How to Coach Yourself and Others Essential Knowledge For Coaching | Page 68

So let's cut to the chase! What is SMART goal setting? S M A R T is a mnemonic used in management. S M A R T is a way to evaluate that the objectives for a particular project are relevant and appropriate for that project. S M A R T Objectives are an integral part of Management By Objectives (MBO). Management by objectives has been used extensively by managers as a planning tool. It is a process by which managers and employees work together and agree on specific and defined objectives for a particular project. This process ensures that both managers and employees agree on and are committed to the project outcomes. The origin of the term S M A R T objectives is unknown, however, Peter Drucker in his 1954 book "The Practice of Management" outlined a system that was very similar to S M A R T objectives as part of his discussion on Management by Objectives (MBO). The process of writing S M A R T objectives or smart goal setting has become a business management tool used extensively for project management and also for performance appraisal purposes. Learning how to write and use SMART goal setting is a skill you definitely want to ma ster if you want to be successful in YOUR life and in YOUR business! 946