What is Smart?

It was ironically pointed out this morning “smart” has two meanings:
1.  to be smart – intelligent, thinking, clever – which is what was intend here
2. that smart – a sharp, local, and usually superficial pain – perhaps both are appropriate?
It takes time and effort (and commitment) to put in place smart goals and smart accounting principles but any pain is ALWAYS superficial, especially after the benefits are flowing.
Bearing in mind that any pain to set-up the processes for collecting the data, sifting and collating, making projections, drawing conclusions, and delivering information eventually result in achieving your GOALS.
And this is where we get back to SMART; if you know your goals, set them clearly using the S.M.A.R.T acronym then it is easy.  Take the time to make your goals are:

  • S – Specific
  • M – Measurable
  • A – Achievable
  • R – Realistic
  • T – Timely

then take the effort to ensure that you do the measurements, track your progress and adjust accordingly.
It is then almost impossible to fail to establish lasting business improvements across people and systems – the pain is finished and the clever part starts…

How do you define Smart or use SMART goals?

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