[Vinod Anand]

A successful career starts with the setting of goals early in life. Here are the various stages of goal setting, and guidelines on working towards them. Imagine you are going on a trip. What would you need? Definitely, a pack of clothes, money, and a mode of transport. What else would you require? There are those who travel with a road map and those who are just going somewhere. If you don’t know where you are going, any road will you get there. However, if you are indeed going on a vital trip, the most important thing you require is knowledge of your destination. In the same manner, where do you want to reach in your career? Where do you want to be in ten years’ time? Where do you want to be in your personal life? Questions such as these are crucial to your professional and personal life. People with goals in life succeed, because they know where they are going. Three things are essential to become successful: Goals, a strong desire to achieve them, and an action orientation. A goal is therefore like a destination you want to reach and the process of setting, planning and achieving, is the journey. Goals are not to be confused with intentions, as this story reveals. Students of Harvard Business School were once asked if they had written down their goals. It appeared that only three per cent of the students had their goals down in writing. After 25 years, students who had written down their goals were found to be far more successful and happier in life than those who hadn’t. Written goals can transform your wishes into wants, dreams into plans, and plans into reality. Being in college, dream and fantasize about your future life. American businessman and actor Donald Trump, puts this appropriately by saying “Think big! You are going to be thinking anyway, so think big!” Decide what you want and write down your goals. Then convert those goals into positive, affirmative statements. Make these affirmations a daily, habit, until they become a part of your subconscious mechanism.

You should also set smart goals. Use the power of your imagination as well as skillful planning to set your professional goals. There are four aspects of these goals:
1. Specific goals: A college or an institution is your learning platform preparing you for a chosen career. Career goals have to be set early, generally when you finish Class 10 and 12, and after understanding your aptitude. An aptitude test will indicate a few career options appropriate for you. Evaluate these short-listed options by researching the job market and growth prospects. Finally depending on the career you want to pursue, select the right course and the institute. For example, your long-term career goal could be, To attain a technical qualification such as Engineering in IT, followed by a Management course, and then to work towards becoming a CEO in a small or medium scale enterprise in 10 years’.
2. Measurable goals: Since a career lasts for a lifetime, you must evaluate your progress periodically, vis-à-vis your goals. In the long-term career goal illustrated above, you would need to know your progress in engineering; progress towards the CAT entrance exam for the Management course and so on. Therefore, goals must be measurable to keep track of your progress.
3. Achievable: Goals channelise your energy into action utilizing your potential to the fullest. Aiming to head a company in ten years in a small or medium enterprise is certainly an inspiring goal. Highly inspiring and achievable goals act as strong motivators to overcome difficulties.
4. Realistic: How do you know that the goals are realistic? Consider the capabilities and resources required to set realistic goals. Importantly, the chances of achieving must be reasonably strong. For instance, it may not be a realistic goal to become a CEO in a large IT enterprise in a short span of 10 years, though it’s possible to achieve this goal in a small or medium enterprise. In addition, goals must be relevant in the larger aspects of your life.
5. Time bound: Goals have to be time bound, in terms of when to begin and when to achieve them. The key to achieve is to work on the goals as soon as they are set.


Cricketers often say, “We take each game at a time”. What do they mean? Short-term goals help win games while long-term goals help win championships! In terms of academics and career planning, think of your long-term goals and work backwards to set short-term goals. For instance, if your career goal is to become an aeronautical engineer in NASA, break this long-term goal into short-term goals for your 12th/ Pre-University and for the entrance exam to gain admission into an IIT.
After completing Engineering in Aeronautics, you may need to do a Masters in an institute specializing in Aeronautical Engineering to get into NASA. These goals are like games you need to win, to win the championship of a career in NASA.


