Enhancing Objectives with the SMARTER Framework PPT

This PPT slide, part of the 17-slide Management by Objectives (MBO) PowerPoint presentation, presents an overview of the SMARTER method, an extension of the traditional SMART framework used for setting objectives. It highlights 2 variations: the direct extension and a change management focus.

In the first section, the SMARTER method is introduced with 2 additional components: "Evaluated" and "Reviewed." These elements emphasize the importance of consistent evaluation and recognition of mastery in achieving objectives. This suggests a more dynamic approach to goal-setting, where ongoing assessment is crucial for success.

The second section outlines the SMARTER framework with a focus on change management. Each letter in the acronym represents a key component:

- Specific: A non-technical overview of objectives helps clarify intentions.
- Mission: This connects the objectives to the broader organizational mission, ensuring alignment.
- Agreed upon: This indicates that objectives should be approved by relevant stakeholders.
- Resources: Identifying who will be responsible for achieving the objectives is essential.
- Time-bound: Establishing a timeline for completion is critical for accountability.
- Environment: Understanding who will be affected by the changes is necessary for effective implementation.
- Risk: Recognizing potential risks and having a back-out plan is vital for mitigating challenges.

The slide also mentions other variations of the SMARTER method, such as SMARFTA and SMARRT, indicating the adaptability of the framework to different contexts. This comprehensive approach to goal-setting can enhance strategic alignment and operational efficiency, making it a valuable tool for organizations looking to implement effective change management practices.

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