Time-Bound: Since I have set a deadline for this goal, I know that I have to reduce my formula implementing time to three hours by the end of next month. Reducing the time to half will allow me extra time for other activities.
Relevant: If I am spending six out of eight hours of my workday implementing formulas, more than three-quarters of my day is gone. Measurable: The progress can be measured with the decreasing time and the difference from the initial six hours.Īttainable: Using resources to learn more about formula application, and by practicing what I have learned, I can make this goal attainable Specific: Three hours to complete formula implementation I will use the MS Excel Guide to learn new methodologies for formula implementation.
Instead, that person can set smaller, more attainable goals, aim to make investments, and then aim for the million when it is more attainable.Īt this stage of goal setting, you will ask yourself if you have the resources needed to attain the goal that you are setting? If not, what are you missing, and how can you fill in the missing parts? Relevant Or take the person with a $2,000 monthly wage aiming to save up a million dollars. This is not only challenging, but it is not even safely possible. For instance, say your objective is to lose weight, and you set a goal to lose 20 pounds in two weeks. Your goals must challenge you and further push your limits, but they must not be impossible.
You can’t design a plan of action if you aren’t clear about what you want to achieve. They also need to understand how much time it will take. In that case, they will have to consider their options to see if it is even attainable and if such a huge goal is relevant to them. Similarly, suppose a person makes $2,000 in monthly wages and aims to reach a million dollars. A person with $10,000 in their savings account might consider $100,000 as rich, but a person with $100,000 might want to become a millionaire to feel rich. Most importantly, it does not specify or measure what “rich” is. For instance, take this clichéd goal, “I want to be rich.” This sentence is very vague and is going in all directions. Goals and SMART Goals – The DifferenceĪ proper goal is narrowed down and clearly defined. But setting SMART goals can give you a clear vision of your targets and increase your chances of reaching them. SMART goals lay out a clear roadmap, which you can follow to reach your target.Ī person who does not have a direction will probably get nowhere. “SMART Goals” has become a common buzzword over the past years, and why shouldn’t it? After all, goal setting is one of the best and most helpful ways to achieve what you want in life. Final Thoughts on SMART Goals for Time Management and Productivity.
7 SMART Goals Examples for Time Management & Productivity.Why SMART Goals Are Important for Time Management and Productivity.