SMART

(noun)

Goal-setting criteria: Specific, Measurable, Attainable, Realistic, and Timely.

Related Terms

Examples of SMART in the following topics:

  • The Importance of Performance Targets

    • The SMART model is a good framework to keep in mind when generating goals and objectives.
    • It aims to design goals that are specific, measurable, achievable, realistic, and time-targeted (SMART).
    • Each component of the SMART model describes an effective attribute of a performance objective.

  • Overview of Strategic Planning Tools

    • Goal setting, similar to MBO and SMART, is a simple method for strategists to establish and enforce specific goals within the organization or strategic business unit (SBU).
    • The SMART model aims to design goals that are specific, measurable, achievable, realistic, and time-targeted (SMART).
    • The SMART model identifies specific goals, measures inputs and outputs, ensures that the goals are attainable and relevant to the mission of the company, and constructs a timeline.
    • Incorporating concepts such as forecasting and benchmarking in conjunction with larger corporate strategy frameworks such as SMART goals and MBO will equip strategists with a strong short-term and long-term approach.
    • Each component of the SMART model describes an effective attribute of a performance objective.

  • Setting the Right Goals

    • Goal setting involves establishing specific, measurable, achievable, realistic and time-targeted (SMART) goals.
    • The SMART method for goal setting effectively summarizes the necessary steps to take when setting objectives:
    • TMT (which draws from these two theories of time perspective and diminishing returns) and SMART goal setting together therefore tell us that to maximize motivation and therefore output, managers should divide projects into several more immediate, specific, and realistic sub-goals.

  • Setting Goals

    • Goal setting involves establishing specific, measurable, achievable, realistic, and time-targeted (S.M.A.R.T. ) goals.
    • Setting goals involves establishing specific, measurable, achievable, realistic, and time-targeted (S.M.A.R.T. ) benchmarks for results.

  • Introduction: Physics and Matter

    • Consider a smart phone; physics describes how electricity interacts with the various circuits inside the device.
    • This knowledge helps engineers select the appropriate materials and circuit layout when building the smart phone.

  • Purpose of appraisals and creating an appropriate appraisal process

    • Drucker suggests that the objectives of any employee can be validated if they pass the following six tests (Management by Objectives—SMART, 2007):
    • The standards on which the objective is compared with should also be validated using the SMART method.

  • Articulation and Reflection

    • Smart is teaching a 12th grade AP U.S.
    • Smart decides to explore Articulation and Reflection further.
    • Smart realizes that politics are Articulation and Reflection.
    • Smart when she was younger.
    • Smart set up a mock election and debate within her classroom.

  • Digital Marketing

    • Internet connected devices are those such as web browsers, smart phones and game consoles.
    • Internet connected devices are those such as web browsers, smart phones and game consoles.

  • Where does innovation come from?

    • A good example of this type of innovation is the smart phone.
    • From this perspective, the operation of a smart phone can be viewed as a combination of the functions associated with a mobile phone and the functions of a personal digital assistant (PDA).
    • In a more recent offering, a smart phone combines the functions of PCs and Macs through applying the software and operating systems of each.
    • As a result, consumers can access their current knowledge about existing products and then easily grasp the "smart phone" concept.

  • The Importance of Addressing Opposing Views

    • When you encounter dissenting opinions, try to figure out why smart and rational people would hold those positions.
    • Try to figure out why smart and rational people would hold those positions.
    • Imagine that this reader is smart, informed, has thought carefully about the issue, and has reached a totally different conclusion.