FOR IMMEDIATE RELEASE:
Tim Tolan, CEO of Sanford Rose Associates® – The Tolan Group, Authored “Using Performance Management to Scale” Featured in Healthcare Informatics
Tim Tolan is the CEO and Managing Partner of Sanford Rose Associates® – The Tolan Group, an executive search firm located in St. Augustine, Florida. They specialize in Healthcare, Private Equity, Venture Capital and Social Enterprise. The following is an article published in Healthcare Informatics.
Plano, TX 11/27/2018
Performance management and goal setting have always been part of my DNA. It’s like a compass that tells us we are steering the ship in the right direction or gives us a chance to course correct if we wander off track. It’s hard for any organization to determine how they are doing unless there are clear measurable objectives. CIOs and their leaders need monthly, quarterly and annual goals to measure how you and your team are doing against the plan. I also firmly believe they should be S.M.A.R.T. goals: Specific, Measurable, Achievable, Relevant and Time-based.
Once the goals have been established, you need a written plan. I like three-year rolling plans so you can look into the future and describe your vision of what your organization will look like 36 months out. Then you can work back to the second year, and eventually the first year, to give you the framework for what you need to accomplish in the next 12 months. I suggest you do it with your managers. It makes them accountable to the organization since they are involved in the formation of the plan.