Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my...

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Goals Matter, Outcome Counts! Add a Personal flavour to Professional goals to boost business outcomes #mySPAMgoal © Balaji Palanidurai 1 July 2019

Transcript of Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my...

Page 1: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

Goals Matter, Outcome Counts!

Add a Personal flavour to Professional goals to boost business outcomes

#mySPAMgoal

© Balaji Palanidurai 1 July 2019

Page 2: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

Balaji Palanidurai

https://www.linkedin.com/in/bpalanidurai/

https://keatsbaladasan.blogspot.in/

Happy2bmyself @balaji_chn74

© Balaji Palanidurai 2 July 2019

Partner & Growth Consultant

A niche marketing and strategy consulting firm helping brands discover its Alter Narratives and enabling future leaders to elevate their creative and innovation capabilities.

VP, Strategy & Growth

Advisor to Kaidoko, a NASSCOMM incubated startup developing an adaptive, individualized learning and development assistant for the Indian Schooling System.

…and the previous 23 years

Senior Director

in Insights and Data

global service line

Management

Consultant specializing

in Digital Transformation

(UK based)

Product Development

& Consulting

Page 3: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured framework (e.g. SMART) to set goals and objectives? a). Agree b). May be c). Disagree

July 2019 © Balaji Palanidurai 3

Opinion Poll - I

Page 4: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

July 2019 © Balaji Palanidurai 4

Page 5: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

Now, let’s deal with the SMART dilemma!

July 2019 © Balaji Palanidurai 5

PC: tweakyourbiz.com

Page 6: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

July 2019 © Balaji Palanidurai 6

The SMART method helps push you further, gives you a

sense of direction, and helps you organize and define

your goals.

SMART goal, once defined, helps

focus your efforts and increase the chances of achieving

it.

It certainly makes you to think smarter and…

Page 7: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

…that’s Q1 gone!!!

Does it help cultivate intrinsic motivation to pursue those

goals?

July 2019 © Balaji Palanidurai 7

PC: Synergita

Page 8: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

Our new Challenges in employee engagement ?

1. Possible misalignment of

Values (of employees vs

company)

1 2

3

4

2. Uncertainty of Growth &

benefits (living at the mercy of

bell curve)

4. Lack of Autonomy

(and happiness, the new mantra!)

3. Failure to tap Innate Potential

(and personal aspirations)

© Balaji Palanidurai 8 July 2019

PC: Synergita

Page 9: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

July 2019 © Balaji Palanidurai 9

PC: mindvalley.com

Page 10: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

Opinion Poll - II

June 2019 © Balaji Palanidurai 10

3. I am happy with what I have achieved in life, so

far

a). Agree b). May be c). Disagree

4. I would like to SPAM the world about my

achievement / aspiration

a). Agree b). May be c). Disagree

Page 11: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

So, let’s make it personal!

July 2019 © Balaji Palanidurai 11

Page 12: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

Emerging strategies redefining employee engagements

July 2019 © Balaji Palanidurai 12

Andre Lavoie points out in a column for Entrepreneur magazine, performance and engagement are intrinsically related.

Page 13: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

They are great for start-up ecosystem and smaller companies. Will it work for large organizations? Is mostly given as reward for high performers. What about the rest? We need something practical and scalable, relatively inexpensive, employee driven and that can be applied bottom up….

July 2019 © Balaji Palanidurai 13

Organizations (early adopters) have started reaping benefits

Page 14: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

Complement professional goals with a “ SPAM ” goal that impact individuals` personal growth

• Simple hobby/interest that inspires the individual

• Personal to the individuals` life and growth

• Applicable either directly or indirectly to their role

• Meaningful in the real world

© Balaji Palanidurai 14 July 2019

A scalable bottom-up framework for personal growth

Page 15: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

July 2019 © Balaji Palanidurai 15

SPAM goal of some leaders I look up to…

“To be a teacher. And to be

known for inspiring my students to

be more than they thought they

could be.”

- OPRAH WINFREY,

FOUNDER OF OWN, THE

OPRAH WINFREY NETWORK

“Running opens the windows of

my mind... you may call me a long-

distance thinker”. He is also an

avid photographer, music aficionado

- N CHANDRASEKARAN

CHAIRMAN, TATA SONS

“To have fun in [my] journey through

life and learn from [my] mistakes.”

