Setting SMART goals

Goals are ambitions or effort for the desired results. Business tycoons, Top-level athletes, or any top-level performers and achievers in all fields all set goals. Setting smart goals gives you long-term vision and short-term motivation.

Goals should be SMART. SMART means

  • Specific
  • Measurable
  • Attainable
  • Relevant
  • Time Specific

Specific goals

When you set a goal, you should be specific about what you want to accomplish. This should be mission statement of your company or your business.

Ask these questions while setting specific goal

Who:      Who is involved?
What:     What do I want to accomplish?
Where:    Identify a location. 
When:     Establish a time frame
Which:    Identify requirements and constraints.
Why:      Specific reasons, purpose or benefits of accomplishing the goal.

Measurable goals

Goals should always be measurable in terms of degree or extent.

To determine if your goal is measurable, ask questions such as:

  •  How much?
  •  How many?
  •  How will I know
    when it is accomplished? Etc.

Attainable/ Achievable

A goal should always motivate for further future actions. A sense of attainability and a clear vision of achieving the goals make it lot better to reach that direction.

When focussing for attainable goals, think about:

· how to accomplish the goal and

 · what or tools/skills are needed,

Realistic/Relevant goals

Relevant or realistic goals refers focusing on those goals that makes sense with the broader business goals. To determine if your goal is realistic,

ask questions such as:

  •  Do I truly believe that it can be accomplished?
  •  Have I accomplished anything similar in the past?
  •  Can I identify the conditions that would have to exist to accomplish this goal?

T- Timely Goals

The last acronym T stands both for timely and tangible goals……Goals should always have a time frame of completion. If there is no time frame, it’s not a GOAL.

T-Tangible goals

  • A goal is tangible when you can experience it with one of the senses, that is, taste, touch, smell, sight or hearing. 
  • When your goal is tangible you have a better chance of making it specific and measurable and thus attainable.

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