How to Coach Yourself and Others Essential Knowledge For Coaching | Page 73

Let's look at this more closely by evaluating this objective in terms of each of the 5 Easy Steps: STEP ONE - SPECIFIC - is this objective specific? Do we know WHAT we are looking at here? NO, we do not - our objective is too vague: we do not know how much we will have to save, nor what car we want to buy. Vague objectives are not inspiring. We have to be able to visualize our goal: see ourselves enjoying the success when the goal will be met. STEP TWO - MEASURABLE - Do we know HOW MUCH or HOW MANY? You may have a perfectly clear idea about the price of the car you want to buy and the amount of money you will have to save, but you omitted to write the numbers down. In three months from now, how will you know that you are on the good track? How will you know when an extra effort is required? STEP THREE - ACTION ORIENTATED - Does it describe a result? Again, the words "save" and “buy a car” are too vague I'm afraid. What do they really represent? How would you measure this? How could you know that you are actually saving enough? Can you find a better way to describe the result you are looking for? STEP FOUR - REALISTIC - Is this goal realistic and relevant to the business owner? Again, it doesn’t show from the description of your goal. How much are you earning? How much can you save? How will you spread your saving effort? How will you anticipate possible changes in earnings, expenses, price of the car, unexpected costs, …? In a smart goal you will have taken these elements into account, 951