Your strategic goal may meet the SMART criteria but is it the SMARTEST framework for developing a strategy?

The popular acronym for goal setting is SMART which typically stands for:

  1. Specific:

Clearly define what you want to achieve, ensuring there’s no ambiguity.

  • Measurable:

Set criteria to measure progress and determine when the goal is achieved.

  • Achievable:

Ensure the goal is realistic and attainable within the given resources and constraints.

  • Relevant:

Align the goal with broader objectives, ensuring it matters and is meaningful.

  • Time-bound:

Set a deadline or timeframe for accomplishing the goal to create urgency and focus.

In my view, an aspirational goal should be the SMARTEST, explained as follows:

  1. Specific:

Goals should be clear and detailed, leaving no ambiguity about what you aim to achieve. A specific goal defines exactly what is expected, why it’s important, who is involved, where it will happen, and which constraints or conditions apply.

Example: Instead of saying “Improve sales,” a specific goal would be “Increase sales by 15% in the next quarter through online advertising.”

  • Measurable:

Goals must include criteria to measure progress and success. This ensures you can track your efforts and determine when the goal has been achieved.

Example: “Gain 100 new customers in three months” is measurable because it provides a clear numeric target.

  • Ambitious:

Goals should stretch and challenge you or your team, pushing you out of your comfort zone while remaining achievable. Ambitious goals inspire effort and creativity.

Example: Aiming to double your social media followers in six months rather than just maintaining growth.

  • Realizable:

Goals should be grounded in reality and achievable with the resources, knowledge, and time available. Unrealistic goals can lead to frustration and demotivation.

Example: Setting a goal to launch a new product in six months when the required research is only halfway complete.

  • Time-bounded:

Goals should have a deadline or a defined timeframe, creating urgency and preventing procrastination. Time constraints help prioritize efforts.

Example: “Complete the project by December 31, 2024.”

  • Engaging:

Goals should capture attention and generate enthusiasm. They should align with personal or organizational values and inspire action.

Example: A goal like “Launch a community-focused program that improves local literacy rates as measured by …” may feel more engaging than purely financial targets.

  • Simple to understand and articulate:

Goals should be easy to understand and communicate to others. Simplicity ensures everyone involved knows exactly what is required without confusion.

Example: “Improve customer satisfaction by 20% as measured by our NPS score in one year” is a simple and clear goal.

  • Transformative:

Goals should have a significant impact, leading to meaningful change or progress. Transformative goals are visionary and align with long-term aspirations.

Example: “Transform the organization into a leader as measured by market share in sustainable energy solutions by 2030.”

Each of these elements adds depth to the goal-setting process, ensuring goals are not only well-structured but also motivating and aligned with broader purposes. The difference between the traditional SMART acronym and the extended SMARTEST version lies in the inclusion of Ambitious, Engaging, Simple, and Transformative, which add depth by focusing on motivation, clarity, and the potential for significant change.

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