Objectives
Objectives are statements that will have specific outcomes. Objectives can be set at all levels of a company and can build upon one another from lower to higher level corporate functions. They are often set at the corporate level and then each lower business unit creates a set of Objectives to help support and meet the corporate objectives. Sometimes they are in financial terms, especially at the corporate level. At lower levels in the company they may take many different forms, but must always have some statement(s) focused on financial results.
Objectives are part of the hierarchy of terms which help set and shape the strategy of a business or unit....
Corporate objectives are set by senior management and provide the focus for setting more detailed objectives at each functional level in the business. The corporate objectives relate to the business as a whole. Your objectives will line up with the corporate objective(s) and support it or them, however they will also be specific to your organization.
For example:
Corporate Objectives - Market share percent
Functional Objectives - Sales per customer
Unit Objectives - 5% increase in sales of product y
Objective examples:
Objectives are part of the hierarchy of terms which help set and shape the strategy of a business or unit....
Corporate objectives are set by senior management and provide the focus for setting more detailed objectives at each functional level in the business. The corporate objectives relate to the business as a whole. Your objectives will line up with the corporate objective(s) and support it or them, however they will also be specific to your organization.
For example:
Corporate Objectives - Market share percent
Functional Objectives - Sales per customer
Unit Objectives - 5% increase in sales of product y
Objective examples:
- Create delighted customers
- Increase revenue to your division by 10K.
- Decrease cost per class by 5%.
- Increase internal training programs to 51% of classes offered
- Bring xyz technical training course to market on Dec.5th, one week after product release
- Provide learning opportunities to 25% of employees by end of second quarter
- Have MS SharePoint on line within 90 days
- Consolidate to three strategic training centers by 2015
- Provide new iPads to trainers over the next 24 months
- Hire 10 part time trainers by Dec. 1st.
- Initiate TQM for course development by June 1st.
- Relocate to new customer focused training venue by end of 3rd quarter
- Reduce on-line course costs by 10% on Jan.1, 5% on Dec.1, and 3% within 24 months
- Cut energy consumption in training labs by 5%
- Increase training revenue in China by 20% within 6 months
- Eliminate waste paper in training classes by 95% by 2016
Comments
Post a Comment