In this tutorial, you will be able to learn the following:
A. What are SMART Objectives?
B. How to apply SMART Objectives to your business goal setting
C .What is SWOT Analysis?
D. How to apply SWOT Analysis to your business goal setting
E. Summary
A. What are SMART Objectives?
SMART Objectives is an effective way of setting objectives or goals in any workplace and business setting because you know what you are trying to achieve. It is an acronym that stands for:
Specific
- What do I want to achieve?
- Why do I want to achieve it?
- Who will help me?
- Where will I achieve it?
Measurable
- How much?
- How many?
- How will I know when it has been achieved?
Achievable
- How can the goal be achieved?
- How is realistic is the goal based on other limitations?
Relevant
- Does this have a value or importance?
- Is this the proper time?
- Does this match my other efforts and needs?
- Am I the right person?
- Is it applicable in the current socio-economic environment?
Time-bound
- When?
- What can I do six months from now?
- What can I do today?
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AchuthanN1
Premium
Yes, SMART and SWOT analysis is very useful in goal setting. Thank you for your tutorial. Great job.