Time-Based: This one’s easy. Set 5 years as the end date when the goal needs to have been achieved! But, you could also put in place short-term goals as well, which will act as milestones on the way to your 5-year plan. Use the following template to turn your goal into a SMART goal, which will help you to build out your goal setting:

If you want to create a 5-year strategic plan, here are some of the initial and important things that you have to be aware of: 1. Be knowledgeable of the basics of developing a five-year strategic plan. This can help you to create realistic goals that can be backed up by measurable action plans, programs, and activities.

Research possible ways to achieve your goals within the next five years. Break down your major goals into actionable monthly and annual goals. These smaller goals are the springboard for achieving your major goals. Review your goals regularly. Revise as necessary and keep the processes that are working well.

Relevant: Your goals should be relevant to the bigger picture. When it comes to 5-year goals, make it relevant to your phase of life. If you’re in your early 20s, it might have to do with travel or education. If you’re in your 30s and 40s, it might be more about family or building up a nest egg for retirement. Time-Based: This one’s easy.