Abstract Goal setting is a key to achieving success in any endeavor. It is very complex to know where one is going if one does not know where to go. Everyone needs goals to be enthused‚ grow or increase performance especially with strong goals. Setting goals for example helps employees know where they need to go and how they should go about getting there. It also helps employees manage themselves. Employees should set goals that are SMART: Specific‚ Measurable‚ Achievable‚ Realistic‚ and Timely
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Organizational Focus and Goals Sharron Jones HRM/326 April 22‚ 2013 University of Phoenix Organizational Focus and Goals Wal-mart one of America’s largest retailers celebrated its 50-th anniversary of partnerships‚ and service to its customers‚ and local communities during 2012 (Wal-mart Stores Incorporated‚ 2012). Since‚ the early 1960’s Wal-marts engaged various strategies that ensured success through seizing the competitive advantage‚ and dictating corporate philanthropy. Throughout 2013‚ Wal-mart’s
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Long Term Objective: My long-run objective is to achieve the role of the head of the supply chain department of an international retail brand in India. It became apparent to me‚ in the course of my career that the future of the retail chains in India would be decided by their supply chains. With the Indian Government’s approval for international retail chains setting up stores in India‚ the area of supply chain management is destined to be a promising career option Short term objective: To complete
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S.M.A.R.T. Goals Specific Measurable Attainable Realistic Timely Specific - A specific goal has a much greater chance of being accomplished than a general goal. To set a specific
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My Graduation Plan at IUBAT Every student should have a graduation plan on their mind. A student couldn’t progress without his graduation plan. Such as‚ a boat without boatman or a computer without processor. Graduation plan refers to what we will do in our future‚ our educational plan at the organization and what we want to be just like the aim in our life. It’s very important to every student. I’ve also my graduation plan. I’m Shantanu Sarkar. I’m a student of BCSE at IUBAT
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Aims & Objectives Why are Aims & Objectives important in a business? In a business when a number of brains are working together‚ there are always different views on a certain aspect‚ therefore aims and objectives are used to help them focus on one view on the aspect which either seems right or is right. Aims and Objectives help an organisation grow; it is used as a guideline‚ a plan and a goal. What the organisation is heading for and how it is heading there and where it is heading? All the answers
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A study of the organization’s objectives helps to understand how it is likely to respond to changes in its environment. It is often assumed that business organizations will always try to maximize their profits through a combination of maximizing revenue and minimizing costs. The profit maximization objectives must be qualified by a time dimension. A firm that pursuing a short-term profit-maximizing objective may act very differently to one that seeks to maximize long term profit. This may be reflected
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the competition. His plant is losing money and if he cannot make it profitable‚ the management eventually will decide to close the plant. In his fight to save his plant‚ a physician‚ Jonah‚ helps him in achieving his objectives. Alex‚ with the help of Jonah‚ finds that the goal of a manufacturing organization and all organizations in general is to make money. Jonah explains the measurements which express the goal of making money in a different way. These measurements are: Throughput Inventory
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One of the amazing things we have been given as humans is the unquenchable desire to have dreams of a better life‚ and the ability to establish goals to live out those dreams. Think of it: We can look deep within our hearts and dream of a better situation for ourselves and our families; dream of better financial lives and better emotional or physical lives; certainly dream of better spiritual lives. But what makes this even more powerful is that we have also been given the ability to not only dream
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Explain why organisations need aims and objectives. (P1) Every organisation needs to set aims and objectives to be able to run the business more easily and effectively. Objectives are more like goals‚ it’s more realistic than aims. Objectives are far more sensible and achievable. Aims are what an organisation wants to achieve. These are long-term plans‚ probably over next 3 to 5 years. This allows the business to move forward. Objectives set out how the organisation will meet their aims.
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