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Specific Problem Statement (SMART) What is it? SMART is an acronym used when creating objectives to define a set of criteria that are easy to understand and to know when they have been fulfilled. Applied to the problem: Specific – target a specific area for improvement Measurable – quantify or show an indicator of progress

A good problem statement should create awareness and stimulate creative thinking. It should not identify a solution or create a bias toward a specific strategy. Taking time to work on a problem statement is a great way to short-circuit the tendency to rush to solutions.

Feb 7, 2025 · Key elements of an effective problem statement include: Gap: Identify the gap (pain) that exists today. Timeframe, location, and trend: Describe when and where the problem was first observed and what kind of trend it is following. Importance: To the organization, the individual, etc. to better understand the urgency.

Feb 6, 2014 · "SMART" is a McKinsey acronym for the best practices in developing problem statements - specific, measurable, action-oriented, relevant, and time-bound. The problem statement is a clear, concise, but comprehensive "key question" that needs to be solved for the client, often by employing an issue tree.

Jan 4, 2023 · Want to unlock your problem-solving potential? Develop these SMART goals examples to break down challenging problems into achievable steps.

Learn everything you need to know to develop a Problem Statement by an Ex-McKinsey consultant. Includes best practices, examples, and a free problem statement template at the bottom. “A problem well stated is a problem half solved.” – Charles Kettering, Early 1900s American Inventor.

A robust problem statement should succinctly outline three key components: Current State, Future State, and Target Date. > Current State describes the present situation with measurable indicators, such as quality, cost, time, safety, customer satisfaction, or employee engagement.

Smart business goals need smart problems. Fixing what's not broken is a waste of resources. Learn how to write a smart problem statement.

Jan 16, 2025 · Create a SMART problem statement: Specific, Measurable, Achievable, Relevant, and Time-bound. Edit, download, and solve effectively.

Apr 1, 2025 · Crafting a SMART and MECE problem statement involves precise and comprehensive analysis. Define the problem specifically, detailing who is affected and the exact impact, while ensuring it's...