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Get the Most Out of Travel

Get the Most Out of Travel

For a business, knowledge is the asset of intellectual capital. Professional relationships outside a company but in related firms and fields, is the asset of network capital. Both of these assets are very easily invested in every single day without most firms realizing it, and because they don’t realize it, they don’t capitalize on it.

How so? These gains can be very easily achieved when you have staff out on the road on business travel.

Business travel is a ‘twofer’ sort of thing, where you get two for the price of one. There’s the point of the trip itself, but then there’s way more to be gained from the opportunities which travel provides, and not just for the traveler. The traveler becomes the ticket.

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When I was the boss approving travel budgets I was very liberal with those allocations; I considered them part of my Staff Training and Education budgets. And since I considered them a kind of mobile schooling, my travelers were given homework. No written reports; I wasn’t interested in creating more work like some Scrooge wanting to get the very most out of my money. Further, I wanted people to relish their travel opportunities, and not consider them a necessary evil. The homework was simply that they had to bring back those two assets I mentioned in the beginning, and share them with the rest of us who had been left behind to hold up the fort. Depart a traveler, return a teacher and a connector.

Homework Assignment 1: For Knowledge and Intellectual Capital.
Tell the rest of us what you learned while you were gone. Teach it to us as best you can without our having the same sensory experience.

Homework Assignment 2: For Relationship and Network Capital.
Show off those business cards you collected, and tell us about the people you met. What do they do, and how will you be following up with them to strengthen the connection? Who else in our company can you introduce them to?

My travelers became very creative with this. They got to be fairly competitive about it too, but in a way that was very healthy for the knowledge and network base of the organization. They started taking pictures, so they could ‘show and tell’ in our staff meetings, but their photos weren’t of cityscapes and monuments; they tried to create that ‘sensory experience’ I’d asked about in the learning itself. My retailers took pictures of attractive shop windows and unusual visual merchandising displays. My golf pros took pictures at tournaments to help explain tricks with gallery control to their staff for our next tournament. All those trade magazines and brochures previously thought of as old news once they’d read them, were no longer chucked in hotel room trashcans. Instead, they came home in flat rate shipping boxes so they could be passed out to everyone else in their department, simply to share a greater awareness of the amount of choice in the industries we operated our own business in, or to stimulate more question and dialogue for us about market trends and breaking ideas.

On the networking side, they quickly found out the benefit of being gracious hosts, for they would invite their new connections to visit our company when we were next on their travel itineraries. When trips repeated to the same cities, or my travelers attended annual conventions, we now had a growing professional network with whom we could magnify our previous opportunities and build on them. Through others, we gained new clients or accolades about our aloha spirit, our products and services; highly valuable word-of-mouth advertising we never would have otherwise enjoyed.

This concept of smart homework for travel worked so well for us, that I’ve even applied the same thought process to the travel we do as a family on our personal vacations. It’s less specific, however it amounts to the same thing: We do things a bit out of our comfort zone, with the attitude that we’d never do the same things at home, learning something new along the way. We don’t keep to ourselves as much as before. We talk to, engage with, and meet many more people; we’ve learned to be more gregarious and social.

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You can expand your own thinking about this when you consider travel to be any thing out of the office, but theoretically still ‘on the clock.’ How about all those association luncheons and trade shows you go to right in your own back yard? What is the intellectual capital and network capital you get out of them, and what are you bringing back for those with whom you work? Do they silently resent or envy your mobility, or are they grateful they have you as the company connector? Something to think about.

Thank you for reading, I’ll be back next Thursday. On every other day, you can visit me on Talking Story, or on www.ManagingWithAloha.com. Aloha!

Rosa Say

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Managing with Aloha, Bringing Hawaii’s Universal Values to the Art of Business

Previous Thursday Column: When Does Great Service Happen?

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Last Updated on February 15, 2019

How Setting Personal Goals Makes You a Greater Achiever

How Setting Personal Goals Makes You a Greater Achiever

Achieving personal goals deserves a huge amount of celebration but setting these goals in the first place is a massive achievement in itself.

While the big goals serve as a destination, the journey is probably the most important part of the process. It reflects your progress, your growth and your ability take control and steer your life towards positive change.

Whatever your goal is, whether it’s losing 20lbs or learning a new language, there will always be a set amount of steps you need to take in order to achieve it. Once you’ve set your sights on your goal, the next stage is to take an assertive path towards how you will get there.

The aim of this article is to guide you through how to take action towards your personal goals in a way that will help you achieve them strategically and successfully.

1. Get very specific

When it comes to setting your personal goals, honing in on its specifics is crucial for success.

It’s common to have a broad idea of where you want to go or what you want to achieve, but this can sabotage your efforts in the long run.

