Locke & Latham’s Goal Setting Theory
Dr. Locke and Dr. Latham joint published “A Theory of Goal Setting and Task Performance” in 1990. Their book reinforced the importance of setting specific and difficult goals. It concluded that there were five fundamental principles that lie behind effective goal setting. Moreover, the degree to which these five principles are present in a goal is directly linked to the achievement of that goal.
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1. Understand the five goal setting principles
2. Consider how your business sets out its Long Term Goals
3. Use the following template to define departmental business objectives in relation to the long term business goals.
4. Monitor the business objectives on a regular basis to ensure appropriate action is being evaluated
Please do share your experiences with these models in the comments below. I am building a portfolio of small business case studies and would love to include examples of what has worked well for you.
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