What are some examples of strategic objectives for your organization or one with which you are familiar? (perhaps a credit card company or retail chain store i.e. Macy's or Sears)
Strategic objective is the target or goal that an organization must achieve to make its strategy successful. Strategic objectives are, in general, externally focused and (according to the management guru Peter Drucker) fall into eight major classifications: (1) Market standing: desired share of the present and new markets; (2) Innovation: development of new goods and services, and of skills and methods required to supply them; (3) Human resources: selection and development of employees; (4) Financial resources: identification of the sources of capital and their use; (5) Physical ...
Solution Summary
The solution gives 349 words of explanation of strategic objectives, from their purpose to 5 things they should have and a real-life example of one. References include.
... What is the purpose of strategic objectives? What makes an effective strategic objective? What are some examples of strategic objectives for you organization ...
... What is the purpose of strategic objectives? What makes an effective strategic objective? What are some examples of strategic objectives for you organization ...
... mission statement must focus on one common purpose. ... to assist in implementing strategies and objectives. ... Feedback in the strategic-management process promotes ...
... Term and Short Term Objectives The strategic long term ... the area of manufacturing, the objective of an ... As sales objectives, organization focuses to increase the ...
... Authors' purpose: 3. to determine whether performance management ... linked to operational and strategic plans', 'less ... alignment with business objectives, need to ...
... What is the purpose of strategic objectives? What makes an effective strategic objective? What are some examples of strategic objectives one with which you are ...
... is completed, it is reviewed to determine whether it will assist the company in accomplishing its objectives or if ... What is its purpose in strategic planning ...
... ensure that there is a strategic alignment between ... employees would have achieved the learning objective. ... method roadblocks to learning objectives are overcome. ...
... that adequately reflects corporate goals and objectives." Do that for ... where you feel the company's strategic planning failed to accomplish its purposes. ...
... 1) An organization's strategic planning process involves: a. The mission of the company-the purpose of the ... b. The company's objectives/standards-those are the ...
