3 The purpose of this exercise is to IntroductionThe purpose of this exercise is tohelp you createSMART Goals.
4 Identify 4-5 Key Goals/Responsibilities for 2012: 1. 2. 3. 4. 5. Goal Setting ExerciseIdentify 4-5 Key Goals/Responsibilities for 2012:126.96.36.199.5.
5 Goal Setting ExerciseUsing the guide on the next page, evaluate whether yourkey goals/responsibilities are SMART or not:SMART Not SMART188.8.131.52.5.
6 s M A R T SMART Goals Specific: Measurable: Attainable: Relevant: With clearly stated and defined actionsMMeasurable:With measurable outputs defined according to criteria (quantity, quality, time)AAttainable:Achievable and realisticRRelevant:Aligned to the business needsTTime Bound:Within a clear time-frame
7 SMART GoalsSQuestions to Consider…WHO needs to be involved?WHAT needs to be accomplished?WHERE will this happen?WHEN does this need to happen?WHICH strategies will be used?WHY is accomplishing this goal necessary?Specific means the objective is concrete, detailed, focused and well definedContains an action verb that leads to a specific outcomeDefines some or all of the following:Who? What?Where? When?Which? Why?
8 SMART GoalsMQuestions to Consider…How many measurements are needed?How will I know when measurements have been achieved?Can objectives be met given the changes in circumstances?Establish concrete criteria for measuring progress toward attainment of the goalMeasures should inspire, encourage and motivateMeasurements help you and others recognize when objectives have been accomplishedWhat is not measured, can’t be managedAs changes occur, interim measures may be necessary
9 A SMART Goals Purpose of achieving goals is to inspire & motivate Objectives should stretch & challenge your capabilities, but must also be within your reachOpportunities to develop attitudes, abilities, skills and capabilities to accomplish the goal must be consideredObjectives must not stretch you to the point of frustration or loss of motivationQuestions to Consider…Can this be done in the proposed time frame?Do I understand the limitations and constraints?Is this possible if I fully apply myself and my resources?
10 SMART GoalsRQuestions to Consider…Do you have the resources available to achieve this objective?Do I need to revisit priorities to make this happen?Is it possible to achieve this objective?Is your goal challenging but within reason?Relevant goals represent an objective toward which you are able & willing to workAchievement of objectives require resources (e.g. skills, money, equipment) to achieve desired outcomesMost objectives are achievable but may require a shift in priorities to make them happen
11 SMART GoalsTQuestions to Consider…What information needs to be collected to measure progress?When will this objective be accomplished?Is the goal time bound? Is there a stated deadline?When are the significant milestones due?The goal should outline consistency, frequency, fairness and timingDeadlines should be both achievable & realisticSetting deadlines creates sense of urgency and keeps you motivate to take prompt action
12 SMART Format Suggested format for creating SMART Goals: By <INSERT DATE – Trackable>, <INSERT WHO> have <INSERT WHAT – Specific + Action verbs> resulting in or with the result <INSERT RESULTS – Measureable, Achievable, Relevant>Example of SMART Goal:By end of Q1 2012, all Watson employees will be trained on setting SMART objectives, resulting in 80% completion rate of participants entering SMART objectives in the 2012 PMP Process.1212
13 Is it a SMART Goal? SMART Goal? By May 1st, I will have researched a variety of marketing approaches and created a list of three possible solutions for the new product launch.
14 Is it a SMART Goal? SMART Goal? YES! Breakdown of GoalSMART Goal? YES!By May 1st, I will have researched a variety of marketing approaches and created a list of three possible solutions for the new product launch.Specific – states the action (researched marketing approaches and created a list of possible sollutions)Measurable – Tracking number of approaches researched and identifying three possible solutionsAttainable – Time frame notedRelevant –Researching marketing approaches and finding solutions are requirements of the positionTime-Bound – by May 1st