SMART

 

Good company in a journey makes the way seem shorter. — Izaak Walton

Planning involves deciding beforehand, what is needed to be done, when is it to be accomplished, how it is to be done and who is going to do it. It is an intellectual process which lays down an organisation’s objectives and develops various courses of action, by which the organisation can achieve those objectives. It chalks out exactly, how to attain a specific goal.

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It is an intellectual process which lays down the objectives and develops various courses of action, by which enables you to achieve those objectives. It chalks out exactly, how to attain a specific goal.

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1. Make Sure Your Goals Are SMART

SMART goals give you clarity and a deadline for achieving them.

Specific Measurable Attainable Relevant Time

Specific: Clearly defined goal. “I want to save more money,” is vague. “I want to save $500 per month,” is specific.

Measurable: Quantify your goal so you know you achieved it. You should be specific. What constitutes “more” in more money? A specific dollar amount is measurable. “I want to save $500 per month”.

Attainable: It’s good to set goals that make you stretch and challenge yourself, but you set yourself up for frustration and failure if your goal is impossible. “I want to save $2000 per month.”

Relevant: Your goals should fit within your ultimate plans in life. “I want to adjust my spending to be able to save $500 per month.”

Time: You’ve set a date by which your goal will be achieved. “I want to adjust my spending to be able to save $500 per month by December 15, 2022.”