Book Smart | Street Smart | and | Business Smart

 Book smart, street smart and business smart.

• Book smart

Simply put, a person who has book smarts is someone who is intelligent and well educated academically. The stereotype of a book-smart individual is someone from an upper-class socioeconomic upbringing, well educated, but less knowledgeable and capable when it comes to handling important or immediate decisions in practical situations common to everyday life or “the streets”—but in our case, the field.

The stereotype of a book-smart person is someone who deals with ordinary but challenging situations (especially bad or difficult ones) only from an intellectual point of view by basing their decisions strictly on available facts, accumulated knowledge, or personal insights primarily obtained from an educational environment.

• Street Smart

In a perfect world, no one would have to be street smart. We'd all be able to walk alone in strange cities, or casually stroll home after parties without a care. But, for many reasons, this is simply not a reality. While I'm not saying there is danger at every turn, it is often necessary to glance over your shoulder, or to walk a bit faster when in lonely parking garages. Far from paranoia, these are simply precautions that keep you safe.

And that's exactly what street smarts are. "A great synonym for street smarts is having common sense," says SafeWise safety expert Sarah Brown, in an email to Bustle. "Having street smarts means knowing how to respond in different situations ... and paying attention to your surroundings."

It also means acknowledging worst-case scenarios and then taking steps to prevent them — in the most casual way possible. Because again, this doesn't mean you have to live in fear. But keeping in mind how thing might go wrong will make you less likely to have a problem. So, do you know how to keep yourself safe? Read on for some signs you have street smarts, as well as what to do if you don't.

• Business smart

And business smart is probably one of the second most important after "Street smart" 

SMART is an acronym for Specific, Measurable, Assignable, Realistic and Time-Related. Businesses use SMART to help determine if a goal is viable. The concept was originally developed in 1981 as a way to write meaningful objectives.

Specific

What is the objective? Who are all the stakeholders involved?

Measurable

How do we measure success, specifically?

Assignable (sometimes listed as “Attainable” or “Achievable”)

Who will lead this initiative? Will this person have enough resources, including manpower, to make this project a success?

Realistic (sometimes listed as “Relevant”).

Is the goal realistic, with the time and resources available? Does the project outcome align with the business model of the company?

Time-Related

When do we expect the intended result by?
The SMART acronym was first presented in 1981 by George T. Doran in a magazine article entitled “There's a S.M.A.R.T. way to write Management's Goals and Objectives”.