Week 3.docx - Week 3 Objectives what performance dimensions...

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Week 3 Objectives what performance dimensions should be focused on? what is the target level of performance to be achieved on each dimension? What is the time frame in which each target should be altered? objectives must be SMART - specific : details exactly what needs to be done - measurable : achievement/ progress can be measured - achievable : objective is accepted by those responsible for achieving it - realistic : objective is possible to attain (important for motivation effect) - timed: time period for achievement is clearly stated each objective should contain - performance dimension/ attribute sought - measure/ index for evaluating progress - target level/ hurdle to be achieved - time frame w/in which target is to be accomplished Common Performance Criteria growth : sales (% change in sales) competitive strength : market share, brand, awareness & preference profitability: ROI, return on assets, return on equity
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  • Summer '14
  • RichardWade
  • Capacity utilization, target level/ hurdle

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