Get clear on what you want your goal to look like so you can create solid steps towards it.

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Say you have a vision on retiring early. This goal feels good to you and you can envision filling your days of work-free life with worldly adventures and time with loved ones.

If retiring early is a serious personal goal for you, you will need to insert a timeframe. So your goal has changed from “I’d like to someday retire early and travel the world” to “I’m going to retire by 50 and travel the world”.

It may not seem significant, but creating this tweak in your goal by specifying a definite time, will help create and structure the steps needed to achieve it in a more purposeful way.

2. Identify the preparation you need to achieve your goal

It’s easy to set a goal and excitedly, yet aimlessly move towards it. But this way of going about achieving goals will only leave you eventually lost and feeling like you’ll never achieve it.

You have to really think about what you need to do in order to make this goal possible. It’s all very well wanting it to happen, but if you just sit back and hope you’ll get there one day will result in disappointment.

Self-managing your goals is a crucial step in the process. This involves taking control of your goal, owning it and making sure you are in a great position to make it happen.

In the early retirement example, this would mean you will need to think about your financial situation.

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What will your finances ideally need to look like if you were to retire early and travel the world? How much money will you need to put into your retirement fund to retire at 50? How much extra savings will you need to support your travels? You could also start researching the places you’d like to travel to and how long you’d like to travel for.

Outlining these factors will, not only make your goal seem more tangible, but also create a mind shift to one of forward motion. Seeing the steps more clearly will help you make a more useful plan of action and seeing your goal as a reality.

3. Breakdown each step into more manageable goals

The secret to achieving your goals is to create smaller goals within each step and take action. Remember, you’re looking for progress, no matter how small it may seem.

These small steps build up and get you to the top. By doing this, you also make the whole process much less daunting and overwhelming.

In the early retirement scenario, there are several smaller goals you could implement here:

  • Decide to make an appointment with a financial advisor asking what financial options would be available to you if you were to go into early retirement and travel. Get advice on how much you would need to top up your funds in order to reach your goal on time.
  • Set up and start to make payments into the retirement fund.
  • Research savings accounts with good rates of interest and commit to depositing a certain amount each month.
  • Make sure you meet with your financial advisor each year to make sure your retirement plan remains the best one for you. Research new savings accounts to move your money into to reap the best returns in interest rates.
  • Start investing in travel books, building up a library that covers where you want to go.
  • Think about starting a language course that will help you get the most out of your travel experience.

4. Get started on the journey

Creating a goal planner in which you can start writing down your next steps is where the magic happens. This is where the real momentum towards your dream starts!

Create a schedule and start by writing in when you will start the first task and on which day. Commit to completing this small task and feel the joy of crossing it off your list. Do this with every little step until your first mini goal has been reached.

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In the early retirement example, schedule in a meeting with a financial advisor. That’s it. Easy.

As I mentioned before, it may seem such a small step but it’s the momentum that’s the most important element here. Once you cross this off, you can focus on the meeting itself, then once that’s ticked off, you are in a position of starting a profitable retirement fund…and so the momentum continues. You are now on your journey to achieving your dream goal.

5. Create an annual review

Taking a step back and reviewing your progress is essential for keeping yourself on the right track. Sometimes you can be moving full steam ahead towards your goal but miss seeing the opportunities to improve a process or even re-evaluate your feelings towards the goal.

Nominate a day each year to sit down and take a look at your progress. Celebrate your achievements and how far you’ve come. But also think about changing any of the remaining steps in light of new circumstances.

Has anything changed? Perhaps you got a promotion at work and you feel you can add more to your monthly savings.

Do you still feel the same about your goal? It’s normal for our desires to change over time and our personal goals need to reflect this.

Perhaps you’d like to take someone new with you on your travels and you need to take this into account regarding timelines. Are there any new steps you want to add as a result?

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Remember, reflection is a useful tool in realigning your goal to any changes and it’s important to keep on the right trajectory towards it.

Strive to become the best goal-setter you can be

Having personal goals gives you purpose and the feeling of becoming a better version of yourself.

But it’s the smaller steps within these big goals that the growth and achievement really lies:

  • Whatever your goal is, make sure you get specific on when you want to achieve it. This helps you focus on the necessary steps much more efficiently.
  • Research the actionable steps required to get to the end result and…
  • Break these down into smaller, manageable goals.
  • Create a daily or weekly schedule for these smaller goals and start the positive momentum.
  • Reflect each year on your goal journey and purpose, readjusting steps according to changes in circumstance or desire.

Keep going and always have the end goal in sight. Remember the ‘why’ behind your goal throughout to keep you motivated and positive.

More Resources About Setting & Achieving Goals

Featured photo credit: Pexels via pexels.com

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