University MBA505: Goal Setting and Coaching Plan Report

This report is a comprehensive analysis of goal-setting theories and their practical application, focusing on the author's personal and professional aspirations post-MBA. The author outlines specific long-term and short-term goals, emphasizing the desire to attain a senior management position in a multinational corporation. The report details how these goals align with SMART criteria (Specific, Measurable, Achievable, Realistic, and Time-bound). The author reviews goal-setting theory, highlighting the contributions of Edwin Locke and Gary Latham, along with their collaborative research. A coaching plan is proposed, incorporating questions for self-assessment and potential challenges and enablers in achieving the set goals. The author also provides a detailed bibliography of academic research supporting goal-setting theory and its effectiveness.

Running Head : TRANSCRIPT
Transcript
Name of the Student
Name of the University
Author Note

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The goal you have selected and the reasons why it is important to you
I have some specific goals for future which can be divided into the long run and the short
run. The long-run goals- After the completion of MBA, my long –run objective is to achieve an
upper managerial position in an established multinational corporation which manufactures or
markets the commoditiesi. Apart from these, one of my highest aspiration is to become the
marketing manager of an advanced company. Hence, I intend to develop within the scope of a
particular firm. As per my beliefs, in the process of achieving the goal, I will express all of my
talents and the interests for contributing to the prosperity of the society. The short-run goals-
When I look 2 years back, I see that I have an interdisciplinary experience in the business
management and travelling. On these two grounds, I have gathered huge knowledge and
experience. From the experiences collected through the past years, I can easily handle the
commodities of a multinational corporation. In order to complete the entire process, I have some
short-run objectives:
Firstly, I have to acquire quality general academic education in the business
administration and at the same time get strong hold over the English language. Secondly, I want
to develop within the scope of a particular firm. I believe the goal setting has abundant
advantages in my life. As per my views, the goals I have set hold a control in my life and
whatever I do. I have learnt how to take charge and think about what I want for myself instead of
letting others guide me. Whenever I think about my life goals or career goals, there is a strong
motivation working within myself. It has propelled me forward and I believe I can achieve my
highest potential through these goals set. The goals are mainly set for stretching myself beyond
the normal self and reach new heights.
How you selected the goal, that includes the specific elements that make it SMART.

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I have selected the goals by observing my own strengths, weaknesses and how much I
can prosper based on those strengths. I have also gone through the personal development plan
(PDP) for reflecting on my own performance along with the achievements. The personal
development plan has helped me to evaluate and recognize the strengths. It has been an effective
way of monitoring my own progress. I know that clear goals and its measurable outcomes are
highly important and I have ensured that my goals are specific, measurable, achievable, result-
oriented and time bound. My goals are SMART in the following terms:
Specific- My specific goal is to become the manager of a commodity corporation as I have
academic background in that subject and some experience too. By the age of 25, I want to be
hired as a senior manager of an established company.
Measurable- I will review how many interviews I can crack and what type of company hires me
as a marketing manager
Achievable - It is essential for me and my future that people know about myself and what I stand
for so that they appreciate my aspirations. There are various hurdles in achieving the goal such as
it requires strong communication skills, the management skills and also the marketing skills. For
these, I will join the coaching sessions for improving on my abilities and skills.
Realistic- I believe that my goals are quite realistic because there is 80 % chances of my success.
I have done my MBA on marketing and have in depth knowledge on what is marketing and how
a company can be managed. Moreover, I will join the coaching sessions for improving on my
skills which will support me more to achieve the goals. The mentors at the coaching will help me
overcome the challenges of reaching the goal.

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Time-bound- By the next 4 months, I will be completing my MBA course and for the next six
months I will engage myself in self-grooming and improve my confidence level. After that I will
start appearing for the interviews my applying for the post of marketing manager.
Identify the academic research that supports goal setting theory and its application and
effectiveness.
I have learnt many relevant theories but two theories have caught my attention the mots
and seemed the most relevant. The first one is the goal setting theory of motivation- In the year
1960s, sir Edwin Locke propounded this theory of motivation. As per this theory, the goal
setting is essential to the performance of a particular task. It suggests that few specific and
challenging goals with appropriate feedback can highly contribute to the betterment of
performance. There are few features of the goal-setting theory such as the goals have to be
specific and clear, it must be realistic and challenging, there is no necessity of the employee
participation always. This realistic and challenging aspect that the theory talks about has brought
confidence within me and I am prepared to take up any challenge in my career and life.
The second is The Latham and Locke forging a collaboration- The goal setting theory of
Locke gained the attention of Dr. Gary Latham who tried to experiment the theory on his own
field of study. Gradually, he also found that there is a strong link between the goal- setting and
the performance of a task. They both collaborated to prepare a theory of goal setting and task
performance. Their theory has caught my interest as they focus on the five traits such as the
promotion of the consideration to task complexity, feedback, commitment, challenge and clarity.
I have applied the theories in my career planning and shaped my goals according to it. Both these
theories have been highly helpful for me.

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Your coaching plan, with an outline of some of the questions you would ask yourself and
some of the things that may help or hinder your ability to achieve your goal.
I will ask myself about the following points:
How is my verbal communication?
Am I able to summarize any information given promptly?
Do I have good written communication skills?
Can I write a business document precisely?
Can I manage conflict easily?
How much good I am in managing the disagreements and encouraging the colleagues?

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Bibliography
Corgnet, Brice, Joaquín Gómez-Miñambres, and Roberto Hernán-Gonzalez. "Goal setting and
monetary incentives: When large stakes are not enough." Management Science 61, no. 12
(2015): 2926-2944.
Dobronyi, Christopher R., Philip Oreopoulos, and Uros Petronijevic. "Goal setting, academic
reminders, and college success: A large-scale field experiment." Journal of Research on
Educational Effectiveness 12, no. 1 (2019): 38-66.
Hajer, Maarten, Måns Nilsson, Kate Raworth, Peter Bakker, Frans Berkhout, Yvo De Boer,
Johan Rockström, Kathrin Ludwig, and Marcel Kok. "Beyond cockpit-ism: Four insights to
enhance the transformative potential of the sustainable development goals." Sustainability 7, no.
2 (2015): 1651-1660.
Hák, Tomáš, Svatava Janoušková, and Bedřich Moldan. "Sustainable Development Goals: A
need for relevant indicators." Ecological Indicators 60 (2016): 565-573.
Kaur, Pavneet, Harsharan Kaur Gill, and Ritu Mittal. "Effect of Socio-Personal factors on goal
setting pattern of farm families." Editor’s Message (2018): 101.
Tuballa, Maria Lorena, and Michael Lochinvar Abundo. "A review of the development of Smart
Grid technologies." Renewable and Sustainable Energy Reviews 59 (2016): 710-725.
Young, Zoe Pflaeger. "Gender and development." In Handbook on Gender in World Politics.
Edward Elgar Publishing, 2016.

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