Today, we would like to share with you a method that we use daily in-house. Because every company has many challenges to face, we thought it would be relevant to remind you what the SMART method is. We use it in particular when we set our objectives in the context of negotiating framework contracts with suppliers.
“If you can’t measure it, you can’t improve it.”
Peter Drucker
Image source: https://www.blogdumoderateur.com/smart-methode-atteindre-objectifs/
What are the SMART goals?
Each letter describes one of the attributes that the set objectives should represent.
S
For "Specific
The objective must be clearly defined and precise.
M
For "Measurable
To know if the objective has been reached, it is necessary to quantify in order to measure. The use of KPIs is strongly recommended.
A
For "Attainable
Consider whether the resources provided are sufficient and be aware of the team's skills.
R
For "Relevant
The objective set must be profitable for the company and must come at the right time
T
For "Temporal
The objective must be defined and limited in time and therefore with a deadline
The benefits of the SMART method
There are many benefits for both the company and the employees.
The implementation of SMART goals allows to:
Better manage employees and their progress
Communicate more easily with the different actors of the company
Align strategy by making decisions and actions consistent
To measure and increase the company's performance
To use company resources efficiently
To better understand the actions to be taken
Motivate employees to achieve their goals
Increase employee engagement
To feel satisfaction when the goal is reached
Smart Method
In short, any objective can be refined using this SMART method, which guarantees the effectiveness of the actions taken. This results in time and energy savings, with guaranteed results.