Poll results: Who sets the goals and targets in your organization?
Here are the results of the poll in Newsletter #18
Who sets the goals and targets in your organization?
7,8% (Absolutely no idea)
56,3% (They cascade top down from senior management}
24,2% (Goals are defined and co-created on team level)
11,7% (Every employee sets their own targets to achieve)
Total votes: 233
Well, a little disappointing to see most targets are still set by senior management. Research on target setting tells us this is not only ignorant but also harmful to the performance of the organization. Setting targets without involving employees who have to achieve them, will leave them underwhelmed and disengaged.
To create true engagement, ownership and accountability, the focus should be on stripping power away from a boss and giving your teams an opportunity to set their own goals. People will be much more invested if they’ve had a greater input in what they need to achieve.
Do you have any tips or experience setting your own targets? Feel free to share them in the comments!
Find some more info in this old blog The Science Of Target Setting (And How Most Companies Get It Wrong): https://corporate-rebels.com/target-setting/
Do you want to cast your vote in our next poll? Subscribe to our newsletter here: https://corporate-rebels.com/newsletter
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Earlier this year, I wrote about VkusVill, the Russian supermarket chain that is reinventing the retail industry. The Russian pioneer proves that you can rapidly scale a profitable chain of retail shops by letting frontline employees make all the important decisions. They do this with impressive results; the company is not only growing rapidly (CAGR 40%), it also manages to keep bureaucracy and hierarchy to a minimum, as upper management accounts for less than 10% of the total payroll.
Today marks an important day in Corporate Rebels’ vaunted history: We're embarking on a new adventure to radically shake up the world of work. How? We're launching a new company together with some of the most inspiring workplace pioneers in the world.