It’s that time of year again, time to review the success of the past year and set new goals for the new year. But there is something that bothers me about this time of year. I see too many organizations where the “numbers” show an exceptional year but some members of the board of directors are skeptical. Instead of celebrating the successful year, they are wondering if maybe the staff was “sandbagging” the numbers.
No, more than likely the goals were not understated. Guess what? You had a good year! It’s time to celebrate that, not to be skeptical and try to downplay the success. Who approved the numbers in the first place? Probably the board when they approved the budget. If anyone on the board has questions about whether the key metrics and budget that is set for the year is correct, he/she should be asking those questions before the budget is approved. Not at the end of the year when the results are finalized.
There is nothing more disheartening and demotivating for a CEO or senior team then to have an extremely successful year only to have their board of directors questioning whether the targets were set at the right levels in the first place.
I would encourage you to take the time to discuss “the numbers” and the expectations for the year. Ensure that you are defining what success looks like and that everyone is in agreement.
Here’s to a successful 2015!