S.M.A.R.T.E.R. GOALS – LINKING YOU TO DESTINY By Shayo Imologome FCA, MBA

So Christmas and the New year holidays are over and everyone has by now settled back at work. For most organizations and businesses this is the time to finalize the objectives, goals and strategies for the year. And even as individuals, if you want to be productive and advance in life this year, its also a good idea to set your own objectives and goals for the year as well.

We have all probably heard the acronym SMART, well here is a brief write up on what it means, and there are variations of the acronym, SMARTER, SMARTEST etc. I prefer to keep things simple so I’ll stay with SMARTER, which I think you will find helpful.

For each characteristic I have attached some simple questions that will help in explaining what each one means. This list is not exhaustive and neither is it cast in stone, so you can add or remove any, use whatever works for you. Whether as an individual or as a business or organisation, failing to plan is planning to fail, so the best way to achieve your dreams or corporate visions and/or fulfill your destiny is to be very deliberate about it, so set your goals and remember to aim high!

Setting ‘SMARTER’ goals!

SMARTER GOALS

S = SPECIFIC, SIGNIFICANT AND STRETCHING

Specific = What exactly IS the goal? Here you will need to answer all the “W” questions, What, Who, Where, When, Which and Why?

Significant = Why do we care about the goal?

Stretching = Will it stretch our capabilities and help us improve and develop?

M = MEASURABLE, MEANINGFUL AND MOTIVATIONAL

Measurable = Can we measure our progress?

Meaningful = Is there a rational reason for doing all this? It shouldn’t be an exercise in futility that leads to nowhere.

Motivational = Do the goals motivate or inspire you and your team to achieve them? Will there a reward or some kind of gratification or satisfaction at the end\?

A = ACHIEVABLE, ACTION-ORIENTED AND AGREED UPON

Achievable = Can we really do this? Is it a challenge but still possible to accomplish?

Action-oriented = It should be based on actions and activities within our control.

Acceptable and Agreed upon = Does everyone in the team accept and agree on the what, how and when?

R – RELEVANT, REASONABLE, RESULT ORIENTED

Relevant = Is this activity really worthwhile? Will it lead to the improvement of something or help us make progress towards a bigger objective in some way?

Reasonable = Is what we are planning to do reasonable considering the available resources; money, time, manpower etc?

Result-oriented = After all the fuss and drama, whats the desired result?

T – TIME BASED, TRACKABLE

Time-based = How much time do we have to do this? How long is it supposed to take? How much tine has been allocated to each stage.

Trackable = Are there milestones that we can use to track progress against time

E – EVALUATED AND EDUCATIONAL AND ETHICAL

Evaluated = Can it be evaluated? Can we compare the desired results against the actual results to see that we achieved against what we planned to do in the first place?

Educational = What will we learn from the experience?

Ethical = I hope we are not breaking the law?

R = REVIEW, REWARD AND RECORD

Review = At the completion of the goal, can we review the entire process and determine whether it was a success or failure? Can we determine what we did right and what we did wrong? If we were do do it again, what would we do differently?

Reward = after all said and done, what are we getting out of this? If we succeed what do we stand to gain?

Record = Can we keep a documented record of everything we have done?

Remember to be specific and deliberate. Don’t set too many goals, trying to achieve too many things at the same time may prove to be counter- productive. Its better to finish with two or three then move on to something else. That will also help you psychologically because you can tick off accomplished tasks as progress.

Write the goals down in a summary, or you could create a vision board, screen saver, a poster on the notice board etc, whatever you choose to do, make sure something physically visible is before you and your team members eyes on a daily basis as a reminder and also to inspire you to get them accomplished.

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Thank you for reading my post. This is another one in the series of write -ups I will be sharing based on my many years of experience working with corporate organizations here in Nigeria. If you want to read more, please click the“Follow” button. Thanks!

References

  1. Smart Goals ~ By Duncan Haughey, https://www.projectsmart.co.uk/smart-goals.php
  2. Activation TriggersTM to each your goals this year ¬ by Micheal Hyatt, https://michaelhyatt.com/activation-triggers.html
  3. Go Beyond SMART to SMARTEST Goals, by Scott Crabtree, https://www.happybrainscience.com/smartest-goals/
  4. Monitoring, Review and Evaluation http://www.scvo.org.uk/running-your-organisation/finance-business-management/business-and-strategic-planning/monitoring-evaluation-review/

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