Strategic Goal Setting the Lynchpin in Any Business Planning Process

Are you faced with strategic plans that are notthe lynch pin for any business. If so, you are
executed or poorly executed? If so, maybe youabsolutely 1000% correct.
have been focusing far too much on your vision orUnfortunately, many individuals involved in business
values and not enough on the actual process ofplanning including those sometimes very expensive
strategic goal setting.outside consultants to executive coaches are truly
Strategic goal setting is different than what mostclueless about the importance of strategic goal
people believe when speaking of goal setting. Thesetting. The reason is that the goals are secondary in
first difference is the word strategic. From its earliesttheir opinion to the overall strategic planning process.
origins, strategy literally means to out think andWhat is more important to these knowledgeable
deceive the enemy. For this to happens means therefolks are the vision, values and mission statements as
must exist an overall plan where each goal is alignedwell as creating a sense of collaboration. And this is a
that plan.serious thinking flaw.
The second difference evolves from the thoughtWith execution being one of the major problems
process of thinking. This process of higher orderfacing many businesses, this suggests the step by
thinking should include these steps:step process that being goal setting is not being
Why it is important to achieve this goal? During thisincluded within the overall planning process. Yes the
step, both the gains, pluses or rewards need to becore foundational statements are important however
clearly articulated. Then the pains, minuses orif the desired results are not achieved then these
consequences also need to be identified. This stepstatements have lost their importance. This may help
creates and further develops the emotionalto explain while many of the vision, values and
connection between the individual and the successfulmission documents become part of a mindless
achievement of the desired result.repetition from the C-Level executives to the
Next comes more time thinking about all the potentialfrontline workers.
obstacles keeping the goal from being achieved.When strategic goal setting is infused within the
These challenges must be past ones that are knownoverall business planning process, it truly becomes the
as well as unknown ones that may happen.lynch pin for achieving the desired results. So if you
Finally, it is necessary to brain storm about all thehave failed in the past to achieve your goals,
potential solutions to overcome each obstacle. Byconsider changing how you think about them and you
now you are probably beginning to understand thatmay just be surprised by the results you receive.
this approach is time intensive and how this is truly