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Why Stretch Goals?
"Let's be realists,
let's dream the impossible."
~ Che Guevara
A stretch goal
is an aim that cannot be
achieved by incremental or small
improvements but
requires extending oneself to the limit to be actualized.
It is a challenge that is significantly beyond the
individual's or
organization's current
performance
level.
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→
Radical Improvement:
KoRe 10 Tips
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Stretch goals
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energize
and push you to
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work smarter and harder at meeting more difficult targets and to achieve
more than if you had set an easier goal.
When you set a stretch goal for yourself you know
that you may not meet it 100%, but by coming close you will likely achieve
extraordinary results.
Say, if you set the goal to "120," essentially
asking an extra 20% of yourself, and achieve "115", you have managed to
achieve 15% more than if you had set an easier goal.
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The term "stretch goals" was coined by
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Jack Welch,
the former legendary
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CEO of
GE, to denote those
objectives that are seemingly unattainable with present resources and, most
importantly,
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mindset.
Jack Welch urged everybody at GE to stretch.
By the specifying the "attainable", people are
required to
think
outside the box and be able to improve performance by magnitude they had
never thought possible...
More
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It is easier to make progress on ambitious
dreams. Since no one else is crazy enough to do it, you have little
competition. |
Larry Page
Google |
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