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.”
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.
The objective must be clearly defined and precise.
To know if the objective has been reached, it is necessary to quantify in order to measure. The use of KPIs is strongly recommended.
Consider whether the resources provided are sufficient and be aware of the team's skills.
The objective set must be profitable for the company and must come at the right time
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:
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.