Goal Setting Theory and Attainment Strategies

1735 Words4 Pages
bulb-icon

Recommended: How strategic management contribute to organization success

Critical to the success of any business is having an organized plan to succeed. Many small businesses especially those that are started ad-hoc or almost by accident, are the guiltiest of not taking the time needed to establish clear objectives for their business. Even in large corporations, there may be an overall corporate mission, but it is not easily translated once middle managers seek to merge the corporate mission into their daily activities. Any business, whether a small entrepreneurial start-up or a one of the fortune 500 companies, will benefit from carving out time to establish a well thought out business plan. A critical component in implementing a successful plan is to put in place specific goals and create a plan on how to achieve them. The strategies to consider are business type or industry; competitor factorization; the availability of human resources; timeline and budget considerations are just a few. A strategic plan which incorporates goal setting and a defined map on how these goals will be attained will set in place the groundwork for a successful business. Organizational Goals As discussed there are a variety of different considerations that influence how goals are set, and the participants of this exercise are as important as the outcome. In addition, depending on the organization, an assortment of various goals based on its business philosophy is a consideration. Organization Goals are designed to produce a specific outcome. These goals fall into several different categories: official goals; operative goals; and operational goals (Barnat, 2007). Official goals are publically stated and involve a professionally drafted unified message addressed internally and externally. An example is the Whole Food Market S... ... middle of paper ... ...y of motivation. International Journal of Management, Businees, and Administration, 1-5. Retrieved from http://www.nationalforum.com/Electronic%20Journal%20Volumes/Lunenburg,%20Fred%20C.%20Goal-Setting%20Theoryof%20Motivation%20IJMBA%20V15%20N1%202011.pdf Lykins, L. (2012). Getting results:Aligning learning’s goals with business performance. American Society for Training & Development, 28. Retrieve from http://bluestem.csu.edu:2048/login?url=http://search.ebscohost.com/login Marler, L. (n.d.). Goal and goal setting. Retrieved from Reference for Business Encyclopedia of Business: http://www.referenceforbusiness.com/management/Ex-Gov/Goals-and-Goal-Setting.html Van Mierlo, H., & Kleingeld, A. (2010). Goals, strategies, and group performance: Some limits of goal setting in groups. Small Group Research, 524-555. Retrieved from http://sgr.sagepub.com/content/41/5/524

Show More
Related

  • Examples Of Organizational Goals For Innovative Health Care PMO

    809 Words  | 2 Pages

    Once an organization develops a mission statement, the next step in strategic planning is to align the company’s goals. The goals for a business should reflect the vision and mission of an organization, as well as assist in achieving the overall purpose of the company. Establishing organizational goals promotes the business’ mission and specifies the focus in which staff members should implement in day to day operations.

    Read More

  • SMART Goals And Goals

    1345 Words  | 3 Pages

    Establishing goals is a required skill for management. It encompasses the ability to take into consideration systemic

    Read More

  • Shea Moisture Case Study

    235 Words  | 1 Pages

    According to Brian Hill, goals and objectives are statements of what you want your small business to accomplish. Goals are usually set first, followed by objectives that help you measure your progress toward those goals. After establishing your goals and objectives, determine the specific actions and steps required to reach them (2018).

    Read More

  • Theory Of Goal Setting

    1044 Words  | 3 Pages

    The theory of goal setting was developed by Edward Locke and Gary Latham (1990) and states that there is a direct relationship between the setting of specific high goals and task performance. A higher degree of employee performance is obtained when specific goals are set compared to the performance achieved when employees are simply told to do their best (Latham & Locke, 2007). These findings have helped shape leadership styles and improve employee performance and job satisfaction (Posthuma & Al-Riyami, 2012).

    Read More

  • The Importance Of Goal Setting Theory

    1056 Words  | 3 Pages

    However, after reviewing our interview transcripts, and considering my peer’s issue, I believe that Goal Setting Theory would be the most applicable theory for solving my peer’s problem. In 1960s, Edwin A. Locke first proposed this theory, and then this theory has been developed. Locke and Latham referred (1990) that goal specificity is positively related to subsequent performance, and many following studies also indicate that there are a high correlation between these two variables.

    Read More

  • leadership

    572 Words  | 2 Pages

    Goal setting is a process; leaders must first fully understand and buy into the vision for the future of the organization. When leaders believe and trust in the direction the company is heading, their employees will as well, this allows them to create a goal path that people will want to follow. The creation of goals can be complicated at times, as mentioned by Clark it is important to keep a couple simple suggestions in mind, “goals should be realistic and attainable, should improve the organization, as many as possible should be involved in the goal-setting process, and the process...

