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Unlocking Success: The Power of SMART Goals & the 1% Compound Effect

Have you managed to put in some work to those goals you set up earlier in the year? Were they SMART goals or just jotted down thoughts?


With Easter already around the corner, it's remarkable how swiftly this year is passing by. With each passing day, the importance of setting achievable goals becomes increasingly evident. Whether it's personal growth, career development, or business success, effective goal setting lays the foundation for realising our aspirations. In this week's blog, we want to remind you of the significance of setting SMART goals and tell you about the motivational power of the 1% compound effect.


team meeting with 4 women

Setting SMART Goals


Effective goal setting begins with clarity and specificity. This is where the SMART framework comes into play. SMART goals are:


  1. Specific: Clearly defined and focused.

  2. Measurable: Quantifiable, allowing progress tracking.

  3. Achievable: Realistic and attainable within the given resources and constraints.

  4. Relevant: Aligned with broader objectives and personal values.

  5. Time-bound: Have a deadline or timeframe for completion.


When we set SMART goals, we provide ourselves with a roadmap for success. Instead of vague aspirations, we establish concrete targets that guide our actions and measure our progress.



Creating Actionable Plans


Setting goals is just the first step; the real work lies in crafting actionable plans to achieve them. Break down each goal into smaller, manageable tasks and prioritise them based on urgency and importance. By taking consistent, focused action, we inch closer to our objectives each day.


April presents an opportune moment to revisit our goals for the year and recalibrate as necessary. No goal is too small or insignificant. Even the smallest steps forward contribute to our overall progress.


The 1% Compound Effect

Once you have set the SMART goals, sometimes they can look dauting. Worry not, there is a way around those pesky feelings of "I am not good enough" and "How will I achieve these?"

You might have heard of the 1% Compound Effect book by Darren Hardy. If not, what about Steven Bartlett? Bartlett is the host of the number 1 Podcast in Europe, The Diary of a CEO, and he has been banging on about this effect in his book, business talks and posts. The idea is simple yet profound: strive to improve by just 1% each day, and over time, these incremental gains compound into remarkable achievements.


Imagine a snowball rolling down a hill, gathering momentum with each turn. Similarly, our efforts, no matter how modest, accumulate over time, propelling us towards our aspirations. By embracing the 1% compound effect, we cultivate a mindset of continuous improvement and resilience.



As we move forward this year, let's harness the power of effective goal setting and the 1% compound effect to chart our course towards success. Let the small Easter break be a catalyst for renewed focus and determination. By setting SMART goals, creating actionable plans, and embracing the principle of incremental progress, we lay the groundwork for realising our dreams. Remember, every step forward, no matter how small, brings us closer to the summit of achievement. So, let's seize the moment, embrace the journey, and unlock our full potential.


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Priority Management is a worldwide training company with 55 offices in 15 countries. We have successfully trained more than two million graduates in Priority workshops. Our programs help companies and people be more effective and manage their workflow in and out of the office by providing tools, processes and discipline. Simply put - A Better Way To Work! Clients range from Fortune 500 companies, small-to-medium businesses and government/military employees. Click Here to view all our courses.


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