![]() They keep your team motivated: Having goals to work towards keeps team morale high, and gives everyone a reason to focus on the bigger picture.Įspecially if goals are incentivized with an annual bonus scheme - definitely something to think about if you want to make sure your team is doing their best to achieve their goals.Especially if you’re using a platform that allows your team to collaborate with each other while they’re working towards their shared goals. There’s no room for interpretation, so everyone will be on the same page, working toward the same goal.Īs a result, your team will be much better aligned. They provide clarity: SMART goals are clear and concise.So let’s take a look at some of the benefits in more detail: There’s a reason businesses have been using SMART goals for decades - they work. What are the benefits of using SMART goals? Now we’ve broken down what a SMART goal is and what the acronym stands for, let’s take a look at some of the pros and cons of using them. Gantt charts are a great way to display various timelines in one project, so you might want to think about using one to display a SMART goal that’s broken down into milestones. Whether that’s at the end of each quarter or the end of each year, you must include a time frame so that you have something to work toward.Īnd if you have a long term goal, you might want to break it down into smaller time scales to lessen the load. To avoid that painful scenario, all SMART goals must have a set date for completion. ![]() Now that’s a scary thought - a goal with no end in sight. Without a deadline, who knows when a goal is accomplished, if ever? Time-boundĮvery SMART goal must be time sensitive. So instead of creating a SMART goal that focuses on growing your existing customer base, you might want to implement a specific goal that focuses on reaching customers from the new market.Īs a result, you’ve got a relevant goal that’s contributing towards the overall success of the company. Imagine your company has a KPI that involves breaking into a new market. This means aligning goals with the company’s overall objectives and key performance indicators (KPIs), bringing you closer to defined success. SMART goals are always relevant to the bigger picture. Ultimately whatever you decide to do, you need to make sure that you’re creating a realistic goal. If it’s not, you need to reconsider a more realistic number. If you think it’s attainable, you need to outline how you plan to achieve it. It’s a big jump going from 150 one year to 500 the next year, so you need to think about if this is realistic. So this year, a realistic goal might be to onboard 300 new clients - but ideally, you want to be hitting closer to 500. Last year, your company onboarded 150 new clients. So it’s really down to whoever’s setting the goal to make sure that line isn’t crossed. There’s a fine line between creating a goal that’s unrealistic, and creating a goal that pushes your team to do better than before. If the answer is ‘no’, you might want to rethink it. When you’re creating your next goal, ask yourself this:īased on experience and the resources you have available, is this goal realistic? To be SMART, you must have an achievable goal. Much easier than manually trying to keep on top of it, don’t you think? With the help of our software, you can track the progress of your goals and see how they’re ticking along. Top tip: a great way to keep track of measurable goals is to use work management software, like. You need that measurement in place to determine when the goal is complete.īy having success measures in place, you can easily see how your goal is progressing, if it’s on track to be delivered as expected, and when it’s accomplished. How will you know when you’ve hit the goal? Now picture the goal without the 20% increase. We can clearly see that an increase of 20% in sales means that the goal is accomplished. If you’re setting goals, you need to have a measurement in place to determine success. ‘My goal is to achieve a 20% increase in sales in the next 3 months by improving the customer experience.’ĭoing this removes any possibility of misinterpretation, and makes the outcome 100% clear for everyone involved. Think about the specifics, and you’ll have something more like this: How do you plan to increase sales? How much increase would you like to see? What’s your deadline? That’s great, but there are still a lot of questions unanswered. A vague goal just won’t cut the mustard in the SMART framework.įor example, imagine you have a goal that says: Your goals need to be simple, clear, and specific. So let’s break down the SMART criteria: #1.
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