{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

MGT 330 - Ch. 5 - Planning(1) PPT

Standardsforperformance goals goals

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ve a measurable result within a stated time period Purpose of Goals Purpose Source of motivation and commitment Resource allocation Guide to action Rationale for decisions Standards for performance Goals Goals Means­end chain refers to the accomplishment of low­level goals as the means leading to the accomplishment of high­level goals – Strategic goals – Tactical goals – Operational goals Goals should be SMART Goals, Action Plans, & Operating Plans Goals, An action plan defines the course of action needed to achieve the stated goal The operating plan, usually a one­year period, defines how you will conduct your business based on the action plan The operating plan identifies clear targets Strategy Map for Aligning Goals Aligning Single-Use and Standing Plans Standing The Planning/Control Cycle The Management by Objectives (MBO) Management Jointly set objectives – Improvement objectives – Personal objectives – Maintenance objectives Develop action...
View Full Document

{[ snackBarMessage ]}