In this paper, an analytical design method is developed for the mismatched Smith predictor on the basis of the internal model control (IMC) method. Design formulas are given and design procedure is significantly simplified. One important merit of the proposed method is that the response of the closed loop system can be easily adjusted. The relation between the controller parameter and the system response is monotonous. In addition, necessary and sufficient condition for the robust stability of mismatched Smith predictor is also given. It is shown that the proposed method can provide good performance for perfectly matched system and a better response for mismatched system. Several numerical examples are given to illustrate the proposed method.