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The Manager as a Planner and Strategist

The Manager as a Planner and Strategist - Goals ,...

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The Manager as a Planner and Strategist October 21, 2008 Managerial Objectives and Planning Goals Depending on where you “sit,” your goals can be quite different Organization --- Maximize Profits Employees --- Higher Wages Customers --- Quality Products Owners --- Higher Dividends Management --- Promotions Goals and Strategies objectives for performance the successfully managing a business the planned method of reaching a goal is the “strategy” Purposes of Setting Goals provides direction, guidance and motivation assist in allocating resources helps to define corporate culture helps managers assess performance Goals vs. Objectives Goals:  long term desired results Objectives:  short term “rungs in the ladder” one must achieve in order to reach the long term  goal Setting Goals and Objs.
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Specific  and  measurable Time  Oriented Realistic , yet  Challenging
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