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The Finance Leader Podcast - 102: Use the SMART Goal Setting Method for Better Goal Planning

102: Use the SMART Goal Setting Method for Better Goal Planning

The Finance Leader Podcast

01/24/23 • 9 min

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When we set our goals, let’s use the SMART goal setting methodology so we set realistic goals that we can achieve because we have properly thought through the best way to plan them and achieve them. You know I how I feel about New Years’ resolutions, because at this point, most people have given up on them since they had no solid foundation in being achieved. Let’s plan out goals that make sense for us.
Episode outline:

  1. Be focused,
  2. The SMART Goal Setting technique, and
  3. Ensure you be BOLD this year.

1. SMART goal setting is a method of setting goals that is widely used in business and organizations. The acronym SMART stands for Specific, Measurable, Achievable, Relevant, and Time-bound. These five criteria are used to ensure that goals are well-defined and achievable.

2. Specific: A specific goal has a clear target or outcome that is well defined. It should answer the questions of what, why and how

3. Measurable: A measurable goal can be quantified or tracked in some way. This allows for progress to be monitored and the goal's achievement to be evaluated.

4. Achievable: The goal should be realistic and attainable. It should be something that can be achieved with the resources and capabilities available.

5. Relevant: A relevant goal is one that aligns with the overall objectives and mission of the organization or individual.

6. Time-bound: A goal should have a specific deadline for completion. This creates a sense of urgency and helps to focus efforts towards achieving the goal.
Please connect with me on:
1. Instagram: stephen.mclain
2. Twitter: smclainiii
3. Facebook: stephenmclainconsultant
4. LinkedIn: stephenjmclainiii
For more resources, please visit stephenmclain.com. On the website, you can download the Leadership Growth Blueprint for Finance and Accounting Managers. You can use this guide to develop your leadership by focusing on communication, and growing and empowering your team.
You can now purchase a course to help you advance your career from financeleaderacademy.com. It's called Advance Your Finance and Accounting Career: Developing a Promotion Strategy that Sets You Apart.

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01/24/23 • 9 min

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The Finance Leader Podcast - 102: Use the SMART Goal Setting Method for Better Goal Planning

Transcript

Stephen McLain

Last episode, I talked about goal setting for 2023. And that I want you to be bold this year. That's bold. B believe Oh overcome, l leadership and D decisive. When we set our goals, let's use the SMART Goal Setting methodology. So we set realistic goals that we can achieve, because we have properly thought through the best way to plan them, and achieve them. You know how I feel about New Year's resolutions, because at this point, most people

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