This presentation focuses on applying strategic planning principles to personal goals. Most of the presentation requires the attendees to apply the principles using their own goals and values. This requires hands-on time no displayed in the presentation.

1. Personal Strategic Planning
Barry Cordero
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“We are more than
the sum of our
experiences”

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What area are you going to focus on?
• Consider:
– Career
– Social
– Physical
– Financial
– Other?

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What is a Personal Value Statement?
• Statements defining who you are in specific
categories. Potential categories:
– Your family
– Your profession
– Your community
• Clear statements of what is important to you
• Values drive your decision making and
prioritization

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Why Write Value Statements?
• Statement of Guiding Principals
– Assist in aligning actions
– Assist your personal board in advising you
• Assist in Decision Making
– Clarify gray area decisions
– Leverage to save time/effort/money
• Helps to prioritize actions
• Reduce distractions, guilt or regrets

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Exercise: Write Your Value Statements
Examples:
•Never accept the status quo, always challenge the
current state and what is possible for the future
•Physical well being is a foundation for daily success
•It is my responsibility to improve the success of my
community
•I believe in financial independence and maintaining little
to no debt

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“The greatest danger for most of us is not that our
aim is too high and we miss it, but that it is too low
and we reach it.” – Michelangelo
Vision

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Develop a vision of the future state
• Will you be in the same career?
• Will you be in the same field?
• How will you be different in this ideal future?

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What is a vision?
• For organizations:
– Vision is how the world will be different because of the
work we’ve done
• For you:
– Vision is how others will perceive you because of the
work you’ve done and the impact you’ve had
– A summation of your notable characteristics in the future

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Vision
• Different from Value Statement
– Can only be one vision statement
– Your overarching goal
• Purpose
– Vision will focus your values on one goal
– Further assists in making big decisions. (which option is
aligned with your vision?)

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Create a personal “vision statement” for at
least one category
• Examples:
• “I will be…”
• A driven Medtronic executive leader, providing
operations knowledge to key business strategy
decisions
• Financially Independent with multiple sources of
income but living well below my means
• In my best physical health, constantly driving to
achieve a new personal fitness challenge
• An inspiring and successful leader: I play an active
role in striving for success in my community

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Mapping: Vision to Action
• Analyze your Vision Statement(s)
• Analyze your future state characteristics
• Work backwards to determine preceding goals
and objectives

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Find the path
 Vision: A driven Medtronic executiveleader,
providing operationsknowledgeto key
businessstrategy decisions
 How do I get therefrom here?
Contract
Engineer
Sr Eng.
Director

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Characterize “future” you
• Choose some characteristics that describe future you
• Example: Career
– Key decision maker for business strategy
– Reliably independent thinker
– Excellent communicator
– Driven and inspiring

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Characterize my Vision
• Specialties?
• Expertise?
• What do I need?

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Work
Backwards:
Continue
Expanding
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Goals Overview
Task 3
Task 2
Task 1
Objective 1
Task 3
Task 2
Task 1
Objective 2
Task 3
Task 2
Task 1
Objective 3
Goal Area 1
Task 3
Task 2
Task 1
Objective 1
Task 3
Task 2
Task 1
Objective 2
Goal Area 2
Task 3
Task 2
Task 1
Objective 1
Task 3
Task 2
Task 1
Objective 2
Goal Area 3
Overall Mission/Vision
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Identify
Common Goal
Areas
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Identify
Common
Goal Areas
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Find what is
missing and
add it

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Extract Goals
• Obtain Master’s Degree
• Develop director level people and project
management skills
• Obtain director level technical skills
• Grow overall work experience
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Assign Objectives
• SMART
– Specific – Detailed but understandable
– Measurable – Can say if you succeeded or failed
– Attainable - Achievable
– Relevant – In Line with a specific goal
– Timely – By when?

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SMART Goals Example:
• Goal: Obtain Director Level Technical
Skills
– Objective 1: Obtain ASME Certification by
Fall 2013
– Objective 2: Obtain ASQE Certification by
Fall 2013
– Objective 3: Complete 2 projects in New
Product Development by Spring 2014
– Objective 4: Complete Medtronic Univ
training and information interviews of
Senior Manufacturing Directors by Spring
2013
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Assigning Tasks
• For every Objective, assign yourself detailed,
specific tasks
• Tasks are specific action items with an owner,
resource allocation, etc.
• Tasks are also SMART

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Assign Task Example
• Goal: Develop Speaking Portfolio
– Objective 1: Complete 1 speaking engagement per
quarter in the topic of professional development through
SHPE
• Task 1: Present Resume Workshop at RLDC6, April 2010
• Task 2: Present “Personal Strategic Planning” Workshop at
MGT 2010, May 2010
• Task 3: Present “Interviewing as a Professional” Workshop
at SHPE2010, October 2010

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“Every excuse I ever heard made sense to
the person who made it”

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Personal Board of Directors
• Function
– Stakeholders in your success
– Approve/Reject changes to Strategic Plan
– Assist in making decisions when you have competing
actions
• Who?
– Mentor
– Family members
– Peers
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Priorities
• Finite waking/working time/resources
• Prioritization of Values
– Competing actions align with competing values
– Value Categories
• Prioritization of Goals
– Competing goals/objectives and tasks
– Just do it

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Strategic Plan Scheduling
• Determine devoted time for Tasks/Obj’s Review
– Daily?
– Weekly?
• Are competing time sinks in-line with values?
• Use Software to form a Schedule (optional)
– MS Project
– Omni Plan
• Use Software for Task Management (optional)
– Omni Focus

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Maintenance and Checkups
• Personal Board of
Directors
• Approves plan
• Scheduled Reviews
• Assessment of
Progress
• Necessary Revisions
to Initial Plan

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Next Steps
• Complete your Career Development
Strategic Plan
– Submit for Review by your Personal BOD
– Convert to PDF, Date and add revisions
• Assign tasks to your calendar
• Perform quarterly assessments with
BOD and Revise your plan periodically
• Celebrate completion of Goals and
Major Objectives

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“It is good to
have an end to
journey toward;
but it is the
journey that
matters, in the
end.”
Ernest Hemmingway