What do you know about Light Amplification by Stimulated Emission of Radiation? Well that fancy-schmancy physics term is more commonly known by the acronym - LASER.
Metaphorically speaking, laser beams and organization-centric goal management (and there's no acronym for that!) are amazingly similar.
Picture how a laser beam works:
When all the light waves from a given source come together so that that they're all in phase, we end up with (you guessed it) a laser beam. And when you focus that beam on a given target, the results can be remarkable.
In fact, the concentrated light waves are powerful enough to cut through a thick piece of metal like it's a pound of butter.
In the work world, when every employee in a company concentrates his or her time and energy on organizational goals (i.e. goal alignment), it's easier to "cut through" the challenges and obstacles that stand in the way of success.
Yes, just like a laser beam.
Why is Goal Management So Important?
With organization-centric goal management employees throughout the entire company align their individual goals with the organizational goals they support. This alignment is critical to effective goal management since it ties every employee's goals to the organization's overall strategy, not just to his or her manager's success.
In the research report Strategic HR and Talent Management: Predictions for 2012 (PDF), Josh Bersin of Bersin & Associates discusses how organizations that regularly revisit their goals dramatically outperform those organizations that create annual cascading-goal programs.
Without strong goal alignment, employees can still achieve their individual goals. However this individual success doesn't necessarily contribute to the success of the organization as a whole. And this lack of alignment can spell failure for an organization.
Goal Management is an On-going Activity
Goal management requires regular continuous dialogue between managers and employees to ensure individual and organizational performance stay on track. These performance discussions allow everyone to adjust their goals as needed to keep pace with evolving business and market requirements.
You might think effective goal management is only important for aligning priorities in larger organizations, but not so. It can also have a dramatic impact in smaller ones, too.
Does your company use an organization-centric goal management process or are you relying on a cascading-goal program? If you're not sure or could use a little more clarification on goal management best practices, take a moment to visit the Goal Management Center of Excellence.
It's a fantastic one-stop resource offering expert articles, white papers, success stories and archived webinars related to goal management. These resources can help you define a goal management strategy to ensure your workforce is aligned, inspired and delivering exceptional results.