You’re not Alice. You couldn’t be more different. You want to create mission-driven change, to change minds, motivate action, build a movement. You're not like Alice…
"Would you tell me, please, which way I ought to go from here?"
"That depends a good deal on where you want to get to," said the Cat.
"I don’t much care where--" said Alice.
"Then it doesn’t matter which way you go," said the Cat.
You know exactly where you want to go, so not every path will do.
With your SMART goals and objectives in hand you’ll be ready to develop a strategic marketing action plan to get there. Here’s how to create change for good with SMART goals and objectives.
Key Planning Terms
I’m a big fan of distinguishing between goals and objectives and time frames. Here are the key strategic planning terms we use at Marketing Partners for our mission-driven and values-led clients.
- VISION: A brief statement describing the organization in its ideal state in 3-5 years.
- MISSION: The reason or "Big Why" for your existence as an organization. "Mission" implies a sending forth of the message about what this business is. For many organizations, mission is going to be more fixed or timeless than vision. (The core of your Positioning Statement.)
- CORE VALUES: Rock solid principles your organization is built on. Values determine the basis of how the company operates.
- PRIORITIES: Areas where you have decided to focus your energies to achieve the vision. For larger organizations, priority areas imply that choices have been made to focus and direct the energy of the organization.
- GOALS: What you want to accomplish in the long-term; the vision in three (and no more than five) general parts.
- OBJECTIVES: Specific; measurable; actionable, relevant, time-bound results (S.M.A.R.T); your goals in subparts; discipline.
- METRICS: Also known as KPIs (key performance indicators). These are the agreed-upon measures that define success for each objective.
- STRATEGIES: How we plan to win in the market so we achieve your long-term goals and SMART objectives.
- TACTICS, ACTIONS or STEPS: Specific, discrete actions that you will take to put the strategies into action and achieve your goals.
- WORK PLAN: Exactly when, and who is going to do what.
But there’s no need to get hung up on the terms — the critical factor is that you start with your mission and then develop SMART goals and objectives to move forward.
S.M.A.R.T Goals and Objectives
You’ll uncover a few variations, but most often S.M.A.R.T stands for Specific, Measurable, Attainable, Relevant and Time-bound. (Sometimes you’ll see Specific, Measurable, Actionable, Realistic and Time-bound — but the concept is essentially the same.)
When creating an objective, you want it to be as short, crisp, and specific as possible. Having "a good year" isn't a reflection of what your company actually accomplished. Imagine that your boss is about to leave for vacation, and you have less than 90 seconds until he/she runs out the door, and all they want is to quickly hear what next year's key objective is -- what are you going to tell her or him that concisely explains your plans?
Oftentimes, companies say they want to "increase their social media following." While that is a goal, it's not a trackable goal. If you start the new year with 100 followers, and end with 101, technically you met your set goal. But if you switch that goal to read, "We want to increase social media following by 25%," suddenly you can measure your progress every month to see if you're on track to ultimately jumping from 100 to 125 followers. Now you really know you hit your goal -- hopefully it's more ambitious than this example!
While having history-breaking goals can be beneficial -- it's still important to keep your goals realistic. If in your company history you've generated an average of 10 leads every month, jumping to 2,000 leads per month is probably not attainable. Many businesses do this to push employees and to "go as far as they possibly can." But in reality, all this does is discourage team members because they see they can never actually be successful. SMART goals are goals you and your team can actually achieve with hard work, discipline and focus.
Why have a goal if the goal doesn't matter? Say you're a teddy bear business that, at maximum, can only sell 1,000 teddy bears per month through existing channels. In this situation, your goal likely should not be to "increase production of teddy bears from 1,000 per month to 5,000 per month." While it's great you have more product, if your existing distributors won't buy more, why bother? Your goal should be something along the lines of, "increase distribution channels by X%."
While each factor helps develop a solid goal, you need to ensure you have a timeline for meeting that goal. Going back to the teddy bear example, if you do decide your goal is to increase distribution channels, you need to know when you will accomplish this in order to know when to start working on a secondary goal of increasing teddy bear production. You don't want a situation where you end up with more toy stores taking your teddy bears, but no teddy bears to give. Oh the horror!
Create Change for Good with SMART Goals
The key to creating sustainable change for good is consistently linking your SMART marketing goals to your mission — and then tracking your progress. To get you started, here’s a free template in MS Word to help you determine your SMART goals.