Get ‘SMART’ About Goals

April 1, 2014 09:21 PM
Get ‘SMART’ About Goals

Goals are only dreams until you act

For most families, their goals for succession will fall into the following three broad areas:

1. Maintaining and transitioning a viable operation.

2. Preparing the next generation for leadership roles.

3. Enhancing the family’s long-term financial security.

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Goals should be written "SMART"—meaning specific, measurable, actionable, relevant and time-bound.

Most people who suffer bouts of indecision and frustration are handicapped by a lack of vision. If you know exactly what you want, decisions are easy.

The objective is either met or not. If not, how close did you come? Will more effort get you there? How much harder should you try?

Nothing happens until someone takes action. A person can wish, hope and want all day long, but the only way to accomplish a goal is to take action.

The decisions you make and the actions you take determine your success in reaching a goal.

Without a deadline, nothing would ever be finished. Time serves two functions: There must be a sufficient amount to ensure a successful outcome but not so much available that it fosters procrastination.

Set goals and then take the action necessary to achieve your vision of what’s best for everyone. 

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