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The full form of SMART is Specific, Measurable, Achievable, Relevant, and Time-bound. In the corporate environment, the abbreviation SMART is frequently used to create goals and objectives. The acronym’s letters stand for;
- Specific: Well-stated and precisely defined
- Measurable: Capable of measurement or monitoring
- Achievable: Practical and reachable
- Relevant: Complements the organization’s overarching mission and aims.
- Time-bound: Has a specific deadline for completion
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What SMART Technique is All About?
The management acronym SMART is used to express goals. Aim-setting criteria, including project management, staff performance management, and personal development, are provided by the acronym SMART. An article by George T. Doran titled An S.M.A.R.T. technique to write management’s goals and objectives appeared in the November 1981 issue of Management Review.
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Usage and Effectiveness of SMART Technique
SMART is a framework for goal-setting that makes sure they are specific and doable. Here are a few typical applications for SMART:
- SMART goals are frequently used in businesses and organizations to define objectives for staff members and teams. For instance, a sales team can decide to aim for a 10% growth in revenue in the upcoming quarter.
- People may use SMART goals to create objectives for their own personal growth, such as gaining new knowledge or increasing their level of fitness.
- SMART goals may be used in project management to create targets for projects to make sure that project objectives are distinct and reachable.
There is evidence to support the idea that following the SMART criteria while defining goals can aid individuals in achieving their goals. The efficiency of the SMART approach will, however, rely on a number of variables, including the individual’s motivation, the degree of difficulty of the objective, and the resources available.
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