Measuring Progress Toward Targets

What are the check points and milestones you need to reach your targets?

Measure your progress

It may seem like additional work that you have to find time for, but its very important that you are able to come up with a way to check in and measure the progress being made towards the targets you set. Measuring progress toward targets:

• Helps keep motivation and momentum.

Regular check-ins or reviews of progress made towards targets are motivating for us. Our brain makes us feel good about things when we are making progress and heading in the right direction.

• Helps maintain professionalism.

When the time comes to speak with other business owners and professionals, they will ask you about your strategy. If you know your targets and you know how far along you are to achieving them, then you will come across with much more authority than otherwise. This documentation of progress can also be put to good use to provide evidence for award applications, auditors, and other business regulating organizations.

• Helps provide clarity.

Allows you to gain a clearer picture of how the business is doing in relation to the targets. It’s easier to make decisions about what to do when you have a stronger idea of the situation. If you are able to, you should collect data as that can also provide insight into how far along you are and what needs improving.

Keep reviewing targets

It is important that you review along the way that your targets are still relevant and achievable. If they are not, then it’s time to make a change to reflect that. Make sure that the goals are specific and have a clear path of action for how you will reach them. Don’t forget to celebrate your successes along the way to reward yourself for reaching milestones and targets. Celebration is the key to driving you further forward.