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Mastery Mondays

Personal Development

SMART Goals

Do you struggle with writing goals? I know people on both sides of the fence - some who love goal setting and make it into a whole process. They get a fancy notebook and set themselves up for an afternoon of goal setting and journaling. 

Then there are other people who hate setting goals and never do it!

I would say I’m kind of in the middle - I don’t make it fancy, but I do like to set goals. I usually feel very listless if I’m not working towards a goal. It gives me a sense of purpose.

When I set goals, I always try and use SMART goals. I know that’s a fairly common acronym these days, but if you’re unfamiliar with it, it stands for:
S - Specific
M - Measurable
A - Attainable
R - Realistic
T - Timely. 

Creating a SMART goal ensures that your goal is all of those things which are so important when measuring progress.

Think about it - if you create a goal without a timeline or way of measuring success, then how will you ever know if you accomplish it!?

If you create a goal that is so unrealistic, the chances of you even trying are pretty slim to none.

Putting these parameters into place will help you to actually achieve your goals - so next time you are in the goal setting mood, make sure you make them SMART goals!

Interesting Fact #1

SMART is an acronym that stands for Specific, Measurable, Achievable, Realistic, and Timely.

SOURCE

Interesting Fact #2

Goals are part of every aspect of business/life and provide a sense of direction, motivation, a clear focus, and clarify importance. By setting goals, you are providing yourself with a target to aim for.

SOURCE

Interesting Fact #3

Specific: Well defined, clear, and unambiguous Measurable: With specific criteria that measure your progress toward the accomplishment of the goal Achievable: Attainable and not impossible to achieve Realistic: Within reach, realistic, and relevant to your life purpose Timely: With a clearly defined timeline, including a starting date and a target date. The purpose is to create urgency.

SOURCE

Quote of the day

“Aim higher in case you fall short.” ― Suzanne Collins

Article of the day - SMART Goals

 

Key Takeaways

  • SMART goals are Specific, Measurable, Achievable, Relevant, and Time-bound.
  • They allow you to write goals that are clear, attainable and meaningful.
  • Having clarity in your goal-setting provides the motivation and focus you need to be successful.
The trouble with not having a goal is that you can spend your life running up and down the field and never score.– Bill Copeland

Do you ever feel like you're working hard but not getting anywhere? Maybe you see little improvement in your skills or achievements when you reflect on the last five or 10 years. Or perhaps you struggle to see how you'll fulfill your ambitions during the next few years.

Many people spend their lives drifting from one job to another, or rushing around trying to get more done while actually accomplishing very little. Setting SMART goals means you can clarify your ideas, focus your efforts, use your time and resources productively, and increase your chances of achieving what you want in life.

In this article, we'll explore what SMART goals are, and we'll look at how you can use them to achieve your objectives.

What Are SMART Goals?

SMART is an acronym that you can use to guide your goal setting. To make sure your goals are clear and reachable, each one should be:

  • Specific (simple, sensible, significant).
  • Measurable (meaningful, motivating).
  • Achievable (agreed, attainable).
  • Relevant (reasonable, realistic and resourced, results-based).
  • Time bound (time-based, time limited, time/cost limited, timely, time-sensitive).

Its criteria are commonly attributed to Peter Drucker's Management by Objectives concept. The first-known use of the term was in the November 1981 issue of Management Review by George T. Doran. Later, Professor Robert S. Rubin (Saint Louis University) wrote about SMART in an article for The Society for Industrial and Organizational Psychology. He stated that SMART has come to mean different things to different people, as shown above.

Professor Rubin also noted that the definition of the SMART acronym may need updating to reflect the importance of efficacy and feedback. However, some authors have expanded it to include extra focus areas; SMARTER, for example, includes Evaluated and Reviewed.

What Are the SMART Criteria?

 

SMART Criteria

S

Specific

What will you achieve? What will you do?

M

Measurable

What data will you use to decide whether you've met the goal?

A

Achievable

Are you sure you can do this? Do you have the right skills and resources?

R

Relevant

Does the goal align with those of your team or organization? How will the result matter?

T

Time-bound

What is the deadline for accomplishing the goal?

How to Write a SMART Goal

Paul J. Meyer, businessman, author and founder of Success Motivation International, describes the characteristics of SMART goals in his 2003 book, "Attitude Is Everything: If You Want to Succeed Above and Beyond." We'll expand on his definitions to explore how to create, develop and achieve your goals:

1. Specific

Your goal should be clear and specific, otherwise you won't be able to focus your efforts or feel truly motivated to achieve it. When drafting your goal, try to answer the five "W" questions:

  • What do I want to accomplish?
  • Why is this goal important?
  • Who is involved?
  • Where is it located?
  • Which resources or limits are involved?

Example

Imagine that you are currently a marketing executive, and you'd like to become head of marketing. A specific goal could be, "I want to gain the skills and experience necessary to become head of marketing within my organization, so that I can build my career and lead a successful team."

