Question

In this assignment, you will develop a more personalized understanding of the Balanced Scorecard concept and see how your vision and mission can be linked to your goals and objectives. Using the S-M-A-R-T tools in section 6.7 of Chapter 6 in the text, create your own list of goals and objectives.
Create 4 to 5 S-M-A-R-T goals and objectives and demonstrate how they link to your Strategy Diamond and personal vision and mission statements.

Be sure that your Learning Journal entry is a minimum of 500 words.

Answer 1

Answer: The answer is provided below.

Explanation:

The following are my SMART goals:-

Specific

1. I want to be physically fit within 5 months so as to be able to run a marathon in less than 2 hours.

2. I want to become a head of department in my current organization from my current position as a junior staff within the next 4 years in order to be able lead a team.

3. I want to become an amazing and better husband to my wife through spending more quality time with her.

4. I want to become a better father to my children by spending time with them and helping them with their school works.

Measurable

1. I would start my training from the following week. I would begin by running 3 to 5 kilometers with walk breaks.

2. I would talk to my boss next week and request for more responsibilities and also to ask him the requirements neccesary to get promoted.

3. I would come back from office early and spend time with my wife.

4. I would come early from work and spend my weekends together with my children.

Attainable

1. I will talk to other marathoners to know whether my goal is attainable and will also research about it.

2. I will talk to my colleagues whom are head of departments about how they were promoted.

3. I will talk to other husbands that are successful.

4. I will talk to other dads to know whether my goal is attainable.

Realistic

When I start measuring my progress weekly and getting a feedback from people whom I admire, then I would know how realistic my goals are.

Timely

I have given a time frame for the attainment of all these goals which is very vital.

For implementing these goals, I m going to use the Plan-Do-Act-Dare cycle.

Since my objective is to become a well rounded person in my personal and also my professional life, the above steps will surely help me in becoming that person.

The strategy diamond will consist of:-

1. Arenas- Professional and Personal

2. Vehicles- Focus and hard work

3. Differentiation- Being different and unique from others.

4. Staging- Speed of initiatives

There should also be an economic logic that is binding this.