How important is it to you that you hit your financial target?
Author: Russell SmithApril 27, 2013
If you have a look around Amazon or a bookstore in the business/self improvement section, you will find lots and lots of books on goal setting.
Goal setting is a skill, no doubt about it. But goal setting is the easy bit. Its the managing of the goal which is the really, really hard bit. Setting a target – fine, sure – you have to make it SMART (Specific, Measurable, Achievable, Realistic, Time-frame) but you’ll be able to do this after a bit of practice.
Its the part that comes after……making it happen.
When it comes down to it – the crucial part of setting targets is, what are you prepared to do to make it happen. Yes – you want to hit your financial targets but ‘want’ is often not enough. Be honest with yourself, how attached to your financial target? Will you sweat blood and tears to make it happen or give up after a few hurdles.
By the way, if this is coming across as some kind of inspirational pep-talk then I am not being clear. I’m an accountant. If you set a financial target you have to be 100% committed to seeing it achieved. Otherwise, you are just wasting time for yourself, your team and your shareholders.