Section 1: Why Organizations Use MyObjectives
Section 2: What Happens in Setup Phase
Section 3: What's Different About Do Phase
Section 4: What You Learn from Review Phase
Section 5: How MyObjectives Changes Work
MyObjectives includes a convenient tool with five measures to assist you in checking the quality of each objective as it’s drafted.
Referred to as S.M.A.R.T., this tool ensures each objective is specific, measurable, achievable, realistic, and timely. We’ll talk more about each of these in the future lesson.
In Setup phase and after your objectives have been written, your next step is to prioritize them. MyObjectives includes a priority rating system used to assign importance to objectives, which in turn helps team members understand how each subject is important relative to other objectives.
Setting a priority for an objective assigns it a relative priority compared to other objectives. It also organizes work so team members know which to tackle first. And it allows teams to balance their work load between those which are critical, essential, important or stretch objectives.
Let’s look more closely at the four core priority levels which can be assigned to objectives. The first is critical, it’s for those objectives which must be completed. The second is essential. It’s for those objectives which need to be completed. The third is important. It’s for those objectives that you should get completed. The fourth is stretch. Stretch objectives exist as a way to get credit for additional work you can tackle if everything in your plan is shaping up to be completed, and/or that you could take things further if everything went your way.
There’s actually a fifth priority – the unplanned priority – but that’s not a part of the Setup phase so we’ll talk about it in a later course. This process of prioritizing your objectives is also called “balancing” because in MyObjectives there is an understanding that all work is not created equal, and that there are some objectives which truly are critical to the success of your organization. The majority of them, though, are essential: they need to happen.
Lastly, there are some that are important, but that if you didn’t get them done within this period, your organization would still be in an okay state.