milestones will help you to know if you are moving closer to accomplishing your bigger goals or not. Below are some examples of this kind of review.

Building a Home

If you plan on building your own home within the next three years, for example, securing a landed property and getting your building plan approved by the government in the first year are significant milestones towards your building goal.

Losing Weight

If you plan to lose 80 pounds in one year, and your milestone is set at 20 pounds in three months, carrying out a quarterly review of your weight apart from checking the scales weekly can give you a picture of your weight loss journey.

Career Advancement

If you set a goal to become a CEO in 5 to 8 years from your current level as a mid-level manager, having a rising portfolio every two to three years is a notable milestones in accomplishing your goal.

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Retirement

Another example is planning to retire at 50, meaning that you want to be financially secure at 50. If you are currently 35, your investment portfolio review can be set to every 3 years to know how close or far you are from your goal. You would have carried out this review at least four times before your planned retirement.

What a Goals Performance Review Reveals

Your review can show you different things about your goals and yourself, including:

  • That you have achieved your goals
  • That you failed to achieve your goals
  • That you are on course to achieving your goals
  • That at the rate you are going, you might not achieve your goals

Whatever it is that your review reveals, there is always something to be done to improve the situation.

What to Do When You Fall Short of Your Goals

When you fall short of your goals, there are several things you can do to get yourself back on track.

Review Possible Reasons for Failure

If it is an end goal, then you might want to ask questions about why the goal failed. Is it that you didn’t put in the required work, planning, diligence, or follow-up? Or were there simply factors outside of your control?

Generate Ideas to Mitigate the Problems Now or in the Future

If you are able to trace what is responsible for the failure, then brainstorm possible ways to mitigate such problems so that they won’t be an hindrance to achieving your goal in the future.

Get Motivated

If you are still within your set time limit but are running out of time, what you need is motivation and a positive attitude. You don’t have to give up on your goals, irrespective of what the results currently look like.

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Change Your Goal Post

Changing your goal post might mean extending the deadline if possible, reducing your goal projection to a smaller manageable scale, or doing something different.

What to Do When You Are Reaching Your Goals

It’s okay to celebrate the achievement of your goals, but it’s also not quite time to relax. You can do the following when you are hitting your goals.

Raise the Bar

It is better to set hard-to-reach goals than to set ones that you can reach without much sweat. So when you hit your goal, you should raise the bar.

For example, if you set a goal to read two books in a month, and you’ve been consistent with your goal for about 4 to 6 months, you don’t have to wait until the end of the year to set another goal. Increase the books from 2 to 3, and you’ll have more books and knowledge added to your archive in a year.

Improve the Quality of Your Outputs

When you are hitting your goals, you can also increase the quality of your outputs. For example, if you set performance goals like meeting deadlines, you won’t just stop at meeting the deadlines, but you will also ensure that the quality of your work deliverables is top-notch.

Dream Bigger and Set New Goals

Reaching your goals and hitting your targets too often might be an indication that you are not dreaming big enough or that you have outgrown the kinds of goals you are setting. It is time to start thinking differently and create a new set of goals that will stretch your abilities.

Bottom Line

There is always something to learn from an honest goals performance review. It is important to note that doing well with your goals does not mean that you have given your best, and falling short of your goals does not mean you are not doing enough.

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Regardless of the outcomes of your review, you will always find an opportunity to do something better: to change your strategy or approach, to aim for something higher (or lower), or to set a brand new set of goals.

More Tips on Measuring Your Goals

Featured photo credit: Isaac Smith via unsplash.com

Reference

More by this author

Leon Ho

Founder & CEO of Lifehack

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Published on February 23, 2021

What Are Vision Boards And Why They Work

What Are Vision Boards And Why They Work

We hear people saying that vision boards are a fad, that they are not worth doing, and that they should be forgotten. However, this is simply not true. Vision boards can be very useful, and they are definitely worth taking the time to create. That is why so many celebrities and notable figures in the world are choosing to create and use them.

Beyonce has been known to use vision boards to help her with her future goals, as has Oprah Winfrey and if they work for these two incredibly powerful and talented women, then it makes sense that anyone can benefit from them.

But what are they? Rather than simply being a collection of images, vision boards are so much more than that.

To help you to learn more, I have put together our guide to what they are, how they can be made in four steps, and why you should make an effort to make a vision board for yourself.

What Is a Vision Board?

We all have visions and goals that we want to achieve. They may be in our personal lives, or they may be in our careers and businesses. While we may know what it is that we want to achieve, this doesn’t mean that it is always easy to focus on our goals.

