The Path to Success: How to Achieve the Goals and Overcome the Obstacles
There are many cases, when even successful businesses make serious mistakes, which cost them a lot, if not to say everything. A living example is the Target network. It is a well known business in the US market. Their vision was to integrate into the Canadian market. However, they failed. The reason is that they forgot that goals should be realistic, measurable, and time-bounded.
Such a neglection of business principles led them to devastating results. They tried to join one of the largest markets within the shortest terms without a proper plan. As they say, haste makes waste.
What can we learn from this case? The main point here is that you should thoroughly evaluate each stage of your plan to ensure that the mission is achievable, and the company has enough resources to fulfill all strategic goals. For this, it is highly recommended to develop a visual plan, so called roadmap. By visualizing your idea, you can easily break your strategy into clear steps, which will lead you to the ultimate destination. Moreover, you can share the document with the key stakeholders, who may add some suggestions or help with insights.
Try out Roadmap Planner to accomplish this task. This is a great solution for both C-level managers and PM’s that allows to view the whole picture at once. The app will help you to reflect all the necessary activities on the way to your business success, and accurately track their progress. We are pretty sure, with our productivity app, Target could succeed in joining Canadian market.
How a goal should look like to be perfect?
However, each goal that you want to reach should be SMART. By SMART we mean metrics that help to manage a process of setting strategic goals. Let’s have a closer look at five key metrics that will support you on the way to get winning results.
Specific – Clearly identify what exactly you need to achieve. Communicate with your team on your vision to get more insights, and involve more colleagues in a common cause.
Measurable – Define clear specifications for your goal, including timeframe, checkpoints, resources, etc. This will help you to plan necessary works to successfully reach the objective.
Attainable – You should specify the ways to reach your strategic goal, which should be realistic. Remember the Target case? They set a goal, arranged enough resources and good brand awareness. However, they failed, as they didn’t specify the realistic time frames, and the ways required to get to the final destination.
Relevant – Do some research on your market trends, specify your target audience, try to get their valuable feedback on the issues they are currently facing, and use this information to determine your added value.
Timely – Set deadlines for each stage of your plan. Now you can easily track the progress towards each milestone, and timely reallocate resources to reach success. Otherwise, you may find yourself in Target’s shoes.
With our Roadmap Planner, you can easily map all important points, showcase your vision to your team and partners, and be sure that all concerned parties are on the same page.
Obstacles which can derail your business
You may think that achieving goals is the only thing you should care about. However, there are a lot more important aspects to consider. For instance, obstacles that may arise on the road to success. They can be internal and external. By internal we mean something that comes from the inside of the company. Fail of equipment, low-performance of a team, lack of resources, even fear of failure, etc. – these are all internal obstacles that may be a bar to your company success.
External ones include activities of competitors, actions by partners, and market fluctuations. They may also affect your business. But, if you couple the planning process with a high-quality visualization of your strategy, most likely, you will seamlessly bypass all possible hurdles. Especially, if you are using a top-notch planning utility, like Roadmap Planner.
The ultimate tool
Actually, you can use spreadsheets, sticky notes, or notepads to set your strategic goals. However, it is quite difficult to track the progress of each required work, or instantly react to changing market conditions with these tools. Moreover, it will take a lot of time to find the data you need at the moment, as your ideas, comments from stakeholders, feedback from customers may appear in multiple tabs or pages.
With Roadmap Planner, you will easily avoid such inconveniences. The app offers an all-in-one solution for developing your strategy, setting goals, sharing or presenting your vision to all concerned parties, and tracking the progress of your works. As a result, you will improve the overall workflow of your team in the most convenient way.
Find yourself buried under the tons of paper, endless pages in spreadsheets, and never-ending nightmare of documents, which only heaven knows how to process? Then you desperately need Roadmap Planner. It will keep all important information on one page, making it easier to think about strategic targets and simplifying the team-work with managers and stakeholders.
Get a relief from your severe headache – how to set a clear goal and seamlessly reach it – with our Roadmap Planner. Download the app now, and put an end to mess with your planning process.