The two SMART goals as discussed by Kinicki and Williams (2013), that I feel apply in the text that is described and based on the text about GM include:
One SMART goal would be “attainable,” because in the article by Sharon Terlep (2012), Daniel Ammann; the chief financial officer for GM, was quoted in an interview saying, “GM has loftier ambitions, and GM aims “to raise” their profit margin over the next several years to 10 percent.” This statement signifies that General Motors has predetermined a “corporate goal” they wish to accomplish within a set amount of time; which in my opinion, is reasonable to achieve.
My second choice of a SMART goal pertaining to GM’s plan of success would be that their goals are “specific.” GM specifically
The company also has many smart objectives to achieve, e.g. they are looking for awareness of the brand, growth and sales to make more profit. However these objectives have to be SMART (specific, measurable, achievable, realistic and time scale) in order to be successful and to see
They must be specific, measurable, supported, and achievable. These goals will be motivators for the immediate time to come. Unobtainable goals are discouraging and provide no real way to achieve company goals.
In order to be productive all members of staff should be aware of the goals of the firm. Knowing the goals allows the manager to make effective decisions. The goals of the firm can be viewed as the motives of the entrepreneur’s who own and run the firm. There a number of goals that a firm can pursue in its day-to-day
The company goals are straight forward; maintaining efficient interdependent groups that work together to achieve
(2) Managers should set reasonable goals. We suggest that managers should set moderately difficult goals. Goals can be a strong motivator to help the company to strive for better. According to Griffin (2011), managers should set goals that are specific and moderately difficult. A specific and moderately difficult goal can motivate people to work harder, especially if attaining the goal is likely to result in rewards (205). In addition to verbal
Problem Statement: The client has been experiencing excessive and uncontrollable worry regarding various events and activities for at least six months. This is accompanied by physical symptoms such as nausea, vomiting, shortness of breath, and trouble swallowing. Additionally, the client is presenting with symptoms of depression, including feelings of hopelessness, lack of motivation, and suicidal tendencies. These symptoms significantly interfere with daily functioning, affecting the client's ability to study and maintain healthy relationships. The client is seeking treatment due to the distressing experiences caused by these symptoms.
Specific: A Specific goal which is set in order to have a much greater chance of being accomplished than a general goal.
Each of the targeted or hopeful goals has specific information in regards to the primary goal.
my servant leadership practice. A SMART goal is: (a) specific, (b) measurable, (c) achievable or attainable, (d) realistic or relevant, and (e) time-bound or time-based (Daft, 2014).
Target has a multi-year strategic goal plan that was implemented in various stages, beginning in 2009. These goals include increased sustainable seafood selection, increased organic food offerings, improved owned-brand packaging sustainability, reduced waste, reduced greenhouse gas emissions: per retail sales and square foot, increased Energy Star certifications, reduced water usage, and improved transportation efficiencies: inbound and outbound. As of fiscal year 2014,
SMART stands for specific, measureable, attainable, and relevant and time- bound. Specific – a goal must be specific as it helps to make the decisions made by the organization more clear and unambiguous. With the help of these goals,
A SMART goal is simply a goal that is Specific, Measurable, Attainable, Results-oriented, and has Target dates. One of GM’s SMART goals was its strategic plan to reduce the total number of auto platforms from 30 in the year 2010, to 24 in 2014, and to 14 by the year 2018. This goal is SMART because it is very specific; reducing the number of auto platforms from 30 to 14 within 8 years. It is measurable in the sense that GM set specific points for these goals to be achieved. By setting a 4-year interval (2010-2014, 2014-2018) within this goal, GM seeks to measure the level of success of this goal. By measuring its level of success, its attainability can also be determined. GM’s primary objective behind this objective is to make a lot of savings on it huge engineering budget by building vehicles all over the world that are made from the same basic parts and assembled in plants that use the same type of tooling. This objective therefore makes the goal result-oriented since it gears the company towards achieving its vision. GM also sets target dates for which these goals would be implemented. Specific years for the implementation of these goals are indicated.
“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.
The sales of the company are already up by 15% they are trying to increase the sale by anther 18% by end of this year. This means they want to have an increase in profit by a double-digit number.
Here’s a list of different goals with different scenarios about how they can be set up. We will now illustrate better, what is realistic and what is not: