SMART – We have heard this many times in management presentations and/or have been advised that our goals should adhere to this standard.
So what is SMART goal –
S – Specific
M – Measurable
A – Attainable
R – Relevant
T – Time-bound
Also, the goals should answer these questions (W’s) –
*Who: Who is involved?
*What: What do I want to accomplish?
*Where: Identify a location.
*When: Establish a time frame.
*Which: Identify requirements and constraints.
*Why: Specific reasons, purpose or benefits of accomplishing the goal.
Looks good. Now look a the Supper Committee that was formed in US to cut the deficit and analysis from HBR blog post what happened.
- Common goal + separate agendas = failure
- Beware of Silos
- Manage SMART goals by checking for agenda conflict and changing incentives.
The Super Committee’s Two Failures
Morten T. Hansen
Tue, 22 Nov 2011 21:54:20 GMT