Mr. Stewart gave each of us a piece of paper with an instruction to write one of our life’s goals. After ten minutes, he collected the papers. You know what? Every piece of paper was crumpled except for Annie’s –“By September 2nd of 2009, I will position myself for a minimum raise of 9% of my salary by reducing the department’s budget by 9% but increasing its sales by at least 9%”. Then, with a smile, Mr. Stewart said: “Ladies and gentlemen, we have an example of a smart goal version of saying I want a raise!”
Smart goals? Yes, you heard it right. Here are some 101’s on these goals and some examples of smart goals:
• Specific. You know what you want to accomplish. Vague goals equate to vague results. Goals must be fully furnished with detailed description of the what, when and how.
Vague goal – I will graduate;
SMART Goal – I will graduate Magna Cum Laude in four years time. I will commit myself to studying to get a minimum 3.679 grade-point average in all my subjects.
• Measurable. You can assess your progress. Goals which can not be measured can not be managed. Your goal is measurable if anyone can tell you at the end of the deadline, whether or not you have completed your goal.
Vague goal – I want to be successful;
SMART goal – I want to have a savings account with at least $500,000 within 5 years from this date.