Implementing SMART Goals and Stretch Goals at GE

The chapter explores how GE implemented SMART goals for employees, leading to a focus on quantity over quality. To address this, stretch goals were introduced, pushing employees to think creatively and achieve significant results. Additionally, the chapter highlights the impact of company culture on employee empowerment and productivity.

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IN THIS EPISODE, YOU’LL LEARN:

Why control is the key to motivating people.
How to form the best teams?
Why GE is setting both SMART goals and strength goals.
How to statistically make the best decisions.
Ask the Investors: How diversified should I be when my portfolio is my net worth?

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Charles Duhigg’s book, Smarter Faster Better – Read reviews of this book.
Preston and Stig’s episode on Charles Duhigg’s book. The Power of Habits.
Preston and Stig’s episode on Malcolm Gladwell’s book, Outliers.
Preston and Stig’s episode about how to focus.
Preston and Stig’s episode on the importance of trust in business.
Preston and Stig’s episode about creativity.

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