MONEY & LIFE

New Year, New Goals: Set and Achieve Your Career Resolutions

By: Chris Lovell · January 12, 2024 · Reading Time: 4 minutes

It’s a new year and many of us are setting our personal and professional goals for the next 12 months.

Your list might include things like going to the gym, saving money, spending more time with loved ones, or going after that promotion. But sometimes life happens and keeping up with these resolutions becomes challenging without a plan to follow. This is why it is so important to have clearly defined goals. In fact, a Harvard University study found that individuals with explicit goals are ten times more likely to succeed than those without.

Here are three easy steps to set — and achieve — your career goals this year.

Step 1: Self-Assessment

Begin by reflecting on your skills, interests, values, and experiences. This helps in understanding where you are currently in your career and what you need to do to get closer to your broader professional goals.

A SWOT analysis is one of many effective tools for self-reflection, focusing on analyzing your strengths, weaknesses, opportunities, and threats. A comprehensive self-assessment will help you craft realistic goals that align with your capabilities and the external professional environment.

To conduct a SWOT analysis create a two-by-two grid and write the following in each section:

•   Strengths: List your unique skills, qualifications, and experiences that enhance your career. Recognizing these strengths guides you in leveraging them for future roles.

•   Weaknesses: Identify skills gaps or limited experiences. Be brutally honest about areas needing improvement. This awareness is essential for setting goals and career growth.

•   Opportunities: Jot down external factors like market trends or new technologies that could advance your career. Consider networking and educational opportunities for growth.

•   Threats: Write down both internal issues like resistance to change and external factors like market competition. Identifying these threats helps you plan and overcome potential obstacles.

Step 2: Setting Realistic Goals

Then it’s time to set realistic and impactful career goals using the S-M-A-R-T goals framework, which stands for specific, measurable, achievable, relevant, and time-bound.

For instance, instead of vague goals like “improve networking,” choose something more specific like: “attend two industry networking events monthly.” Make your goals measurable, like tracking the number of networking events attended monthly to clearly see if you meet your goals. Your goals should be challenging but attainable. It’s important to balance ambition with your current resources and constraints. Finally, your goals should be relevant and aligned with your broader career aspirations. All in all, this framework can transform your vague goals into clear, attainable objectives.

Step 3: Monitor Your Progress and Stay Flexible

Once you’ve locked in your goals, remember to track your progress, but also be ready to pivot if your goals or circumstances change. Digital tools can help you stay organized, set reminders and visualize your progress.

Bonus Tip: Overcoming Challenges and Staying Motivated

New Year’s resolutions often don’t last long. Here are a few tips to keep you motivated:

•   Break larger goals into smaller milestones and celebrate the small wins

•   Build a support network to provide encouragement and accountability

•   Regularly revisit your ‘why’ to stay committed

Remember, reaching your career goals takes thoughtful planning, setting relevant and achievable objectives, and frequently monitoring your progress. Embrace the journey, learn from others, and stay adaptable. It’s about putting in the effort consistently, celebrating the small wins, and being ready to adapt. Your future self will thank you.

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