The Danger Of Too Many Stretch Goals

When I create my to-do lists
for every day,
I have one or two tough tasks
and six or seven easy tasks.
The easy tasks buoy my spirits
and give me a sense of accomplishment.
That allows me
to have the energy
to tackle the tough tasks.

That should be how
you set your company goals.

Sanjiv Anand,
the Chairman of
Cedar Management
Consulting International,
shares

“Organizations often make
the following mistakes in setting targets:
either they only focus on financial targets,
or they tend to set too many aggressive targets.

If one looks at an organization’s strategy,
one will find in an average year
that out of the 20-25 key targets to set,
only 4 or 5 need to be aspirational;
the rest can be realistic and easy.

Too many stretch targets
break an organization’s back
and results in an accelerated depletion
of its people, financial
and other resources,
with no real guarantees of benefits.”

Only set a few stretch goals.
Make the rest easy to accomplish.