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2023 State of Goal Setting Report
The process of setting goals in a systematic way before managing and sharing progress is the nucleus for organizational accomplishment. Goals are created to define and attain success, but they are only useful when they are documented clearly and referred to regularly. In December 2022, Microsoft commissioned Forrester Consulting to examine the goal setting and management process within enterprise-sized companies globally, to understand the role that clear goal setting and management frameworks and outcomes play in business success and employee experience (EX). Download your complimentary copy of the Forrester report to explore key findings.
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Practitioners frequently feel disconnected from their company's goals because only 39% of them fully understand these goals. While 78% understand their personal goals and 63% grasp their team goals, the lack of clarity regarding company objectives can lead to feelings of disconnection and a lack of motivation.
Importance of Goal Management
Practitioners want more frequent updates on their goal progress. They expressed a desire for better ongoing goal management and visibility, indicating that a 'set it and forget it' approach is insufficient for maintaining motivation and alignment with company objectives.
Role of Leadership in Goal Setting
Executive involvement is crucial in the goal-setting process, with 91% of directors believing that executive sponsorship in setting or tracking goals is important. This involvement helps ensure that goals are clearly communicated and aligned with the organization's strategic objectives.
2023 State of Goal Setting Report
published by Innovative Technology Solutions
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