SMART goals in business emphasize specificity, measurability, and time-bound deadlines.
Specific: Setting a detailed and clear goal is crucial. For example, a specific goal would be 'increase sales by 20% in the next quarter'.
Measurable: Goals should have quantifiable outcomes. An example would be 'reduce customer complaints by 30% by the end of the year'.
Time-bound: Establishing a deadline for the goal is essential. For instance, 'launch the new product by the end of August'.
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