A large telecommunications company wants to increase their Average Revenue Per User per month by 5%, by end of year, to increase revenue in a highly competitive market. From a SMART target perspective, what is missing?
A SMART target is one that is specific, measurable, achievable, relevant, and time-bound1. The target of increasing the Average Revenue Per User (ARPU) per month by 5%, by end of year, to increase revenue in a highly competitive market is missing the specificity criterion, as it does not mention which product group or line the target applies to. The target should be more specific and clear about the scope and context of the desired outcome, such as which segment, region, or service the target relates to23. Reference: 1: Guide to Business Data Analytics, IIBA, 2020, p. 192: SMART Goals: How to Make Your Goals Achievable, MindTools, 2021, 13: How to Set SMART Marketing Goals, CoSchedule, 2021, 2.
Onita
2 days agoVicki
7 days agoRachael
12 days agoJustine
18 days agoWade
23 days agoAvery
28 days agoXochitl
1 month agoArt
1 month agoMalinda
1 month agoAmina
2 months agoJimmie
2 months agoKing
2 months agoTeri
2 months agoCorrinne
2 months agoJesusita
2 months agoDiego
3 months agoAngelica
3 months agoJustine
4 months agoRoselle
5 months agoWilda
5 months ago