MT Goals Examples: Measurable and Time-Based Goal Setting
Manager ToolsJune 11, 202536 min
25 connectionsΒ·40 entities in this videoβUnderstanding MT Goals
- π― MT Goals (Measurable and Time-Based) are presented as a clearer and simpler alternative to SMART goals.
- π‘ The podcast aims to provide concrete examples of MT goals to help managers set effective annual objectives.
- β οΈ Many organizations struggle with vague goals, often accepting poorly defined objectives as "SMART" without true accountability.
Critiquing Poor Goal Examples
- π Goals like "On-time shipments" are identified as aspirations or measures, not actionable goals.
- β "Address container handling efficiency" is criticized for lacking a clear metric and deadline, making it unmeasurable.
- π§ "Ensure a profit-oriented mentality" is deemed too abstract; the suggestion is to either set direct profit goals or use measurable proxies like finance test pass rates.
- β³ "Reduce lead times" is flagged as a weak goal due to its vague measurability and lack of a specific deadline.
- π’ Goals such as "Reduce floor space used by inbound materials" are improved by specifying the exact square footage and deadline.
- π "Improve performance review system" is a common but unhelpful phrase; specific, measurable goals related to training time or on-time completion are recommended.
- ποΈ "Engage in weekly one-on-ons" is improved to "Achieve 90% one-on-one completion each quarter" for better accountability.
- π "Realign lab duties" is critiqued as a potential reorganization tactic without clear measurable improvements in efficiency or cost savings.
- π "Hold three sales meetings" is technically measurable but lacks depth; suggestions include adding metrics for attendee satisfaction or cost savings.
Examples of Effective MT Goals
- π A manager's goals are highlighted as a "tour de force," including specific, quantifiable objectives like moving off-site warehousing to one location to save a defined dollar amount annually.
- π° Other strong examples include reducing scrap costs by a specific dollar amount, achieving a plantwide productivity percentage, and reducing repair and maintenance costs by a set figure.
- β The key takeaway is that well-defined, measurable, and time-bound goals lead to better performance and provide a basis for rewards and accountability.
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Whatβs Discussed
MT GoalsSMART GoalsGoal SettingPerformance ManagementMeasurable GoalsTime-Based GoalsAccountabilityManager ToolsAnnual GoalsProductivity
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