It’s a good strategy to have multiple goals in different areas such as your professional career, personal life, financial and asset creation, health and fitness. These goals in different aspects of life should complement each other and not contradict them. Therefore, set your first priority on career goals and ensure that you integrate all other goals around the career. A balanced approach to goal setting helps you to progress in your career as well as enjoy the fruits of your hard work in your personal and family life. Review your goals and achievements every few years to set newer goals in the direction of long-term goals. For example, it’s possible to think of retiring at fifty and think of an alternate career or pursue a hobby seriously. Review such futuristic goals at a later stage, depending on your progress, by setting reminders. Remember, a college equips you with the right knowledge, which is fundamental to success. Nothing can stop you from succeeding if you develop the right skills and a positive attitude.
Life is all about making the right choices and goal setting is the process of making those choices. Goals enable you to focus, act as strong motivators and improve results. Follow your dream; but be sure you love the profession. You may start with a job; turn that job into a passionate career.
Career success is a destination you want to reach. Let the goals be specific like setting a needle in your compass. From then on, the compass knows only one point, faithfully guiding you through the journey ahead. Look forward to the destination, but appreciate and enjoy the journey.

Steps towards goal setting:
• Identify your dreams
• Understand yourself through a personal SWOT analysis
• Translate dreams into smart goals for career and personal life
• Write down your goals
• List down skills and knowledge requirements
• Prepare an action plan
• Review your progress periodically
• Upgrade your skills and set higher goals.

Author's Bio: 


Born in 1939, and holding Master’s Degree both in Mathematics (1959) and Economics (1961), and Doctorate Degree in Economics (1970), Dr. Vinod K.Anand has about forty five years of teaching, research, and project work experience in Economic Theory (both micro and macro), Quantitative Economics, Public Economics, New Political Economy, and Development Economics with a special focus on economic and social provisions revolving around poverty, inequality, and unemployment issues, and also on informal sector studies. His last assignment was at the National University of Lesotho (Southern Africa) from 2006 to 2008. Prior to that he was placed as Professor and Head of the Department of Economics at the University of North-West in the Republic of South Africa, and University of Allahabad in India, Professor at the National University of Lesotho, Associate Professor at the University of Botswana, Gaborone in Botswana, and at Gezira University in Wad Medani, Sudan, Head, Department of Arts and Social Sciences, Yola in Nigeria, Principal Lecturer in Economics at Maiduguri University in Nigeria, and as Lecturer at the Ahmadu Bello University, Zaria in Nigeria. Professor Anand has by now published more than 80 research papers in standard academic journals, authored 11 books, supervised a number of doctoral theses, was examiner for more than twenty Ph.D. theses, and has wide consultancy experience both in India and abroad, essentially in the African continent. This includes holding the position of Primary Researcher, Principal Consultant etc. in a number of Research Projects sponsored and funded by Universities, Governments, and International Bodies like, USAID, IDRC, and AERC. His publications include a variety of themes revolving around Economic Theory, New Political Economy, Quantitative Economics, Development Economics, and Informal Sector Studies. His consultancy assignments in India, Nigeria, Sudan, Botswana, and the Republic of South Africa include Non-Directory Enterprises in Allahabad, India, Small Scale Enterprises in the Northern States of Nigeria, The Absolute Poverty Line in Sudan, The Small Scale Enterprises in Wad Medani, Sudan, Micro and Small Scale Enterprises in Botswana, The Place of Non-Formal Micro-Enterprises in Botswana, Resettlement of a Squatter Community in the Vryburg District of North West Province in the Republic of South Africa, Trade and Investment Development Programme for Small, Medium and Micro Enterprises: Support for NTSIKA in the Republic of South Africa, and Development of the Manufacturing Sector in the Republic of South Africa’s North West Province: An Approach Based on Firm Level Surveys. Professor Anand has also extensively participated in a number of conferences, offered many seminars, participated in a number of workshops, and delivered a variety of Refresher Lectures at different venues both in India and abroad. Dr. Anand was placed at the prestigious Indian Institute of Advanced Study (IIAS), Shimla in the State Himachal Pradesh, India as a Fellow from 2001 to 2003, and had completed a theoretical and qualitative research project/monograph on the Employment Profile of Micro Enterprises in the State of Himachal Pradseh, India.