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https://my.causal.app/models/61513

Objectives Checker


Inputs

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Current

Enter the current value for any objective you're setting for yourself.

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Target

Enter the target value you'd like to reach by the moment specified in your timeline.

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Timeline (months)

This is the number of months before reaching your stated objective value.

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Growth Rate Input

This is a starting growth rate that you can decide and input, based on what you feel is reasonable. It will be useful to check this against the 'Growth Rate Needed' value produced at the bottom of this model.

Charts & Outputs

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Growth Value Per Month

This chart shows the added value being introduced each month. If, for example, you objective was measuring 'Website Visits', this chart would show the number of new visitors needed, on top of last month's traffic.

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Monthly Value

This shows the total value for a given metric and objective, month over month, based on your inputs.

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Monthly Growth vs. Monthly Totals

This chart simply plots the two outputs above on the same chart for comparison.

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Value At End Of Timeline

This will show the monthly value at the end of the period stated. So, if you set your timeline value for '6 months', this figure will show the value of your objective, at the inputted growth rate, in 6 months' time.

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Growth Rate Needed

This outputs the monthly growth rate (as a percentage) that would be required to meet your target in the timeline given.

Setting Objectives: Main Fields


Areas

Areas describe core functionalities of business. Where these might be 'departments' in larger companies, for solo businesses it might be more appropriate to simply think of these as areas of business.

Pre-built into this template are 9 key business areas.

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Marketing

For all advertising and distribution efforts.

Content

For all content-related goals such as content creation and engagement.

Financials

For business and personal financial goals. From monthly revenue to cashflow thresholds and personal savings goals.

Product

If you have a product or core offering that you're developing, list any objectives for its build here.

Services

If your primary offering is service-based, list objectives for services delivery like 'keep project onboarding under 60 minutes'.

Legal

This can be as simple as setting a target date to have all legal requirements in place. Or it may be a longer term goal to not have any issues arise.

Community

This is where we list objectives regarding our audience, customer base and/or community. Customer success goals—like customer feedback—can also be listed here.

Human Resources

This would typically be a department job, but for solo businesses the area of 'human resources' has to do with taking care of our own wellbeing, engagement and documentation. It also covers any goals for outsourcing work and hiring (if you do any).

The Business

This is where we set objectives for the larger business vision and mission. Objectives aren't always the best place for this one, but as a key area—thinking about and working on the business itself is an important regular executive function.

Target & Current

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Before setting these figures, you'll need to know your metric.

The target and current fields are set as number values—so you won't be able to input the name of the metric in the input box: 'e.g. 1000 Sales'

Instead, simply input the number value for your goal, then link the metric below.

Check-In Date

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Rather than strict deadlines, we have preset a 'check-in date' for each objective you set. This is because often we'll want to set an objective without having all the information we need to set an accurate target.

At the time of creating the objective, we can simply give our best estimate, with a target check-in date to see how things are progressing.

If you reach your check-in date and you're not close to your target, or perhaps you've blown right by it, you can adapt your objective target accordingly.

Metrics

The metrics field is linked to the 'Metrics' database. This way, you can add rich information about each metric, such as 'source', 'rollups' and 'links' for better filtering and navigation.

Progress

The progress field is a formula set to display a percentage value for the current / target values in the given m

There are two fields that make up this bar, although by default only the progress 'bar' shows:

  1. A formula calculating the percentage value for the current / target proportion;

  2. A formula converting this value into the more aesthetic circular progress bar you'll see across your dashboards.

Objective Types

In the database, there are two types of objectives you can keep track of:

Action Objectives

These describe process goals you'd like to set and reach in your business. It might be something like 'publish 1 article per week' or 'work no more than 40 hours per week' or 'get to bed before 11pm every evening'.

Outcome Objectives

On the other hand, often we'd like to set objectives which track 'what happens'. We might work 40 hours, publish an article every week and get to bed early—but what does it all equate to in terms of business outcomes?

Common business outcomes include: 'Website visitors', 'Sales', 'Monthly Revenue', 'Followers', etc.

You can see that the line may blur on some objectives, but it's best to think of the distinction:

Action Objectives are fully in our control. Outcome Objectives are indirectly in our control.

Action objectives are useful for helping us describe goals that are within our control.

Database


Objectives