2025 has well and truly kicked off. Business leaders across Australia have taken stock and set their sights on new objectives, so it's an opportune time to re-evaluate our approach to goal setting. While many are familiar with the SMART framework (Specific, Measurable, Achievable, Relevant, Time-bound), it's time to elevate your goals and take them to the next level with what I call the SMART+ methodology.

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SMART+ Goals: The Key to Unlocking High Performance
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SMART+ goals build upon the traditional SMART framework by incorporating five crucial elements that are often overlooked:
Agreed:Â Goals should be collaboratively established, ensuring team members have a voice and are committed to achieving them. This builds a sense of ownership and shared responsibility.
Understood:Â Clear and concise communication is paramount. Everyone involved should have a shared understanding of what the goal entails, how it will be measured, and what success looks like.
Supported:Â Adequate resources, training, and support should be provided to enable individuals and teams to reach their goals.
Reviewed: Regular progress reviews are essential to track performance, identify potential roadblocks, and make necessary adjustments.
Refined:Â Goals should not be set in stone. They should be adaptable and open to refinement based on changing circumstances, new information, or unforeseen challenges.
Why SMART+ Goals Matter
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As 2025 progresses, with the unpredictability of the business landscape ahead, agility and adaptability are key to success. SMART+ goals provide a flexible framework that empowers individuals and teams to respond effectively to new challenges and opportunities. They also promote a culture of collaboration, communication, and continuous improvement.
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Integrating SMART+ Goals with Meaningful Work and Employee Engagement
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Research has consistently shown that employees who find meaning and purpose in their work are more engaged, productive, and committed to their organisations. By aligning SMART+ goals with the four factors of meaningful work - Individual, Job, Organisational, and Societal - leaders can create a work environment that helps drive a sense of purpose and fulfilment.
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For example, when setting goals, consider how they align with employees' individual interests, abilities, and aspirations. Ensure that the work itself is challenging and stimulating, and provides opportunities for growth and development. Building on your positive organisational culture that values employee contributions, encourages open communication, and provides opportunities for social interaction, will go a long way towards helping your people meet their goals.
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The Role of Leadership in SMART+ Goal Setting
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As a leader, your role in the SMART+ goal-setting process is crucial. You need to create a safe and supportive environment where team members feel comfortable sharing their ideas and opinions. You also need to provide clear direction, guidance, and feedback.
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Remember, the success of your organisation depends on the performance of your people. By setting SMART+ goals and creating a culture of meaning and purpose, you can unlock their full potential and drive your business forward.
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Taking Action: Implementing SMART+ Goals in Your Organisation
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Start by reviewing your current goal-setting process and identifying areas where you can incorporate the SMART+ elements. Encourage collaboration and open communication, and provide the necessary support and resources to enable your team to succeed. Regularly review progress and be open to refining goals as needed.
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By embracing the power of SMART+ goals, you can set your organisation on a path towards greater success in 2025 and beyond.
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Author of ‘Meaningful Work: Unlock Your Unique Path to Career Fulfilment’, Nina Mapson Bone is a people strategist, consultant, chair and keynote speaker. She consults with boards, CEOs, founders and executives on bridging the disconnect between strategy and the needs, motivations and capabilities of their people. Nina’s executive career has spanned three continents and diverse sectors. She was previously the Managing Director of Beaumont People, where she led a period of significant growth for the organisation, during which it was recognised with multiple awards. For more information visit www.nmbpeoplestrategy.com.au
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