?? The Power of Stretch Goals -
Megha Agarwal
CMO Table Space | Ex WeWork India | Ex Unilever | Realty+ Women Achiever in Marketing | SuperWomen Class of 23, Social Samosa | D&B Marketing Mavericks 2024 | Linkedin Top Voice
?? Why Stretch Goals Matter ??
Goals are the guiding stars that lead us to success. But there's something particularly special about "stretch goals." These are the goals that push us to go beyond what we think is possible. But stretch goals for the sake of creating audacious goals is foolhardy - stretch goals work best for companies who have the resources but are complacent or have the right strategy and people but lack of resources - both are fixable to achieve exponential growth with the right vision. A great example of when stretch goals dont work - when created for the sake of creation is Yahoo!
Here's why Stretch Goals in general matter:
?? 1. Breakthrough Innovation: Stretch goals force us to think outside the box, spurring innovation and creative problem-solving.
?? 2. Greater Achievements: They drive us to aim higher and accomplish more than we initially believed was attainable.
?? 3. Motivation and Commitment: The challenge of a stretch goal ignites motivation and commitment within teams and individuals.
?? 4. Expanding Horizons: They push boundaries, encouraging growth and learning beyond our comfort zones.
?? 5. Overcoming Complacency: Stretch goals combat complacency by instilling a sense of urgency and constant improvement.
?? How to Embrace Stretch Goals ??
Creating stretch goals is one thing, but making them a reality is another. Here's how to embrace them effectively:
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?? 1. Define the Vision: Clearly articulate the bigger picture and why it's worth pursuing.
?? 2. Be Specific: Make your goals specific, measurable, and time-bound (SMART).
??? 3. Encourage Collaboration: Involve your team in the goal-setting process. Their insights are invaluable.
?? 4. Break It Down: Divide stretch goals into manageable milestones. Progress builds momentum.
?? 5. Expect Setbacks: Understand that stretch goals may involve setbacks, but these setbacks are opportunities to learn and adapt.
?? 6. Monitor Progress: Regularly track progress and celebrate even small victories along the way.
?? 7. Stay Adaptable: Be flexible and adapt your approach as you learn and grow on the journey.
?? Aim High, Soar Higher! ??
Stretch goals challenge us, inspire us, and lead us to extraordinary achievements. They're the catalysts for personal and professional growth, innovation, and transformation.
?? What's the most memorable stretch goal you've accomplished or been a part of? Share your experiences and insights in the comments below! ??
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