Demystifying the myth of Goal Management and Goal Setting

Firstly, what is Goal Management?
Goal management is a process that helps you to identify and achieve your goals. It is an important part of strategic planning and it can help you to make better decisions.

Goal management helps you to break down large goals into smaller, more manageable steps. You will be able to see how far you have progressed towards your goal and what steps need to be taken next. Goal management also helps with motivation as it allows you to see the progress that has been made so far. When goals are reached, they provide a sense of accomplishment and a benchmark for progress.

Goal management can be difficult for individuals who have issues with goal setting, especially when they have goals that have not been met. In addition, goal management can be difficult when there are no clear goal statements.

There are many different ways to set goals. One of the most popular methods is SMART Goal Setting.

SMART is an acronym for Specific, Measurable, Attainable, Realistic and Time-bound. These five components ensure that your goal is achievable and will provide motivation to work towards it.

When goals are set, they provide a clear direction for what needs to be done and when it needs to be done. When they are reached, they provide a sense of accomplishment and a benchmark for progress.

Is Resource Management/ Planning one of your companies pain points?

If so, read the below as we have identified four common problems and how to solve them.

Firstly, what is Resource Management / Planning?
It is the step in writing a business plan where you identify all the resources in a proposed project. It sounds simple enough. But coming up with a summary to manage your workload needs to be comprehensive to make sure all the resources that you need to complete the project are clearly identified. Resources can be anything from equipment to project sites to people.

Common Problems:

1. Manual data entry eats up your time
A project resource software that automates manual tasks, reduces the likelihood of mistakes and freeing up staff for other tasks. This could result in a more streamlined and productive workforce.

2. Stand-alone software systems slows you down
As the business grows, stand-alone systems paint an increasingly inaccurate picture of the company’s resources. This can be a drain on employee productivity and lead to a time-lag in producing accurate performance data.

3. Efficiency suffering due to poor communication
Ineffective communication between employees and departments can lead to resource planning problems that affect your business’s bottom line. This could result in the late delivery of projects and unproductive employees.

4. Projects are competing for resources
Most companies rarely have sufficient resources to staff all projects concurrently. The result is that projects effectively compete against each other, with resources assigned to a number of projects at the same time. This can cause bottlenecks, particularly where specialist skills are in high demand.