Are your new year's resolutions balanced?

2 January 2013
Alison Smith, the Purchasing CoachMany of us use the start of the year to review our personal goals, whether it’s losing weight, stopping smoking, getting fit, seeing more of the family or setting up our own businesses. It's the same with work-related goals, with most set at the beginning of the financial year. In this setting, balanced scorecards are used to ensure the measurement of success of the individual, team, department or organisation and goals are considered more broadly. This makes sure short-term cost savings aren't delivered at the expense of quality or long-term stakeholder relationships. I wonder what impact applying the balanced scorecard approach would have to some of the new year resolutions we make?
  • Getting fitter might not become a lonely trip to the gym but involve activities with family and friends.
  • Going on a diet might also involve learning how to cook.
  • Giving up smoking may need to be supported by learning stress reduction techniques.
Considering the wider picture may provide additional motivation, improve the likelihood of achieving your goal or subtly change it. Whatever the impact, I’d suggest success is much more likely. I'll let you know how I get on balancing having a life with the travelling needs of the consultant trainer.
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