    Read More

  • Personal Essay: My Experience With Goal Making

    843 Words  | 2 Pages

    My experience with goal making has always been a rough affair. The goals were not a source of motivation or inspiration for me. Instead the goals were a one-time action and were never to be found again once written down. It is not that I did not want to succeed in my goals or get the satisfaction of completing my goals, it is simply that my goals did not fit my specific needs and were not easy to follow. It is only now that I realize my goals were far from specific and measurable, realistic and challenging, and within a timeframe. Within this framework for goals my goals can become more inspirational to me and become a part of my life rather than a passing event in my life.

    Read More

  • Outdoor Adventure Paintball Park Case Study

    726 Words  | 2 Pages

    The managers must set organizational goals aligned with the company mission. This will provide a strategy for achieving those goals. For example, planning can be seen at every level such as creating goals for sales as well as for the customer experience (Higgins, 1994).

    Read More

  • Importance of Setting Goals

    604 Words  | 2 Pages

    Setting goals is the most important thing you can do in your life. Without goal's you are going to have no direction, no ambition to be successful, no drive to stay in school, and trouble finding a career that will provide for you. Without these three things, achieving your goals is going to be one of the toughest tasks in the years to come.

    Read More

  • Essay On Goal Setting

    1884 Words  | 4 Pages

    According to Moorhead and Griffin (1998), “the critical variables in goal setting are goal difficulty, specificity, and proximity when performance is considered”. Goal specificity is “the clarity and precision of a goal”, and is central to the goal-setting theory. Brown and Latham (2001) found that “employees have high performance when specific high goals are set”. Furthermore, setting a specific high learning goal leads to higher performance than either a specific high performance goal or a vague goal “to do your best” (Seijts et al., 2004). This is because they specify the amount of effort required for success and boost self-efficacy by providing a clear standard against which to determine progress (source). Based on this premise, an organisational school goal...

    Read More

  • The Goal: A Process of Ongoing Improvement

    1122 Words  | 3 Pages

    “The Goal” is a book written by Eliyahu M. Goldratt and Jeff Cox in 1984. The book is very famous in the management field. In 2004, the author published the third revision of it and celebrated selling over than three million copied of it around the world. Also, the goal book is taught in over than 120 collages. The book was recommended by my professor to be read and summarize as an extra credit.

    Read More

  • Qualistics Of Effective Goals: The Definition Of Goals

    556 Words  | 2 Pages

    One who wants to succeed in life should have goals. As the definition of goals are the instructions in general to clarify the achievement that you wanted (Michigan 1999). By setting goals, one will have a sense of direction in achieving what they wanted. However, goals are often mistaken with objectives where goals have broad statements, general purpose, something that we could not touch and see, and hard to measure while objectives are specific and precise, tangible, and measurable. According to Bartle (2011), he stated that the objective is more specific, measurable and verifiable than the derived of goals. Thus, the goals mean the reasons toward which an effort is directed or intended become the result or the achievement attained.

    Read More

  • Reflective Essay On Goal Setting

    1178 Words  | 3 Pages

    Out of everything that we 've learned this quarter, goal setting was something that stood out to me. There are a few times where I set a goal in my head but end up never achieving them, wether it was something very simple or more of a long term goal. A technique that stood out to me in our notes is, writing down your goals. I don 't I 've ever written down a single goal that I 've had. In class and in our notes we talked about how it is important to write down your goals and how you cannot just write the general idea of your goal, but how you need to be very specific in what it is you want to achieve. I think that in college it 's very important to set long, mid, and short term goals because somedays will be harder than others and you need

    Read More

  • Setting and Achieving Goals

    748 Words  | 2 Pages

    A person needs to achieve certain goals in one's life before you can call them successful. Success is to achieve goals, you have set. I have set certain goals I would like to achieve in my lifetime. Some of these goals are personal while others are professional. My professional goals in life are to find a good job that makes me happy, get a good education, find a job that makes enough money for me to support my family, and help people. Goals it is very important for me to receive a good education. Most job fields require a descent education. If I don't have an education I would not be able to function properly at the work place and I would not understand what to do. To maintain a good job that will make good money will require me to go thorough schooling or training and maybe even both. Education is the first and foremost way to become successful, because the job I will choose will need me go to school and maybe even beyond college. My happiness in what I do is also a goal for me I my life. There is no way someone can become successful if they are not happy with what they are doing. ...

    Read More

  • E-Business Architecture

    1853 Words  | 4 Pages

    Before starting any business you should consider its objectives, in order to develop a strategy. It is the strategy that lays out how the objectives will be achieved and determines deadlines for achieving them. If and when the goals are reached the business will be successful.

    Read More

More about Goal Setting Theory and Attainment Strategies

Open Document