How Does The Smart Formula Help You Set Goals Strategic Planning With GOSPA

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Strategic Planning With GOSPA

GOSPA is the formula for success in business and personal life.

The abbreviation means the following:-

G-goals

O-objectives

S-tricks

P plans

A-jobs

The above words are common and common words in the field of business, they can never be replaced by any better words.

In strategic planning, Goals and Objectives look the same, plans and strategies are the same. But they are poles apart. Goals are often the desired end points while goals are the actions that will deliver those goals. Strategies and strategies are laid down strategies that are applied to various activities in business or personal life in order to produce the desired results.

To achieve any goal with the GOSPA model, the user must write down everything they want to achieve and why. This blue print should describe what needs to be done, when to do it, who will do it, where it will be done and how it will be done. Writing down those plans helps one focus on reality and take a plan that can be implemented successfully.

GOSPA derives from the long-standing business formula SMART which stipulates that all goals set by an individual or organization must be clear, measurable, achievable and time-bound.

Research in business and improving people’s lives shows that the use of GOSPA, 5W & H, and SMART can improve productivity by at least 25% per year. 25% improvement per year may seem slow but achieving it year after year turns out to be a giant leap. The use of this formula shows the real players are focused and gives them the much needed checks and balances to get involved in white elephant projects.

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