SMART Key success factors in strategic planning
SMART is a mnemonic acronym, giving criteria to guide in the setting of objectives, for example in project management, employee-performance management and personal development. Key success factors in strategic planning. The letters S and M usually mean specific and measurable. The other letters have meant different things to different authors, as described below. Additional letters have been added by some authors.
Strategic planning is important to finish program/project is good planing. There 5 things you should know.
S = simple means specific, focus,
M = Measurable means used specific benchmark which can be achieved by team
A = Achieable means can be achieved, can weigh whether the future can be achieved or not
R = Reasonable means can be explained, in a sense related to the measurement of power, resources and supporting factors are projected in the target.
T = Time frame means measures when the time is right for achieving targets
These 5 things called as S.M.A.R.T.
Notice that these criteria don’t say that all objectives must be quantified on all levels of management. In certain situations it is not realistic to attempt quantification, particularly in staff middle-management positions. Practicing managers and corporations can lose the benefit of a more abstract objective in order to gain quantification. It is the combination of the objective and its action plan that is really important. Therefore serious management should focus on these twins and not just the objective.