Question
Relevance in setting SMART goals refers to ensuring that the goals are aligned with other relevant goals and fits with the plans in place to meet the overall business or personal objectives. It's about focusing on something that makes sense with the broader business goals. For example, if the goal is to improve business profitability, then a relevant goal could be to eliminate unprofitable activities or implement new technologies that improve efficiency and reduce costs.
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Use SMART goals to evaluate your career or venture from various angles. Reflect on the previous year results to see how you can do better in the year ahead, then ask yourself: What can be improved? What measures can be taken to advance in these areas? Then set your SMART goals. "Eliminate to-do items that you tested and proved to be unprofitable or useless. Also, look at new advances and technologies that you expect to improve your business approach. Strive to implement items that will allow you to overcome existing challenges deemed unattainable in the past; this is a concrete path for sustained growth," Tropea says.
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