He is known for his adventure

activities!

- SIR RICHARD BRANSON

FOUNDER OF THE

VIRGIN GROUP

Page 16: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

How does this benefit the organization?

July 2019 © Balaji Palanidurai 16

• SPAM is a ‘zero’ investment employee engagement programme

• Employees get the freedom to pursue

an interest that will count towards their performance

• Managers/Supervisors feel empowered to know their team better

• Creates a culture of collaboration, critical thinking and creativity

Does my supervisor care about me as a person?

Page 17: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

How can SPAM help personal growth and business goals?

Complementary Skill

New/Alternate Career Path

Hobby/Interest Secondary source of income

SIMPLE

SOPHISTICATION

MEANINGFUL MONITIZABLE

Time/Maturity

Expert

ise

If the goals continues to be

Personal and Applicable...

…a Simple and Meaningful

goal can become Sophisticated

and Monetizable!

© Balaji Palanidurai 17 July 2019

Page 18: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

So, what’s your SPAM goal?

July 2019 © Balaji Palanidurai 18

Page 19: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

July 2019 © Balaji Palanidurai 19

5. Change is beautiful & I am open to new ideas

a). Agree b). May be c). Disagree 6. India’s economy will double to $5 Trillion by 2024 a). Agree b). May be c). Disagree

Opinion Poll - III

Page 20: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

Can SPAM work and be effective?

July 2019 © Balaji Palanidurai 20

PC: GNARLYMUG.COM

Page 21: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

My SPAM Story …

July 2019 © Balaji Palanidurai 21

SIMPLE

SOPHISTICATION

MEANINGFUL Expertise over time

If a goal continues to be Personal and

Applicable

a Simple and Meaningful goal

can become Sophisticated and

Monetizable!

2017 Future

Happiness Ambassador

Personal Blogs & Poetry

Professional Blogs & Coach

Growth Consultant

MONITIZABLE

Speaking Engagements

Pro-bono Consulting

Start-up Advisor

“Success is your ability to let go and harness happiness in the end”

– from my poem “beauty of happiness”

Page 22: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

New/Alternate Career Path

Hobby/Interest

Secondary source of income

Complementary Skill

SIMPLE

SOPHISTICATION

MEANINGFUL MONITIZABLE

Exp

erti

se

SPAM Stories from our neighbourhood!

July 2019 © Balaji Palanidurai 22

Jyothi Chamoli (volunteering)

Chandresh Thakar

(Author of Project

Management & Spirituality)

Clement Rajaratnam (heritage inspired)

Sandhya Aravind (ChapterTwo Coaching)

Neha Jha (creative writing)

Sunil Singh (IAS coaching in unacademy)

Chandra Duraiswamy (blogging for social causes)

Anish Batra

(music band)

Source: LinkedIn and Professional network

Time/Maturity

Page 23: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

To summarize…

• Engage with your employees vision to design the future of work

• Empathize with employees personal aspiration and incorporate them as formal goals - #mySPAMgoal

• Empower your managers with a culture of coaching and experiential learning

• Reward small success - both professional and personal

© Balaji Palanidurai 23 July 2019

SMART directs, SPAM

enables!

Goals

matter,

Outcome

counts!

Page 24: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

July 2019 © Balaji Palanidurai 24

Q & A

Page 25: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

Supporting material

July 2019 © Balaji Palanidurai 25

Page 26: Goals Matter, Outcome Counts matter_ Outcome counts.pdf1. My company/supervisor invests in my professional & personal growth a). Agree b). May be c). Disagree 2. I use a structured

Let’s see a few examples

Role SMART Goal Personal

interest/hobbies

Potential SPAM Goal

Fresher

Junior Role

Team Lead

Manager

Senior Manger e.g. Develop $50m

pipeline for Data &

Analytics in SE Asia

for 2020-21

Creative writing (3),

Wildlife (na), Chola

Dynasty Kings (4), Travel

(na)

Publish an article on global

intranet/conduct a knowledge

share session about Chola kings

and their expeditions to SE Asia!

Director & above

© Balaji Palanidurai 26 July 2019