The idea of a vision board is that it is a visual representation of what we want to achieve. We can use it to show our end goal and where we see ourselves being in the future. Not only this, but a vision board will also help you show the process of how you envisage getting to these end goals.

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A vision board can be made from a variety of images. What you choose will really depend on you. However, you need to make sure that it reminds you of what your goal is and what it means to you. They should be something that you want to display and that is as eye-catching as possible.

Colour and texture are key parts of any vision board. However, how you use them is entirely down to you and you alone.

How To Create a Vision Board?

Making a vision board may sound straightforward, however, it can be more complicated than you realize. There are plenty of things that you need to think about along the way.

While the way that you make your vision board will really depend on you, there are 4 steps that you should follow to make sure that it is clear and useful for you in the long run.

Step 1: Define Your Goals

The first thing that you need to do is make sure that you define your goals. To do this, you need to list the areas of your life that you consider to be most important to you. We can’t tell you what these are since they are a personal choice. However, some of the most common examples of these areas include your family, relationship, hobbies, friends, fitness, well-being, and finances.

When you have identified what areas of your life are most important to you right now, then you can start to drill down even further into them and identify what goals you have within them.

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If you focus on sports and fitness, then maybe you want to teach yoga or train in a sport. If travel is important to you, then maybe plan a trip around the world. If you want to expand your mind, you could identify an instrument or language that you want to learn and if you are thinking about your career (and maybe your finances, too), then starting a business could be a key goal for you.

You shouldn’t spend too much time on this, else there is a chance that you may overthink things rather than letting them come to you. Only spend around 10 minutes on this step. Make sure that you write down anything that comes to mind as you can use these things later on.

Step 2: Gather Your Inspiration

Once you know what your goals are, then you need to start thinking about how you can create a visual representation of these goals. Think about words and images that match in with what you want to achieve.

Of course, the most obvious place to look for these images is in magazines, but you shouldn’t limit yourself to only magazines. Other great places that you can use for inspiration for your vision board include:

  • Postcards
  • Stickers
  • Wrapper paper
  • Materials
  • Things from nature
  • Online searches

When you see something that works for you, then cut it out or even rip it out and place it on one side. You may be surprised by just where you can find your inspiration, and you shouldn’t discount something just because it doesn’t fit in with what you think should inspire you.

This step will take a little longer than the last. So, you might want to make sure that you have a nice cup of your favorite hot drink—ready to browse through and find your inspiration.

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Step 3: Map Out How You Want Your Board to Look

Now, we have got to the point where you can start thinking about what your vision board is going to look like. You will need to grab some things for this step. You will need some cardboard (the bigger the better), scissors, glue sticks, markers, fabric, decorate tape, stickers, gems, or sequins.

To start, you just want to lay your images out on your board. You don’t want to glue anything until you know how you want them to be arranged. The last thing that you want is to stick things down, commit to that setup, and then find out that you want to change them.

Once you are happy with how things look, then you can stick it all down. You may want to use some of the added decorative things that you have put together, such as decorative tape, sequins, stickers or simply use different pens or paints to add color.

The main thing to remember is that your vision board is all about you, so what you create should be appealing to you. You can look online for help on how to put things together and make up your board but, ultimately, you need to focus on it being a representation of you.

Step 4: Make It Happen

The last thing on the list is to make sure that you bring your vision board to life. First, you need to make sure that you display it in a place where you will be able to see it. After all, that is the main reason for taking the time to make your vision board in the first place.

Display it in a place that you go to every single day. This could be a home office, your bedroom, or perhaps in a hallway before you leave the house every day. Having it there will remind you that you need to follow those dreams and achieve those goals and will also show you how you can do it.

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Then, it is down to you. Do whatever you need to do to make it happen. Push yourself and focus on what you want to achieve. You may make excuses and you may sometimes think that you just can’t do it, but I promise you that you can—that you will one day get there. Of course, your vision board is just a part of the process, and really, it is down to you to make it happen. So, do it!

Why Do They Work?

We know that vision boards sound like they are a lot of work, but the truth is, they are as hard as you make them. Not only this, but they are well worth putting all that effort into to create them.

With a vision board, you will able to see what it is that you want in the future and identify how you can get there. When you can see it, there, in front of you, then you are going to want to get there, and you are going to feel much more motivated to work towards these goals. Not only this, but the process of making a vision board is more fun than you may realize. This means that you can look forward to doing it rather than ignoring those goals and stopping yourself from achieving what you want in the future.

More Tips on Creating Vision Boards

Featured photo credit: Andy Art via unsplash.com

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