I recently attended a local Women's Networking lunch with the topic "Planning Your Business Goals for 2011", presented by Diane DeMarco of Marketing @ Work. Diane had a lot of great pointers including doing a SWOT analysis, setting a budget, and creating an action plan and timetable. One of the key points I took from the meeting was how to set S.M.A.R.T. goals (because, really, is there any point in setting stupid goals…um, no.)
S.M.A.R.T Goals stand for:
Specific: Be as precise as possible. What do you want to achieve and within what time frame.
Measurable: How will you measure your success?
Achievable: Is this goal realistically attainable?
Relevant: How or Why is this goal important to the success of your company?
Timely: When do you hope to achieve each goal?
While you're working on your goals for the upcoming year, be sure to keep the S.M.A.R.T. goal formula in mind!
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