2006-08-23 18:15:29 · 8 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
SMART is sigma concept.
SPECIFIC
MEASURABLE
ACHIEVABLE
REALISTIC
TIME BOUND
2006-08-23 18:25:27 · answer #1 · answered by Ananth P 3 · 0⤊ 0⤋
SMART in Performance management speak means:
1. Specific - goals should be specific
"I want to own my on home in Harare in ten years"
2. Measurable - You cannot rate what you cannot measure
can you measure that -yes
3. Achievable - An elephant is eaten one mouthful at a time.
can that be achieved - yes with the right investment plan as mortgages are not available.
4. Realistic - not only should it be achievable but what is realistic.
that is a realistic goal
5. Time Bound - A little pressure is good it bring performance
And you will find you are usually ahead of schedule!
2006-08-24 02:30:07 · answer #2 · answered by insane2mad 3 · 0⤊ 0⤋
Specific, Measurable, Acheivable, Realistic, Time Bound.
It can be added to many aspects of business such as SMART Aquisition, SMART Procurement, SMART Deployment.
Works well within Balanced Scorecard schemes, PRINCE managed projects, etc
2006-08-24 05:57:35 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Reasonable Time Frame
2006-08-24 01:24:43 · answer #4 · answered by Baby_Apocalypse 4 · 0⤊ 0⤋
Well that depends. Are you thinking in terms of a "SMART" Bomb? Becuase it's smart in the same George Bush is smart, well dressed but pretty stupid.
2006-08-24 01:28:44 · answer #5 · answered by wilf69 3 · 0⤊ 0⤋
meaning of smartt showing money making art to others for fully under standing smar t associat with swadeshi opp .edu.visit www.swadeshimarketing.net E-MAILcash_ahead@yahoo.co.in
2006-08-24 01:37:34 · answer #6 · answered by ADWANTED 2 · 0⤊ 0⤋
These are the main characteristics of an objective.
2006-08-24 02:36:42 · answer #7 · answered by JAA 2 · 0⤊ 0⤋
stupid,miser,arrogant,rough, but talented
2006-08-24 01:48:00 · answer #8 · answered by Wolf 1 · 0⤊ 0⤋