Effective goal setting for a rewarding year ahead

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Effective goal setting for a rewarding year ahead

Reflecting as the year ends and a new one begins is something that many of us do. We assess what went right, what wasn’t so great, what worked, what didn’t work and so on. What will you do differently next year, and what brought fulfilment to your year?

For many, it wasn’t quite the year they had in mind. However, taking the time to reassess and set some realistic goals can be an effective way of moving forward in a positive way. Now is the perfect time to start setting yourself up for success in the New Year.

Reasons why we set goals

New year’s resolutions, fitness targets, savings plans — as human beings, goal setting seems to come naturally to many of us.

We can set goals for a range of reasons, and it’s usually a combination of these:

  • Finding motivation
  • Improving your current situation
  • Getting through your ‘wish list’ or ‘to do list’ in life
  • Helping get to your next step
  • Keeping yourself accountable

The SMART approach to goal setting

Of course, it’s one thing to set goals, but what can we do to help ourselves actually achieve them? You can approach goal setting in many ways — think of it personally, stick a note on your bathroom mirror, post it publicly to social media, team up with a friend. It’s important to find an approach that best suits you and seems to help you get the results you are striving for.

One particular approach that is highly regarded to improve your chance at succeeding in reaching your goals is taking the SMART approach. To be clear, that is an acronym, with SMART standing for specific, measurable, achievable, relevant and time-bound. Let’s take a closer look at each of these:

  • Specific: What do you want to accomplish and what needs to be done?
  • Measurable: How will you track your progress on achieving this goal?
  • Achievable: Know what is required to achieve the goal and be sure that it can be done based on any potential constraints.
  • Relevant: Is it worthwhile, is this the right time and what will I get from accomplishing it?
  • Time-bound: Work toward a deadline. When do you want to complete this goal and what mini-deadlines will help create a feasible timeline to get there.

Whether you want to run 5 kilometres in a certain time frame, or you are aiming to learn to play a song on guitar, using the SMART methodology is an excellent way to frame your goal setting.

The value of goal setting to fulfil potential

When we set goals, we are demonstrating hope for the future. We are foreshadowing a better version of ourselves and a journey of growth that we are excited for. As well as motivating us to get from where we are to where we want to be, goals can also contribute to improved mental health and wellbeing.

You can use the power of goal setting in a variety of settings each with unique outcomes. You might apply goals to your career, education, finances, family, physical health, mental health, creative endeavours, public service, relationships and more.

The combination of goal setting mobilising us to take action and improving our performance as we strive to achieve the goals can increase our ability to reach our potential and lead a fulfilling life where we continually move forward.

We’re here to support you in achieving your goals

If you’ve been considering where you are now and where you want to be, it’s possible that you are thinking about a new career path, ways to improve your business or how to better support those around you.

From new careers to upskilling workforces and training entire teams, Catalyst’s registered training organisations can support your journey and help you start making those goals a reality