SMART Objectives- A Brief

SMART Goals :  Goal setting plays an important role in anybody’s life because this gives you the direction to move forward. 

OK ! Goals should be set but how Goals can be set.

Answer is : Goal whether it is professional , personal , spiritual , it should be SMART...... 

S- Specific

M-Measurable

A-Achievable / Assignable

R- Realstic

T-Time bound

Generally there are four types of goals : Professional Goals, Personal Goals , Economic Goals and Spiritual Goals.  All these goals should be follow the SMART Rules of Goals.

Can you elaborate the SMART Goals ?  Yes.  Now we will understand the SMART Parameters one by one.

S-Specific :

The criterion stresses the need for a specific goal rather than a more general one. This means the goal is clear and unambiguous; without vagaries and platitudes. To make goals specific, they must tell a team exactly what is expected, why is it important, who’s involved, where is it going to happen and which attributes are important.

A specific goal will usually answer the five "W" questions:

-What: What do I want to accomplish?

-Why: Specific reasons, purpose or benefits of accomplishing the goal.

-Who: Who is involved?

-Where: Identify a location.

-Which: Identify requirements and constraints.

  

M-Measurable :

The second criterion stresses the need for concrete criteria for measuring progress toward the attainment of the goal. The thought behind this is that if a goal is not measurable, it is not possible to know whether a team is making progress toward successful completion. Measuring progress is supposed to help a team stay on track, reach its target dates, and experience the exhilaration of achievement that spurs it on to continued effort required to reach the ultimate goal.

A measurable goal will usually answer questions such as:

·         How much?

·         How many?

·         How will I know when it is accomplished?

·         Indicators should be quantifiable

     A-   Achievable/ Assignable :

·         The third criterion stresses the importance of goals that are realistic and attainable. While an attainable goal may stretch a team in order to achieve it, the goal is not extreme. That is, the goals are neither out of reach nor below standard performance, as these may be considered meaningless. When you identify goals that are most important to you, you begin to figure out ways you can make them come true. You develop the attitudes, abilities, skills, and financial capacity to reach them. The theory states that an attainable goal may cause goal-setters to identify previously overlooked opportunities to bring themselves closer to the achievement of their goals.

An Achievable goal will usually answer the question:

·         How: How can the goal be accomplished?

 R-Realstic :

The fourth criterion stresses the importance of choosing goals that matter. Many times you will need support to accomplish a goal: resources, a champion voice, someone to knock down obstacles. Goals that are relevant to your boss, your team, your organization will receive that needed support.

Relevant goals (when met) drive the team, department, and organization forward. A goal that supports or is in alignment with other goals would be considered a relevant goal.

A relevant goal can answer yes to these questions:

·         Does this seem worthwhile?

·         Is this the right time?

·         Does this match our other efforts/needs?

·         Are you the right person?

·         Is it applicable in current socio- economic- technical environment?

     T-Time Bound :

The fifth criterion stresses the importance of grounding goals within a time frame, giving them a target date. A commitment to a deadline helps a team focus their efforts on completion of the goal on or before the due date. This part of the SMART goal criteria is intended to prevent goals from being overtaken by the day-to-day crises that invariably arise in an organization. A time-bound goal is intended to establish a sense of urgency.

A time-bound goal will usually answer the question:

·         When?

·         What can I do six months from now?

·         What can I do six weeks from now?

·         What can I do today?

Some Examples of SMART Objectives :

Personal SMART Objectives

-          I will buy my house in July ,2015.

-          I will complete my MBA- Marketing by Sept,2015.

These two objectives are SMART. 

Professional SMART Objectives

-          Increase the production of Metal Slitters by 20 % from previous Financial Year to Current Year.