Building tower - the SMART way!

In our yet another innovative lecture, we were introduced to some very important concepts in the field of management, namely:
- S-M-A-R-T Goal Setting
- The Pygmalion Effect
- Top to Bottom Planning
- POSDCORB
- Organisation Entity

Dr. Mandi further gave insights on the tower building exercise carried out in the previous lecture.

Goals and Goal-Setting:
Every goal should be set keeping in mind the S-M-A-R-T strategy, where each alphabet denotes a special characteristic one must keep in mind

S - Specific, Strategic, Sustainable, Stimulative
M - Measurable, Motivating, Meticulous
A - Attainable, Achievable, Assignable
R - Realistic
T - Time-bound

We further discussed on whether or why or how the goal set during the tower building exercise was a SMART goal.

Goal setting and Goal achieving more or less follow the Fibonacci spiral. One must always achieve a set goal, and then set the next goal higher than the earlier one. This will help us realize our potential such that we are able to deliver better time after time.

The Pygmalion Effect:

The Pygmalion Effect, or Rosenthal effect, is the phenomenon in which the greater the expectation placed upon people, the better they perform. 

This can further be implemented in management. A Manager always has to believe in his people and expect them to achieve the best results. In such case the subordinates always feel this trust and demonstrate their best skills and abilities in their work. 

We thank Dr. Mandi for having for having given us such great insights in the best possible and practical manner!