November 20, 2007

I came upon this little gem today thought I should share it. According to a Harvard Business School study, written goals can translate into earnings of 10 times more than those who fail to establish goals or put their goals in writing. In the study, Harvard graduates were asked if they had goals and, if so, were they written down? Three percent (3%) had written their goals down, eleven percent (11%) had goals but had not written them down and eighty-six (86%) had not yet established goals.
Twenty years later, they polled the same group. The 11% who had goals (but not written down) were making twice as much as the 86% who had no goals. However, the 3% who had written down their goals were making 10 times more than the average of all the other graduates…and 98% of all the wealth resided with that same 3%! Snap.
Duncan
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Thanks for the post. Can you (or anyone) send a link or direct reference to this 1979 Harvard MBA study? I haven’t been able to find it and suspect that it may not exist. But I love the story!
Thanks.
Comment by Daniel — January 10, 2008 @ 1:34 pm