SMART Goals: Achieving Success Through Considerable Efforts - Essay Sample

Introduction

Considerable efforts need to be in place when striving for growth and developmental improvements in regards to business ventures. The need to implement SMART goals as a measure of success is an important developmental tool. Adequate resources and inputs need to get enacted to achieve such a feat and a supportive action plan.

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SMART Goals

For any elaborate success to achieved by an organization or an individual, there is a need for considerable action-taking. Such efforts mandate the need for consistency and efficiency practice in the form of elaborate systems put in play. SMART goals are used as guide points in which the successful application of its features mitigate loss while imposing an improved set of lifestyles (Sull & Sull, 2018). Any business organization or individual can impose the benefits of SMART goals as a competitive measure to improve revenue earnings and sales acquisition. SMART stands for the notion of being Specific, Measurable, Achievable, Relevant, and Time-bound actions.

Being Specific involves adopting an action plan that aims to impose simplistic approaches to mitigate risks and impose easy understanding amongst workers. It also incorporates the use of reasonable and significant efforts that can be redefined and imposed on reasonable business ideas. Creating Measurable acclaims involves the need to impose creative and meaningful actions that motivate workers and business heads to strive more in their efforts to overturn possible risk ventures (Curko, Curic, & Vukšic, 2017). Creating Achievable goals and measures involves the imposition of agreed-upon objectives that are attainable, reviewed, and possible in any work situation. Such measures impose the need for a business venture to come up with Relevant and Time-bound initiatives for elaborate progress. It involves the incorporation of reasonable, realistic, and result-based measures that are time-based and cost-effective. Such measures impose the need for directors and employees to be time-sensitive when working in time-limited business environments that require an individual to be timely and precise on their actions and needs. As such, appropriate actions incorporate the use of SMART goals to impose ideal thinking with consistent objectives achievement.

Measuring Success

Attaining success in any venture imposes the need for elaborate strategies and sufficient workforce skills to accomplish them. As such, measuring success would, therefore, mean that successful impacts of the business venture are highlighted based on a given outcome and amount of knowledge and skills disposed on such sectors. When measuring success, it is also essential to acknowledge the implements that enable such (Sull & Sull, 2018). A successful business venture is one that earns considerable profits on a larger scale by imposing customer satisfaction and their needs. Such measures improve relationships leading to personal fulfillment. A satisfied entrepreneur would, therefore, create other avenues for equity earnings by outline the satisfaction levels of its customers, employees, and other stakeholders. Appropriate actions need to get imposed on the level of learning and knowledge skills implementation on the company’s activities. An individual is, therefore, capable of measuring success by creating and adopting an action plan that streamlines its interests and goals.

Conclusion

In summary, the implementation of SMART goals acts as a success measure on which relevant impositions are mandated. Appropriate actions impose a good entrepreneurial mindset in which customer satisfaction and skills acquisition are used as guide points. Such actions mandate business ventures to implement elaborate forms of measures for restrictive planning that are profit-based and timely.

References

Curko, K., Curic, T., & Vukšic, V. B. (2017). The Perspective of Smart Business Development. International Journal of Renewable Energy Sources, 2. http://www.iaras.org/iaras/filedownloads/ijres/2017/020-0005(2017).pd

Sull, D., & Sull, C. (2018). With Goals, FAST beats SMART. MIT Sloan Management Review, 59(4), 1-11. http://shorelinelabs.org/wp-content/uploads/2019/10/with-goals-fast-beats-smart.pdf