{"id":12046,"date":"2013-03-28T13:00:54","date_gmt":"2013-03-28T17:00:54","guid":{"rendered":"https:\/\/smarttan.com\/news\/?p=12046"},"modified":"2013-03-28T11:02:59","modified_gmt":"2013-03-28T15:02:59","slug":"why-you-need-business-goals","status":"publish","type":"post","link":"https:\/\/news.smarttan.com\/index.php\/why-you-need-business-goals\/","title":{"rendered":"Why You Need Business Goals"},"content":{"rendered":"

There\u2019s no need to fear setting goals and projections for your business \u2013 it\u2019s a no-lose situation, Inc.com contributor Michael A. Olguin explains in the article \u201c4 Reasons You Need to Set Business Goals.\u201d Having specific marks to shoot for is always valuable, but it\u2019s also important to remember that goals shouldn\u2019t be strictly about financials. Setting goals involving innovation, employee retention, service, or anything else that\u2019s helpful to your business will enhance financial success in the long run. Here are four reasons why having business goals is beneficial:<\/p>\n

    \n
  1. Measure success.<\/strong>\u00a0It\u2019s easy to get caught up in short-term goals and the tactics needed to get there, but by setting goals for three, five, and even ten years down the road, you\u2019ll begin to see things from a different perspective. Even if you aren\u2019t able to reach your goals, that change in the way you look at things should be helpful.<\/li>\n
  2. Leadership Team Cohesion.\u00a0<\/strong>Having clearly defined goals ensures that your entire leadership team is on the same page and making decisions strategically, not randomly. This eliminates much of the uncertainty of decision-making.<\/li>\n
  3. Knowledge is Power.\u00a0<\/strong>When you\u2019re aiming for a particular goal, it allows you to gain a deeper understanding of the impact of each and every tactical decision and how it plays into the strategic plan. \u201cThe more you know, the better decisions, you can make,\u201d Olguin writes.<\/strong><\/li>\n
  4. Reassess Goals Mid-Year.\u00a0<\/strong>When you continually monitor your progress towards a goal, you\u2019re able to more easily recognize flaws in your strategy and adjust accordingly. Without goals, a small problem can go unnoticed and turn into a big one before you know it.<\/li>\n<\/ol>\n

    Click here to read the article from Inc.com.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    There\u2019s no need to fear setting goals and projections for your business \u2013 it\u2019s a no-lose situation, Inc.com contributor Michael A. Olguin explains in the article \u201c4 Reasons You Need to Set Business Goals.\u201d Having specific marks to shoot for is always valuable, but it\u2019s also important to remember that goals shouldn\u2019t be strictly about […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12046","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\nWhy You Need Business Goals - Smart Tan News<\/title>\n<meta name=\"description\" content=\"There\u2019s no need to fear setting goals and projections for your business \u2013 it\u2019s a no-lose situation, Inc.com contributor Michael A. Olguin explains in the article \u201c4 Reasons You Need to Set Business Goals.\u201d Having specific marks to shoot for is always valuable, but it\u2019s also important to remember that goals shouldn\u2019t be strictly about financials. Setting goals involving innovation, employee retention, service, or anything else that\u2019s helpful to your business will enhance financial success in the long run. Here are four reasons why having business goals is beneficial: Measure success.\u00a0It\u2019s easy to get caught up in short-term goals and the tactics needed to get there, but by setting goals for three, five, and even ten years down the road, you\u2019ll begin to see things from a different perspective. Even if you aren\u2019t able to reach your goals, that change in the way you look at things should be helpful. Leadership Team Cohesion.\u00a0Having clearly defined goals ensures that your entire leadership team is on the same page and making decisions strategically, not randomly. This eliminates much of the uncertainty of decision-making. Knowledge is Power.\u00a0When you\u2019re aiming for a particular goal, it allows you to gain a deeper understanding of the impact of each and every tactical decision and how it plays into the strategic plan. \u201cThe more you know, the better decisions, you can make,\u201d Olguin writes. Reassess Goals Mid-Year.\u00a0When you continually monitor your progress towards a goal, you\u2019re able to more easily recognize flaws in your strategy and adjust accordingly. Without goals, a small problem can go unnoticed and turn into a big one before you know it. Click here to read the article from Inc.com.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.smarttan.com\/index.php\/why-you-need-business-goals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why You Need Business Goals - Smart Tan News\" \/>\n<meta property=\"og:description\" content=\"There\u2019s no need to fear setting goals and projections for your business \u2013 it\u2019s a no-lose situation, Inc.com contributor Michael A. Olguin explains in the article \u201c4 Reasons You Need to Set Business Goals.\u201d Having specific marks to shoot for is always valuable, but it\u2019s also important to remember that goals shouldn\u2019t be strictly about financials. Setting goals involving innovation, employee retention, service, or anything else that\u2019s helpful to your business will enhance financial success in the long run. Here are four reasons why having business goals is beneficial: Measure success.\u00a0It\u2019s easy to get caught up in short-term goals and the tactics needed to get there, but by setting goals for three, five, and even ten years down the road, you\u2019ll begin to see things from a different perspective. Even if you aren\u2019t able to reach your goals, that change in the way you look at things should be helpful. Leadership Team Cohesion.\u00a0Having clearly defined goals ensures that your entire leadership team is on the same page and making decisions strategically, not randomly. This eliminates much of the uncertainty of decision-making. Knowledge is Power.\u00a0When you\u2019re aiming for a particular goal, it allows you to gain a deeper understanding of the impact of each and every tactical decision and how it plays into the strategic plan. \u201cThe more you know, the better decisions, you can make,\u201d Olguin writes. Reassess Goals Mid-Year.\u00a0When you continually monitor your progress towards a goal, you\u2019re able to more easily recognize flaws in your strategy and adjust accordingly. Without goals, a small problem can go unnoticed and turn into a big one before you know it. Click here to read the article from Inc.com.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.smarttan.com\/index.php\/why-you-need-business-goals\/\" \/>\n<meta property=\"og:site_name\" content=\"Smart Tan News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SmartTan\" \/>\n<meta property=\"article:published_time\" content=\"2013-03-28T17:00:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news.smarttan.com\/wp-content\/uploads\/2022\/08\/Smart-Tan-Logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"520\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"smarttannews\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@SmartTan\" \/>\n<meta name=\"twitter:site\" content=\"@SmartTan\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"smarttannews\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.smarttan.com\/index.php\/why-you-need-business-goals\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.smarttan.com\/index.php\/why-you-need-business-goals\/\"},\"author\":{\"name\":\"smarttannews\",\"@id\":\"https:\/\/news.smarttan.com\/#\/schema\/person\/722dc7049af55e0ed743d67ce9ed4819\"},\"headline\":\"Why You Need Business Goals\",\"datePublished\":\"2013-03-28T17:00:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.smarttan.com\/index.php\/why-you-need-business-goals\/\"},\"wordCount\":296,\"publisher\":{\"@id\":\"https:\/\/news.smarttan.com\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.smarttan.com\/index.php\/why-you-need-business-goals\/\",\"url\":\"https:\/\/news.smarttan.com\/index.php\/why-you-need-business-goals\/\",\"name\":\"Why You Need Business Goals - Smart Tan News\",\"isPartOf\":{\"@id\":\"https:\/\/news.smarttan.com\/#website\"},\"datePublished\":\"2013-03-28T17:00:54+00:00\",\"description\":\"There\u2019s no need to fear setting goals and projections for your business \u2013 it\u2019s a no-lose situation, Inc.com contributor Michael A. 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