Podcast
SMART Goals Framework to Documentation: Win in Business
July 20, 2023
π In this video, we will explore the concept of SMART goals and how to effectively implement SMART documentation in your process. π―
π We will begin by explaining the SMART framework, which stands for Specific, Measurable, Attainable, Relevant, and Time-bound. This framework is crucial for aligning companies, departments, and individuals, ensuring progress, fostering accountability, and measuring impact.
β° We will provide examples of implementing this framework in various contexts, from company goals to department goals and individual contributor goals. You will learn how to create a plan to achieve these goals, emphasizing the importance of consistent accountability and teamwork.
Finally, we will discuss different techniques for measuring goal achievement, including time to productivity, surveys and feedback, performance reviews, employee retention rates, cost and time analysis, and overall business impact.
By implementing SMART goals and measuring their impact, everyone wins β the business, the team, and each contributor.
Topics covered:
- 00:00 Intro.
- β00:58 Breaking down the SMART framework.
- β03:59 Applying SMART framework to a company goal.
- β05:28 Company goal into department goals.
- β07:28 Department goal into individual contributor goals.
- β10:09 Plan to achieve goals.
- β16:11 Questions and concerns from viewers.
- β17:06 Measurement.
- β19:04 Measuring success with time to productivity & surveys.
- β21:06 Performance reviews.
- β21:37 Employee retention.
- β22:00 Cost and time analysis.
- β22:30 General business impact.