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To execute strategy, leaders must set ambitious targets. This must be translated into specific metrics and milestones. It must be made transparent throughout the organization and progress are discussed frequently. This is the FAST Method to Goal Setting.

Goal Setting used to be done in a conventional way. Managers hold one-on-one meetings with their subordinates to set goals. Performances are reviewed against objectives and these are linked to promotion and bonus decisions. The same managers aspire their goals to be SMART--Specific, Measurable, Achievable, Realistic, and Time-bound.

But this conventional wisdom of goal setting rarely asks the fundamental question--does it work? The traditional approach to goals cannot ensure successful strategy execution. An alternative is necessary.

This presentation explores the new alternative to goal setting that will effectively ensure successful strategy execution: The FAST Method to Goal Setting. The FAST Method embodies 4 core principles underpinning Effective Goal Systems:

1. Frequently Discussed
2. Ambitious
3. Specific
4. Transparent

Effectively mastering the FAST Method will enable organizations to drive strategy execution effectively and successfully.

This deck also includes slide templates for you to use in your own business presentations.

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Source: FAST Method to Goal Setting PowerPoint document

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File Type: PowerPoint (ppt)

Tag(s): Performance Management SMART

Number of Slides: 19 (includes cover, transition slides)

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Upload date (first version): Jan 14, 2019

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