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How to make good decisions
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Before we dive into the art of high-impact goal setting, we need to first have a clear understanding of why we’re setting our goals in the first place.
Defining the intention (i.e. the why) behind our goals is incredibly important because it creates a moment to ensure they’re aligned with our values and centered around our personal development.
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The Five Whys is a simple and effective technique for root cause analysis that was developed by famous Japanese inventor Sakichi Toyoda and is frequently referenced in the Six Sigma curriculum. The exercise involves defining a problem and then questioning it repeatedly in order to uncover what’s driving it at its core.
Asking why five times provides the root cause of our goal or desire.
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With our “why” defined, we now have a solid foundation to establish “what” our goals will actually be.
You can follow the SMART Method, an approach that’s commonly attributed to Peter Drucker’s Management by Objectives concept.
Your goal should be:
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Now that we’ve defined the parameters of the SMART framework, let’s see how powerful it can be at creating more clear and actionable goals.
Low quality goal: I want to make more money.
High quality goal: I want to earn an additional $1,000 in supplemental revenue through Medium’s partner program by the end of this year
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We’ve now tackled “the why” and “the what” behind our goals which means we can officially move onto “the how”.
You can have the most actionable, measurable goals on the planet, but none of that matters if we don’t actually follow through with them.
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One can set the metric of accountability by establishing OKRs(Objectives and Key Results) that are directly related to the goals.
The benefit of doing so is that it keeps you accountable and provides you with quantifiable targets that you can measure your progress against.
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