The SMART model is a widely used framework for setting goals and defining results and indicators to ensure clarity and effectiveness in performance tracking.
* SMART Criteria:
* Specific: Clear and precise objectives or outcomes.
* Measurable: Quantifiable or assessable metrics.
* Achievable: Realistic and attainable goals.
* Relevant: Aligned with organizational priorities and objectives.
* Time-Bound: Defined timelines for achieving results.
* Purpose:
* Ensures that results and indicators are actionable, trackable, and aligned with organizational objectives.
* Helps streamline efforts and resources toward meaningful outcomes.
* Why Other Options Are Incorrect:
* A: Incorrect interpretation of SMART criteria.
* B: SWOT analysis is unrelated to defining results and indicators.
* C: Financial forecasting is separate from the SMART model's purpose.
References:
* SMART Goal-Setting Framework: Provides detailed guidance on using SMART criteria.
* Performance Management Best Practices: Emphasize SMART goals in organizational planning.