What are the smart objectives for KFC?
Specific
* Increase sales by 10% in the next quarter.
* Open 100 new restaurants in the next five years.
* Introduce a new product line that generates $1 billion in revenue within three years.
Measurable
* Sales growth will be tracked through point-of-sale data.
* The number of new restaurants will be tracked through company records.
* Revenue from the new product line will be tracked through financial statements.
Achievable
* KFC has a history of steady sales growth.
* The company has the resources to open 100 new restaurants.
* KFC has a strong brand and reputation that will help it introduce a new product line successfully.
Relevant
* Increasing sales, opening new restaurants, and introducing new products are all key components of KFC's growth strategy.
Time-Bound
* The sales growth goal is for the next quarter.
* The goal of opening 100 new restaurants is for the next five years.
* The goal of introducing a new product line that generates $1 billion in revenue is for the next three years.
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