IT'S NOT ABOUT IDEAS.
IT'S ABOUT MAKING IDEAS HAPPEN.
Build Smart Goals
A goal is what success looks like. You don’t operate in business for long without hearing about SMART goals (Specific, Measurable, Achievable, Relevant, and Time-bound). They are more challenging to formulate and execute than the mnemonic implies but they are worth it.
This tells where the organization is going and how it plans to get there and where it will be in future.
Choose The Right Strategy
Strategy is the approach you plan to take to achieve a goal. It takes into account the barriers, resources needed, and actions to take that will deliver value to your customers. Your strategy is an extension of the achievable and time-bound aspects of setting a successful measurable goal.
Once a strategy is decided upon, we can look to what skills, tools, and resources are needed to execute the strategy.
Identifying The Objective
An objective is a measurable step taken to achieve a strategy, and like a strategy, it also accounts for existing barriers and resources. “Measurable” is the keyword in that definition. Objectives should be tied to Key Performance Indicators (KPIs) – a metric that helps you interpret how you are doing against your objectives.Let’s continue to draw from the example in the previous articles. So far, we have established a SMART goal and selected a strategy.
Craft The Plan
A goal with a timeline is known as a plan. The goals define what needs to be done, in terms of the steps, timeframes, people, and resources needed to achieve the objective. You should develop a plan with a timeline for all the objectives you defined.
the team reviews the plan and assigns dates and staff to the tasks. Now, that everyone knows what they are expected to do when and why we can make progress towards our SMART Goal.
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