I found some statistics online about the success rate of goal setting and accountability systems. The actual quote from Kansas Association of Colleges and Employers is:
“The probability of completing a goal if:
- You have an idea or a
- You consciously decide
you will do it: 25%
- You decide when you
will do it: 40%
- You plan how you will do
- You commit to someone you
will do it: 65%
- You have a specific
accountability appointment with a person you’ve committed to: 95%”
Every year in business we ponder our annual
goals: revenue; productivity; sales; sales conversion; health; number of
clients; and so on. Being the strategic thinkers that we are, we write our plan
down, think it through, calculate and shift how each activity will move us
forward towards our vision. We are
excited, energized, driven….
And then as the year unfolds, we lose momentum
and focus. Those goals we set for
ourselves with good intent fall to side as we retreating back into daily
operational issues. And in doing so, we become less excited, energized, and
motivated. The result, we only achieve
50% of what we set out to do.
What would happen if we actually took those
goals and strategic objectives one step further and shared them with someone
else, particularly someone who would hold you accountable. What if you set you
intent more clearly? How would this change your results?
Let’s say the statistics above do hold
- Wouldn’t you rather be
65% successful by just sharing your goals with another person?
- How hard would it be to
elevate your success to 95% by being part of an accountability partnership or a
mastermind group that meets regularly?
That’s a 30% improvement! All due to setting
up a regular accountability meeting, breaking your goals down into chunks,
laying out a plan of action, and committing to holding each other accountable.
It’s not rocket science. Yet, only a small percentage of leaders set these
systems in place. Will you be one?