It’s virtually impossible to hit the target when you don’t know where you are aiming.
- Step 2 of the Pyramid Goal process – defining the vision with trajectories/goals
- Start by looking at your visions
- Example:
- ABC had a successful financial year in 2017 increasing revenues and profits while focusing on Government contracting.
- This vision statement has 3 key parts – Financial Success – Growth – Gvt Contracting
- Define the vision with trajectories/goals
- Use your goals and trajectories to define the vision
- In the example above, if we look at financial success, we need to define what that means
- Create some 2017 targets
- We complete $5M or more of work in 2017 with a profit margin of 5% or more while maintaining our debt to less than 4% of annual revenue.
- Keep your trajectories SMART
- Specific
- Measurable
- Agreed Upon – (this is where the vision comes in)
- Realistic
- Timely