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SMART Business Objectives

This is ‘How To Business Strategy’ covers the art of defining your business objectives.  I’m not so keen on the term SMART Objectives only because it is so over used that I don’t think it helps that much.  This template below is more definitive.  Have a look then have a go …

Feel free to request the templates laura@thehiddenedge.co.uk. I am happy to share.

1. Recognise the importance of the Business Vision, the Mission and the Business Values to business objectives

Define Business Objectives.002

2. Identify the 3-5 critical success factors for your business and the key performance indicators in relation to those

3. Use the following template to create strategic objectives and specific objectives for projects or teams.

a. Start with an action verb

b. Describe the activity

c. Identify the current position – where you are now

d. Specify where you would like to be – your intended position

e. Give yourself a deadline

Defining Business Objectives.001

Please do share your experiences with this model in the comments below.  I am building a portfolio of small business case studies and would love to include examples of what has worked well for you.

PS – If you need further help then give me a call on 07962 626604 to arrange a Skype session with me.

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