Page 185 - CL Armchair Case
P. 185

SMART objectives


               SMART objectives make it easier to assess if targets

               have been met


                       Specific is there enough detailed information to

                       identify problems or opportunities? Is the objective

                       detailed enough to measure problems and
                       opportunities?


                      Measurable can a quantitative or qualitative

                    attribute be applied to create a metric?


                      Achievable: can the information be used to improve

                    performance?


                      Relevant: can the information be applied to the
                    specific problem faced by management?



                      Time-framed: can objectives be set for the different

                    time periods as targets to review against?



               An objective that follows SMART is more likely to succeed

               because it is clear and measurable. Moreover, it is seen as

               achievable based on the available information and relevant

               because it is founded on identified problems. Finally, the

               timescale element provides milestones at which tasks

               should be completed.
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