This article throws light upon the six main characteristics of sound goals. The characteristics are: 1. Goals have to be Specific 2. Goals must be Measurable 3. Goals have to be Time-Specific 4. Goals should Focus on Results, not on Activities 5. Goals should be Challenging but Realistic 6. Goals must be set by the People Responsible for Accomplishing them, [...]
This article will guide you about how to make goal setting effective in an organisation. 1. Understanding the Purposes of Goals: Perhaps the best way to facilitate the goal-setting process is to make sure that managers understand the two main purposes of goals. The first is to provide a target to shoot for. The second is to establish a framework [...]
This article throws light upon the four key benefits of strategic planning process in an organisation. The benefits are: 1. Reaction to Environment 2. Defining Company Mission 3. Formulation of Long Range Objectives 4. The Specification of Programme Policies and Strategies. Benefit # 1. Reaction to Environment: The strategic planning process is invaluable to a company because it forces top [...]