GOALS AND OBJECTIVE OF THE BUSINESS BY LARA

GOALS AND OBJECTIVE OF THE BUSINESS BY LARA - G O A LS A N...

Info icon This preview shows pages 1–10. Sign up to view the full content.

G O A LS A N D O B JECTIV ES O F TH E B U SIN ESS
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Goa l is a general statement of achievement Objective is a specific step or action you take to reach your goal
Image of page 2
Part of the business planning process is writing business objectives that are translated into actionable goals.
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Goals should support the strategic plan , which is a written document that articulates an organization’s strategy for achieving its mission and vision . The goal development process looks at this strategy and determines the necessary steps to get there.
Image of page 4
Goal writing does not have to be overly complicated, but it does require commitment and discipline to follow through and complete the required action steps. Business goals need to be thought through and detailed enough to achieve desired results. Many organizations use the SMART goal model to do this.
Image of page 5

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Specific – Is the goal specific enough for clarity? Smart Goals are :
Image of page 6
Measurable – Is there a way to measure the goal? In other words, how do you know you achieved the goal?
Image of page 7

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Attainable – Is the goal truly attainable? Or is it such an outlandish goal that it looks good on paper but is nearly impossible to complete.
Image of page 8
Realistic – Did you write the goal realistically? For
Image of page 9

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Image of page 10
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern