First we will take a look at some of the top reasons ERP implementations fail.
The SMART framework is a structured methodology for goal-setting that increases the likelihood of achieving defined objectives. Here’s a summary of what each component of the SMART acronym represents:
S - Specific. Include as much detail as possible when defining goals to make it more actionable and approachable than an unfocused goal.
M - Measurable. Establish criteria to measure progress. When a goal is quantifiable, it's easier to stay on track and meet targets along the way.
A - Achievable. Ensure your goal is realistic given time, budget, internal resources, and any other applicable factors. The goal should be challenging enough to motivate, but reasonable enough to achieve within the chosen time frame.
R - Relevant. Be sure that the goal aligns with your broader objectives or values. Depending on the goal, this could be personal values or company values - don't just follow the crowd, stay true to yourself or your brand.
T - Time Bound. Anchor the goal with a time frame and create a schedule with steps along the way. A timeline will help keep your project on track and focused on the result.
The SMART framework is adaptable to a wide range of objectives, from personal milestones to professional initiatives. When applied to business environments, such as ERP implementations, it provides a clear structure for setting meaningful, actionable, and measurable goals that keep teams aligned and projects advancing toward success.
Let’s revisit some of the key challenges faced during ERP implementation mentioned above and explore how applying the SMART goal-setting framework can transform these obstacles into achievable, results-driven objectives.
Challenge: Lack of Clear Goals/Expectations.
SMART Fix: SMART goals require you to articulate objectives in clear, detailed terms and establish a roadmap with defined milestones to measure progress throughout the project.
Challenge: Unrealistic Budget/Timeline.
SMART Fix: Setting achievable and time-bound goals prompts a realistic evaluation of project scope, available resources, and partner capabilities.
A SMART goal in the world of ERP implementations might sound something like this: "Deploy Visibility ERP across finance, operations, and procurement within a six-month timeline, automating at least 80% of legacy manual processes. Target 90% adoption among users, achieve a 15% reduction in procurement cycle time, and support measurable gains in productivity. The rollout will follow a structured, phased approach with full implementation by March 31, and progress measured through key performance indicators tracked within the first month after go-live."
Applying SMART goal setting addresses many of the most persistent challenges during ERP implementations. Our team of implementation experts can help you set SMART goals as you go into your Visibility ERP implementation.
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