Post by account_disabled on Sept 16, 2023 9:44:28 GMT
The Achievable factor is the third factor in the model, helping to ensure that the goals set are realistic and feasible to achieve. For businesses, this factor helps evaluate the business's ability to realize business goals, thereby devising appropriate plans and strategies to achieve goals.
To evaluate the Achievable factor in the SMART model, businesses can consider the following resources:
Budget: Businesses need to evaluate their existing budget to determine their ability to invest in a new campaign or project. If a goal requires too high a cost and exceeds the financial capacity of the business, it may not be possible.
Technology: The technologies and tools needed to accomplish a goal are also important factors to evaluate. If a goal requires new technologies that are not available locally, achieving this goal may be difficult.
Market and competition: Businesses need to evaluate the market and competitive prices in the industry to ensure that the goals set are in line with market needs. If the market is too competitive and the new target is not significantly different from its competitors, achieving the target may become difficult.
Human resources: Businesses need to ensure that they have enough human resources with the right skills to execute the plans and strategies needed to achieve their goals.
This factor helps businesses evaluate resources to consider the feasibility of the campaign. From Phone Number List there, there are more appropriate changes in goals, implementation time, strategy...
Relevant Factor (Related)
The Relevant factor is the factor to ensure that the set goals are related to the general goals and are related to the main business activities and development strategies of the enterprise. In addition to being related to the general goal, it is also related to resources, characteristics, economic trends... To achieve this factor, businesses need to set specific goals and be consistent with their strategies. proposed business.
The Relevant element ensures that the set goal is related to the overall goal
The Relevant element ensures that the set goal is related to the overall goal
For example, if the business's strategy is to expand into the international market, the goal must be set towards the international market, then smaller campaigns need to be deployed, for example: The first 3 months of the year of penetration entered the Southeast Asian market and captured 8% market share in the first year. In the second year, the target is the market of small countries in Europe, having a stable market share in these small countries and then continuing to expand and develop in large countries...
The Relevant element helps ensure that efforts to achieve goals are reasonable and appropriate to the capabilities and experience of the business.
To evaluate the Achievable factor in the SMART model, businesses can consider the following resources:
Budget: Businesses need to evaluate their existing budget to determine their ability to invest in a new campaign or project. If a goal requires too high a cost and exceeds the financial capacity of the business, it may not be possible.
Technology: The technologies and tools needed to accomplish a goal are also important factors to evaluate. If a goal requires new technologies that are not available locally, achieving this goal may be difficult.
Market and competition: Businesses need to evaluate the market and competitive prices in the industry to ensure that the goals set are in line with market needs. If the market is too competitive and the new target is not significantly different from its competitors, achieving the target may become difficult.
Human resources: Businesses need to ensure that they have enough human resources with the right skills to execute the plans and strategies needed to achieve their goals.
This factor helps businesses evaluate resources to consider the feasibility of the campaign. From Phone Number List there, there are more appropriate changes in goals, implementation time, strategy...
Relevant Factor (Related)
The Relevant factor is the factor to ensure that the set goals are related to the general goals and are related to the main business activities and development strategies of the enterprise. In addition to being related to the general goal, it is also related to resources, characteristics, economic trends... To achieve this factor, businesses need to set specific goals and be consistent with their strategies. proposed business.
The Relevant element ensures that the set goal is related to the overall goal
The Relevant element ensures that the set goal is related to the overall goal
For example, if the business's strategy is to expand into the international market, the goal must be set towards the international market, then smaller campaigns need to be deployed, for example: The first 3 months of the year of penetration entered the Southeast Asian market and captured 8% market share in the first year. In the second year, the target is the market of small countries in Europe, having a stable market share in these small countries and then continuing to expand and develop in large countries...
The Relevant element helps ensure that efforts to achieve goals are reasonable and appropriate to the capabilities and experience of the business.