Over the seven years that I’ve been running Flintloque, I’ve lost count of the number of times that I’ve introduced my customers to a really useful, simple idea known as the ‘SMART’ acronym for targets. While it is a truism to say that all organisations have targets, aims, goals, objectives, whatever one wants to call them, it is not true to say that everyone within each organisation can define clearly and unambiguously what those targets are, and that often includes members of the management team.
When looking at a target, be it organisational, departmental or personal, a helpful question to ask is: “How will everyone know when we’ve hit the target/reached the goal/succeeded?” Not only can the use of the SMART acronym help to provide the answers, it can be of great help when formulating the question, goal, target, etc., in the first place. There are a number of different terms that can be associated with each of the letters within the SMART acronym and the list that Flintloque uses is:
S – specific
M – measureable
A – agreed
R – realistic
T – timed
One problem that I come across regularly is the acceptance of the same target from Board level to the ‘coalface’. Now, I’m not saying that all targets shouldn’t lead the organisation to the same place, merely that how one defines a target strategically is not, necessarily, a useful, workable definition when it makes it to the coalface. For example, the strategic decision to ‘enter a new market and grow sales therein by 25% in the next 12 months’ may be great in the Board Room, but the phrasing should be different when it is communicated to a different audience. What targets must the department hit to enable the strategic goal to be reached? What targets must each individual meet to move their department towards the Board’s objective for the organisation as a whole?
The use of the SMART acronym helps management to clarify how targets are to be delivered at all levels within the organisation, preventing targets that are perfectly clear at the upper levels making it un-adjusted to the lower levels where, because there are silent on the actual method of measurement and delivery, they are largely meaningless. To manage correctly and successfully on an on-going basis, one must define goals and provide objective evidence that they have been achieved. Making targets SMART is not only a wise habit to develop, it is essential if one is to run an efficient management system of whatever kind.