Most of us are trying to achieve something. In business it might be increased brand awareness, improving market share, or a lower cost per unit of production. In our personal lives it might be finishing a degree, losing weight, or saving for a vacation.
Using SMART objectives help us to measure our performance, make needed adjustments, and know when to celebrate success!
Specific: Exactly what do you want to achieve? The objective should not be vague, such as ‘increase sales.’ Depending upon your product and territory, a specific objective for an outside salesperson might be to ‘identify five new prospects each month.’
Measurable: How will you know if you’ve met your objective? Knowing your starting point and desired ending point determine whether you’ve achieved success. It also helps to measure progress along the way so adjustments can be made if needed.
Attainable: Is your objective realistic? Be careful, a challenge can be a good thing, but setting impossible objectives is asking for failure and problems with morale.
Relevant: Is the objective relevant to your overall mission? In other words, the desired outcome should be meaningful and contribute to the ‘big picture’ objectives.
Timely: What time frame is appropriate for your objective? Consider the size of the objective and the current workload. Allow time to achieve, but not so much that the objective is likely to be forgotten.