GOAL Setting in an Organization...!!!

There are various goal setting strategies available from which  one or more than one an organization can adopt as per their management levels or as per their requirement need to fulfil their mission.

Some are as follows : 

1: SMART Goals

2:Pygmalion effect 

3:Planning -- Top to Bottom

4:POSDCORB

5:Organisation - Entity 

1:S.M.A.R.T Goals : The letters broadly conform to the words Specific, Measurable, Attainable, Realistic and Time-Bound.

Specific : Goals need to be specific. Try to answer the questions of how much and what kind with each goal you write.

Measurable : Goals must be stated in quantifiable terms, or otherwise they're only good intentions.

Attainable : Goals must provide a stretch that inspires people to aim higher. Goals must be achievable.

Realistic : Set goals you know you , your company and employess can realistically reach.

Time bounded : Goals must include a timeline of when your goal should be accomplished.

Typically accepted values of terms are:

Letter	Major term	Minor terms
S	Specific	Significant, stretching, simple
M	Measurable	Motivational, manageable, meaningful
A	Attainable	Appropriate, achievable, agreed, assignable, actionable, adjustable, ambitious, aligned, aspirational, acceptable, action-focused
R	Realistic	Result-based, results-oriented, resourced, resonant, relevant
T	Time-bound	Time-oriented, time framed, timed, time-based, time-specific, timetabled, time limited, trackable, tangible, timely

2: Pygmalion effect : It is the phenomenon in which the greater the expectation placed upon the people, the better they perform.

eg:  When teachers expect students to do well and show intellectual growth, they do; when teachers do not have such expectations, performance and growth are not so encouraged and may in fact be discouraged in a variety of ways.

3: Top to Bottom : In this Strategy goals are set hierarchically. First Goals will be set for the Top Management and then each Top management level will set goals for their respective unit goals such that they can fulfill their goals. Now each Unit head will set the goals for each employee in their unit.

4: POSDCORB : It is an acronym widely used in management. The acronym stands for steps in the administrative process: Planning, Organizing, Staffing, Directing, Coordinating, Reporting and Budgeting.

5: Organizational - Entity : 

The whole Organizations is look as formed by various entities. Each entity has its own contribution and significance towards the organisation. The goals are formed keeping in mind each such entities which would help organisation to achieve its main goal.

Work on the theory of goal-setting suggests that an effective tool for making progress is ensure that participants in a group with a common goal are clearly aware of what is expected from them. On a personal level, setting goals helps people work towards their own objectives - most commonly with financial or a career based goals. Goal setting features as a major component of personal as well as business development. 

QUOTE : WHAT KEEPS ME GOING IS GOALS -- MUHAMMED ALI

Thanks for Reading...!!! :)