What are SMART goals and how do you set yours?

Adhering to the concept of SMART Goals is an excellent idea for those who want practical results in a short period of time for a given business.

This is because SMART goals have 5 main metrics, which aim to increase the chances of success and reduce the time to achieve a certain result.

But does this approach work for every type of business? How to apply the concept in a practical way?

In today’s material we will see some important information on the topic, in addition to talking about implementation in a company. Continue reading!

Understand the concept of SMART Goals

Have you ever stopped to think about how a company can achieve results? Obviously success does not depend on crazy ideas that work (at least not every time),

The truth is that, if you intend to achieve a result, you must invest in planning and metrics to increase the chances of success.

But how do you find these metrics? With SMART Goals you can greatly speed up this process.

SMART Goals were created by George Doran, in 1981, with the main intention of facilitating the process of achieving results through simple, but very important goals.

Discover these metrics now:

(S) Specific

It’s very difficult to hit the target when it doesn’t even exist. And by that, we mean that you will hardly be able to achieve results with your business if you don’t focus on something specific.

This is because, although a “free” or comprehensive approach can bring results, they tend to take longer, or even not get you exactly where you intended.

Therefore, the first metric of SMART goals is “Specific”, that is, your goal must be designed based on something particular.

(M) Measurable

When creating a goal, the first thing we think about is the result. But what is this result?

The truth is that most managers give up this assessment, thinking that the results will come on their own.

But, when you measure your goal, you are more likely to work in an organized manner, which offers greater guarantees.

(A) Assignable

Doing everything alone seems like a huge temptation for those who trust their own bat, but, no matter how brilliant you are, not everything can depend solely on your commitment.

A good goal must be assignable, that is, you must know exactly who this project can be delegated to.

Remember that the right hands are those capable of delivering the best possible result within their own skills and competencies. There is no point in giving the bees grass and waiting for honey!

(R) Realistic

I know you’ve heard the story that Facebook was created in a garage by a group of college students.

You probably even believe that this is proof that a brilliant idea can emerge without any resources.

But, believe me, it’s not quite like that. It is important that your goal is realistic according to your reality and possibilities.

The probability of a brilliant idea without resources being successful is not that high, so bet on something viable.

(T) Temporal

A good project is one that has adequate planning as a basis, and this involves time.

Your goal should be evaluated based on the time in which you intend to achieve results or at least have each stage completed.

This way, things stop being abstract, having a greater chance of leaving the field of ideas and becoming something concrete.

++Home Buying Checklist: What to Consider Initially? – valuedyou.com

Tips for creating SMART goals for your business

As we saw previously, following SMART goals is an excellent path for those who want to escape the “open world” and enter the single corridor of success.

Furthermore, you also know what SMART goal metrics are and how important each one is to the result.

However, applying this concept may not be so simple for those who have never had contact with it before.

Therefore, here are some tips for putting metrics into practice in your business:

1. Don’t give up on planning

It may seem obvious, but it is completely impossible to apply SMART Goals without detailed and adequate planning.

This means that there is no point in just following the metrics without carefully evaluating each step.

So, start by putting your mind to work, and don’t give up on the previous project.

2. Involve your partners/collaborators

There is no point in stipulating metrics if you just follow them. Your collaborators/partners must be aligned with your objectives.

Therefore, make a point of involving them in all stages of the project, listening to their opinions, collecting contributions and assigning tasks.

3. Understand the importance of the process for SMART Goals

No matter how well thought out the steps of your project are, everything can go down the drain if you don’t know how to respect the process.

A seed does not become a tree in one day, and an ambitious idea will not bring results when the sun rises the next day.

Therefore, be patient and know how to wait for each stage of your project to progress.

This way, applying SMART goals will make more sense, and will certainly offer better results!

+Read also: Master the Essential Skills for Success (valuedyou.com).