Strategic goals of the organization: types and rules of compilation
Posted: Mon Jan 20, 2025 3:40 am
What are we talking about? The strategic goals of a company are an element of long-term planning that directly affects the financial stability of the company. They may concern not only increasing profits, but the entire turnover of money in the organization as a whole.
What to pay attention to? Strategic goals are not just expectations that the owner wants to realize. They must comply with certain requirements in order to be a truly effective tool.
The article explains:
Concept and characteristics of strategic goals
Types of strategic goals of the organization
Benefits of Setting Strategic Goals in an Organization
Strategic goals and teacher database other business processes of the organization
Stages of forming the company's strategic goals
Hierarchy of strategic goals of the organization
Examples of strategic goals of famous organizations
Problems in setting strategic goals
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Concept and characteristics of strategic goals
The strategic goals of an organization are the guidelines that determine long-term development plans. Based on them, top management can develop policies in various areas, plan financial activities and production development. As an example, we can consider the strategic goal of maximizing the market value of an enterprise. In accordance with it, the company will develop a financial development plan.
Concept and characteristics of strategic goals
Strategic goals are characterized by:
Completeness. Goals are developed for each area of the enterprise, the result can be assessed separately for each of them and for the company as a whole.
Measurability. Any goal should be digitized; this approach guarantees an accurate assessment of the effectiveness of the result. Calculations will be transparent for all participants in the process.
Clarity. The goal must be understood equally by all departments. Then each employee at any level will clearly perform their task.
The development of a business strategy and its implementation depend on the current state of the company. Many factors are studied: the competitive environment, the demand for the product, the company's position on the market.
What to pay attention to? Strategic goals are not just expectations that the owner wants to realize. They must comply with certain requirements in order to be a truly effective tool.
The article explains:
Concept and characteristics of strategic goals
Types of strategic goals of the organization
Benefits of Setting Strategic Goals in an Organization
Strategic goals and teacher database other business processes of the organization
Stages of forming the company's strategic goals
Hierarchy of strategic goals of the organization
Examples of strategic goals of famous organizations
Problems in setting strategic goals
5 Scenarios for Using Neural Networks to Increase Website Conversion by 40%
Download for free
Concept and characteristics of strategic goals
The strategic goals of an organization are the guidelines that determine long-term development plans. Based on them, top management can develop policies in various areas, plan financial activities and production development. As an example, we can consider the strategic goal of maximizing the market value of an enterprise. In accordance with it, the company will develop a financial development plan.
Concept and characteristics of strategic goals
Strategic goals are characterized by:
Completeness. Goals are developed for each area of the enterprise, the result can be assessed separately for each of them and for the company as a whole.
Measurability. Any goal should be digitized; this approach guarantees an accurate assessment of the effectiveness of the result. Calculations will be transparent for all participants in the process.
Clarity. The goal must be understood equally by all departments. Then each employee at any level will clearly perform their task.
The development of a business strategy and its implementation depend on the current state of the company. Many factors are studied: the competitive environment, the demand for the product, the company's position on the market.