Goal Setting involves establishing specific, measurable and time-targeted objectives. Work on the theory of goal-setting suggests that it 's an effective tool for making progress by ensuring that participants in a group with a common goal are clearly aware of what is expected from them if an objective is to be achieved. On a personal level, setting goals is a process that allows people to specify then work towards their own objectives - most commonly with financial or career-based goals. Goal setting is a major component of personal development
The most effective goals should be tangible, specific, realistic and have a time targeted for completion. There must be realistic plans to achieve the intended goal. For example, setting a goal to go to Mars on a shoe string budget is not a realistic goal, while setting a goal to go to Hawaii as a backpacker is a possible goal with possible, realistic plans.
Goal setting also requires motivation. Simply setting a target may lead to progress in the desired direction, but understanding why the target is desired encourages personal investment into the achievement of the goal. In the motivation film "The Opus" (2008), achievement expert Douglas Vermeeren explains this important principle clearly: "When people talk of clarity it often gets described as just writing down your goals. The most important element is often left out. That is finding your motivation. If you want to get to your goals quickly you have got to clarify on why you want it. What does it mean to you? Why do you need it in your life? And the stronger and more important the why - the more power
References: 1. Farber A. Barry. Self Disclosure in Psychotherapy. The Guilford Press. New York. Wikipedia.org via www. Ebrary.com 2009