Now Is the Time to Set Cascading Goals – Entrepreneur

Posted: October 20, 2019 at 9:17 am


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Starting at the highest levels, every company strives to set goals, whether yearly, quarterlyor monthly. But goals shouldnt stop at the top. With research indicating that only 14 percent of employees understand their companys strategy and direction, its clear that more is needed. For successful goal-setting, team activity should be aligned with the companys wider aims, and individual goalswith team ones. No matter the size of your business, keeping every employee aligned is essential, and your goal-setting practices will make all the difference.

Cascading goals are goals that flow from the top level down to the lowest, ensuring an alignment between overall strategy and execution. When carried out correctly, they ensure that everyday tasks and responsibilities at lower levels reflect overarching aims. They can be carried out either company-wide or team-wide, with goals flowing down from either the top level of an organization to the bottom, or from a manager to their reportees.

Cascading goals not only ensure that both teams and individual employees are striving towardsthe same ends, but also fostera sense of purpose across the board, regardless of one'sposition in the organizational hierarchy. Here are just a few of the benefits that come as a direct result of implementing cascading goals.

In addition to generally feeling part of something bigger, it can be very positive for lower-level employees to be aware of what their managers are working onand how that directly relates to their job functions. Cascading goals are a great way to boost this awareness and establish the link between manager and employees's job functions. They also encouragecollaboration and enableteam members to support each other duringongoing tasks and projects, makingit easier to provide meaningful, ongoing feedback and celebrate milestones reached as a team.

By setting cascading goals, you can ensure everyone is aware of the wider purpose surrounding their daily work. Its very motivating for people to see that they play an important role in the company and that they are contributing to its daily growth and success.

Nearly three-fourths of employees whose managers help them set performance goals are fully engaged at work. And with cascading goals ensuring that individuals performance goals link to the teams wider aims, theyre a great way to ensure that every employee is engaged.

While cascading goals are amazing to have in place, theyre not the easiest to set up. Depending on the size and structure of your organization, cascading goals will likely take some time to implement, but in the long run they will save you time and energy. Once the system is in place and employees are made aware of how their goals relate to wider team/company practices, it will make the performance-management process far easier and more streamlined.

If your organization is large, cross-department communication can be an issue when implementing new practices. Even if everyone understands how their goals connect to upper management and wider-company aims, things can get lost in translation across departments, with goals sometimes not supporting or conflicting with each other. In introductory meetings, its good practice to make everyone aware of department-wide goals, so that everyone sees the bigger picture.

There are two important steps when it comes to introducing cascading goals into your company. Firstly, determine how far down you want the goal to cascade and at what level. Once this is established, the next step is deciding the logistics; how exactly are you going to delegate goals and the associated responsibilities from the top down? Here are a few tips.

Related: The 7-Step Formula for Goal-Setting

Any kind of goal-implementing system is only as good as the goals being set. While cascading goals are an effective framework, its important to ensure that high-quality goals are being put in placeor all your efforts could go to waste.

It can be daunting for people to embrace change, especially if your teams goal-setting practices have been the same for some time. Thats why it's crucialto make sure everyone is on board and fully understands the process and benefits. When introducing cascading goals, its good practice to hold team-wide meetings to explain how things will work and give people an opportunity to ask any questions they may have.

Its worth mentioning that while cascading goals are great in terms of company success, you shouldnt lose sight of individualss personal and professional development goals too.During performance reviews, one-on-onesand when youre providing ongoing feedback, its important to still keep focus on individual employees'sgrowth and development, as well as wider company aims.

So now everyones goals are aligned, and everyone is aware of exactly what theyre working towards, on both an individual and wider level. Once this is complete, its key that there is an ongoing procedure in place to track progress. Using performance-management tools is a great way to assign the goals established, help managers check in with their team'sprogress and provide real-time feedback to keep everyone motivated and on track, without interrupting daily workflow.

Whilethey may take some time and effort to implement, cascading goals are an effective way to ensure company-wide alignment, where everyone from upper management to entry-level employees are working as part of a team and focused on a common objective. When combined with high-quality goals and consistent, effective follow-ups, cascading goals can make a world of difference.

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Now Is the Time to Set Cascading Goals - Entrepreneur

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October 20th, 2019 at 9:17 am

Posted in Personal Success




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