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Episode 222 - The Leader’s Mindset - Part Two - Goal Orientation

Leadership Today - Practical Tips For Leaders

Release Date: 09/06/2024

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Summary

We each have mindsets that we bring to our leadership. In this second of a five part series, we explore Goal Orientation and the role it plays in The Leader’s Mindset.

 

Transcript

Hello and welcome to episode 222 of the Leadership Today podcast where each week we share practical tips to improve your leadership. In this second of a five part series, we explore Goal Orientation and the role it plays in The Leader’s Mindset.

In the last episode we introduced The Leader’s Mindset which has four elements: Goal Orientation, Optimistic Outlook, Options Thinking and Drive for Growth. I encourage you to listen to that episode first and also take the time to complete our free Mindset to Action assessment. This provides detailed feedback on all four areas along with development suggestions. Just go to https://leadership.today/mta

Snyder’s hope theory, which the Leader’s Mindset is partly based on, indicates that setting and pursuing meaningful goals is a core element of satisfaction, well-being and general health. Yet we’re typically not great at setting and achieving goals. Research reveals that of the roughly 50% of people that set a New Year resolution, only 8% achieve the goal they set. Research from Strava, the fitness tracking company, reveals that of those who set a clear fitness goal for the new year, a full 80% have given up within two weeks. That’s people who are motivated to make a change and encouraged to set a structured goal. So what goes wrong?

Setting a goal is a rewarding activity, but working toward a goal requires effort. This shift from reward to effort is where many people give up. We also know that development and growth is uncomfortable. It’s typically more comfortable to just let the goal go and stay where we are. We also often express our goals as a general desire rather than a decision. Compare “I want to improve my public speaking” with “I will improve my public speaking”. The second statement demonstrates a decision to change.

If we use the metaphor of a journey, Goal Orientation is like identifying a destination point on a map. With a Goal Orientation mindset a person is clear about what success looks like in their own terms. They have a clear vision for the future and regularly set goals towards that vision. They know where they’re headed and why that’s important to them. Without a Goal Orientation mindset, a person isn’t clear about their future direction and where they want to head. They become directionless in their lives and therefore may struggle to make progress.

Goal Orientation is where a Leader’s Mindset begins. And like any mindset, you can develop Goal Orientation with intention, practice and time. Here are four practical strategies to develop your Goal Orientation.

  1. Define What Success Means To You: It's important to have your own vision of what success looks like for you. It can be easy to end up chasing others' ideas of success, or to become directionless without a clear vision of who we want to be. Consider the following questions to develop your own definition of success for your life. What are two or three key values for you? What three things would you want people to say about you at your retirement party? How would you spend your time if you no longer needed to work for money? What matters most to you? How do you define success for your life?
  2. Make Sure Your Goals Are SMART: SMART goals are Specific, Measurable, Achievable, Relevant, and Time-bound. This framework provides a set of criteria for goal setting that ensures clarity and accountability. Specific: Define goals clearly and precisely. The more specific the goal, the easier it is to understand and work towards. Measurable: Set concrete metrics to track progress. Measurement adds objectivity to the process and enables you to assess whether the goal has been achieved. Achievable: Goals should be challenging yet realistic. Ensure that the goal can be accomplished with the available resources and effort. Also make sure there is an achievement point - a moment when you can say that the goal has been completed. Relevant: Goals should be relevant to the individual, team, or organisation's current needs and priorities. Time-bound: Set a clear timeframe for achieving the goal. This adds urgency and prevents goals from dragging on indefinitely.
  3. Set Goals Across Different Time Horizons: Goal Orientation involves regularly setting goals to work towards that align with your vision of success. Sometimes we can set goals that are either so far into the future that they seem impossible, or so close to where we already are that they're not worth pursuing. A helpful approach is to break long term goals into smaller goals across different time horizons. Experiment with setting goals on the following time horizons: 10 years plus, 5 years, 1 to 2 years, 3 to 4 months, 1 month, 1 week. You can keep these goals in a note that's easy to edit and update. Your shorter term goals should be contributing towards your longer term goals and objectives.
  4. Review Progress and Refine Goals: It's easy to set a goal and then fail to review your progress. Ensure you regularly review your goals. Set times up in your calendar to review your progress. Also be open to refining your goals. Just as your vision of success may change over time, so too might your goals. If a goal doesn't matter to you any more, it's okay to delete it and set a new goal.

Why not pick one of these to practice over the coming week? In the next episode we are going to explore Optimistic Outlook. Have a great week as you become an even better leader.

 

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