2. Measurable

It's important to have measurable goals, so that you can track your progress and stay motivated. Assessing progress helps you to stay focused, meet your deadlines, and feel the excitement of getting closer to achieving your goal.

A measurable goal should address questions such as:

  • How much?
  • How many?
  • How will I know when it is accomplished?

Example

You might measure your goal of acquiring the skills to become head of marketing by determining that you will have completed the necessary training courses and gained the relevant experience within five years' time.

3. Achievable

Your goal also needs to be realistic and attainable to be successful. In other words, it should stretch your abilities but still remain possible. When you set an achievable goal, you may be able to identify previously overlooked opportunities or resources that can bring you closer to it.

An achievable goal will usually answer questions such as:

  • How can I accomplish this goal?
  • How realistic is the goal, based on other constraints, such as financial factors?
  • Example

    You might need to ask yourself whether developing the skills required to become head of marketing is realistic, based on your existing experience and qualifications. For example, do you have the time to complete the required training effectively? Are the necessary resources available to you? Can you afford to do it?

Tip:

Beware of setting goals that someone else has power over. For example, "Get that promotion!" depends on who else applies, and on the recruiter's decision. But "Get the experience and training that I need to be considered for that promotion" is entirely down to you.

4. Relevant

This step is about ensuring that your goal matters to you, and that it also aligns with other relevant goals. We all need support and assistance in achieving our goals, but it's important to retain control over them. So, make sure that your plans drive everyone forward, but that you're still responsible for achieving your own goal.

A relevant goal can answer "yes" to these questions:

  • Does this seem worthwhile?
  • Is this the right time?
  • Does this match our other efforts/needs?
  • Am I the right person to reach this goal?
  • Is it applicable in the current socio-economic environment?

Example

You might want to gain the skills to become head of marketing within your organization, but is it the right time to undertake the required training, or work toward additional qualifications? Are you sure that you're the right person for the head of marketing role? Have you considered your partner's goals? For example, if you want to start a family, would completing training in your free time make this more difficult?

5. Time-bound

Every goal needs a target date, so that you have a deadline to focus on and something to work toward. This part of the SMART goal criteria helps to prevent everyday tasks from taking priority over your longer-term goals.

A time-bound goal will usually answer these questions:

  • When?
  • What can I do six months from now?
  • What can I do six weeks from now?
  • What can I do today?

Example

Gaining the skills to become head of marketing may require additional training or experience, as we mentioned earlier. How long will it take you to acquire these skills? Do you need further training, so that you're eligible for certain exams or qualifications? It's important to give yourself a realistic time frame for accomplishing the smaller goals that are necessary to achieving your final objective.

Used with Permission from The Meyer Resource Group,® Inc.

The Pros and Cons of SMART Goals

SMART is an effective tool that provides the clarity, focus and motivation you need to achieve your goals. It can also improve your ability to reach them by encouraging you to define your objectives and set a completion date. SMART goals are also easy to use by anyone, anywhere, without the need for specialist tools or training.

Various interpretations of SMART have meant that it can lose its effectiveness or be misunderstood. Some people believe that SMART doesn't work well for long-term goals because it lacks flexibility, while others suggest that it might stifle creativity. For more information on the potential weaknesses of SMART, see our article, Locke's Goal-Setting Theory.

 

Frequently Asked Questions About SMART Goals

What does SMART stand for?

SMART stands for Specific, Measurable, Achievable, Relevant, and Time-bound.

What about SMARTER goals?

In this expanded acronym, the E stands for Evaluated, and the R for Reviewed.

Who invented SMART goals?

 

The SMART goals concept is commonly attributed to Peter Drucker, author of Management by Objectives. The first-known use of the term was in the November 1981 issue of Management Review by George T. Doran.

What’s an example of a SMART goal?

Let’s say you’re a marketing executive, and you think you'd like to become head of marketing. This is a specific goal. You might measure your goal of gaining the skills to become head of marketing by deciding it will take five years. Ask yourself whether gaining these skills is achievable, based on your existing experience and qualifications. Are you at the right point in your career? Is it relevant to what you want? Give yourself a realistic time frame for accomplishing the smaller goals that are necessary to achieving your final objective.

 

How do I write a SMART goal plan?

  • Start by asking exactly what you need to accomplish. This will make your goal specific.
  • Quantify your goals. Measurable goals are easier to track, so build in milestones.
  • Your goal should be achievable. Is this something you can do with the resources at your disposal?
  • Think why you’re setting this goal. How will it improve your life or career? This is what makes it relevant.
  • Know exactly when you’ll have reached your goal. Have a firm schedule, and stick to it.

Question of the day - What aspect of goal setting do you struggle with the most?

Personal Development

What aspect of goal setting do you struggle with the most?