Answer to Question #200576 in Management for Tariq

Question

Q 4: Set a goal for your future career you want to pursue while keeping in mind the steps in the setting of goals. 

 

Answer 1

The goal is that I want to be a finance manager in the next five years.

Goal Setting Steps

1.     Write Down the Goals

Writing down the goal gives it additional force. The goal should also be masterful and that is measurable, achievable, specific, time based, energizing and relevant. Being a finance manager in five years is a masterful goal

2.     Determine How to Measure the Goal

A goal should have a measurable end point that is easily measurable. The finance manager position will be achieved by assisting the current finance manager as an initiative to know on how the position and the work involved and also continuous learning.

3.     Establish the Deadline for Achieving The Goal

Establishing a realistic timeline for achieving the goal adds motivation (Ford, 2017). The finance manager position should be achieved within five years.

4.     Identify the Obstacles That will Hinder the Achievement of the Goal

The obstacles can be in the form of skills, resources and knowledge and in the case of the finance manager it will be skills and knowledge.

 

5.     Identify How to Overcome the Obstacles

For the knowledge it will require having a masters degree which will require me to go back to university and get a masters degree within two years. For the skills I will have to learn on the job through training and taking up extra work.

6.     Review the Goals

The goal shall be reviewed after every year to ensure that it is reasonable.

7.     Monitoring Goals

The goal shall be monitored by ensuring that am helping the current manager when he is overwhelmed and getting a masters degree.

Reference

Ford, R.C., 2017. Combining performance, learning, and behavioral goals to match job with person: Three steps to enhance employee performance with goal setting. Business Horizons, 60(3), pp.345-352.