Comment on the following goals and revise these, if necessary, according to the ideal characteristics of goals (SMART/FAST). Justify your answers well and provide context to your answers. 1. Our organization will be the best it can be in the next 7 days.

Comment on the following goals and revise these, if necessary, according to the ideal characteristics of goals (SMART/FAST). Justify your answers well and provide context to your answers. 1. Our organization will be the best it can be in the next 7 days.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Related questions

Q: Look at the question below

A: Setting deadlines assist people in accomplishing their goals in a restricted amount of time. A goal…

Q: consequences of using traditional goals setting vs management by objectives

A: Management by Objectives is a strategic tool used by organizations to improve their overall…

Q: The MBO technique putting too much emphasize on achieving goals (ends) and not enough on the methods…

A: Management by Objectives (MBO) The objectives agreed upon by the management and the employees to…

Q: Please explain and elaborate the things below: Planning is an essential capacity of the executives.…

A: Organizing and thinking about the steps necessary to achieve a goal is known as planning. Both…

Q: Management by objectives is a joint goal setting process . In the light of this statement explain…

A: Management by Objectives is a vital branch of management. Under this, the organization and employees…

Q: A strategy is a focused plan that guides organizational decisions. Select one :- a.Ture b.fulse

A: Decision-making alludes to settling on decisions among elective blueprints—which may likewise…

Q: As a healthcare manager, how can I use the strategic planning information Providing 1 example?…

A: Strategic planning is integral for healthcare managers in navigating the complex and dynamic…

Q: Management by objectives is a joint goal setting process . In the light of this statement explain…

A: Introduction : Management by Objectives is an approach or process designed for managers who have…

Q: What is the summary of the Ted Talk "Why the secret to success is setting the right goals" by John…

A: In the Ted Talk "Why the secret to success is setting the right goals" by John Doerr, the speaker…

Q: Managers are responsible for helping organizations to achieve their objectives and for creating and…

A: Companies & organizations require effective management to attain business goals. There are…

Q: Leader as Beacon & Architect Planning Document For this next portion of the planning document, you…

A: Strategic Management is the continuous course of arranging, examining, and dealing with an…

Q: Goals are not all written the same way. Some are better than others at making the desired outcomes…

A: Characteristics of well-designed goals are: The goals of an organization should be clearly defined…

Q: Planning is the primary function of management as it establishes the platform for all the other…

A: Concept Introduction :- Planning is the central function of management, which helps in determining…

Q: "The strategic management as a management philosophy is reflected in the structure of plans. Discuss…

A: The statement that "The strategic management as a management philosophy is reflected in the…

Q: SmartTech Ltd. is an IT and Software development company dealing with clients all over Malaysia,…

A: Strategic management is the continuous arranging, checking, investigation, and evaluation of all…

Q: How to revise the statement based on FAST goals?

A: SMART stands for Specific, Measurable, Achievable, Relevant and Time-bound. Whenever you choose to…

Q: "Planning is doing the work to attain goals," as the saying goes. Do you fully agree? Give…

A: Management is a social activity that entails the requirement to plan and oversee an organization's…

Q: 1. Elvis owns three recording studios across Tennessee. He has set a goal for his company of cutting…

A: Actually, costs should be reduced as much as possible, to maximize income. Instead, cutting costs…

Q: Q1(a). Develop a SWOT Analysis of your organization. Q1(b). Indicate how each of the strengths…

A: Organization- An organization is a group of individuals working together to achieve predetermined…

Q: 1. Views of management have changed over the past century. This is true, in the past times the…

A: New management is the act of putting measures into place to manage endpoints uniformly and…

Q: What is the importance of goal setting to business strategy?

A: Strategy These refer to the organization's policies and procedures that have been determined to…

Q: Topic one: What do you know about the MBO (management by objective) system? In what way, do you…

A: MBO is a crucial part of each organization.MBO helps an association in defining various objectives…

Q: could you answer the following question: the answer should be more than 250 words and with reference…

A: Objectives are essential for each part of business/life and give an internal compass, inspiration, a…

Q: explain the importance of management by objectives

A: Determine requirements that are met through communication 1.2 Incorporate the transactional…

Q: Explain these four business management styles in pursuing organizational goals with an example?…

A: Business management style refers to a scenario whereby senior leaders of the organization decides on…

Q: Randall is the leader of a team of sales representatives for a used car dealership. The company is…

A: Randall is trying to address the problem of declining sales and profitability in the face of…

Q: answer quickly as soon as possible

A: Below mentioned are the importance of motivation: 1. The first importance of motivation is that it…

Q: "The strategic management as a management philosophy is reflected in the structure of plans .…

A: Introduction: Strategic Management: The term ‘strategic management’ is used to refer to the art and…

Q: How do strategies form in organizations? Research into the question is necessarily shaped by the…

A: Henry Mintzberg introduced 5 strategic visions for organizations that specify the implementation of…

Q: ll management decisions consider quantitative information (factors which can be measured in…

A: Qualitative factors related to decision making which are reflective of non-measurable factors which…

Q: Strategic Focus Discipline AnalyticalRestorative Choose an initial goal: 1. Is this goal…

A: SMART goal setting is an approach used to create goals that are Specific, Measurable, Achievable,…

Q: The concepts vision and mission can be used interchangeably. Select one: O True O False

A: Vision can be said to be an image of how a person see's his future and it is always aligned with the…

Q: Management is all about Planning, organizing, leading and controlling. Explain and exemplify all…

A: Management is administrating the organization. Setting the strategies and coordinating the…

Q: Use the SMART principle to determine the success of the CEO’s goal for the organisation.

A: The SMART principle is a framework used for setting and evaluating goals effectively. It is an…

Q: Tom has recently opened a new vehicle service centre with eight employees. As part of his managerial…

A: Nowadays it is very important for all the organizations to set their that will form a part of their…

Question

Comment on the following goals and revise these, if necessary, according to the ideal characteristics of goals (SMART/FAST). Justify your answers well and provide context to your answers.

1. Our organization will be the best it can be in the next 7 days.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

Step 2

Step 3

Step 4

Step by step

Solved in 4 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

I need the answer for the question below, and it's from the Business Strategy Game Q: Explain your thought processes through the game, highlighting the decisions that were most important.
Explain to John, based on the information included in the scenario, the key drivers, linkedto what was discussed in the course, that would affect strategic management and decisionmaking in the organization.
1. How important is planning to organization managers? 2. How do you plan to reach your goals?
The Management by Objectives technique has been criticized for putting too much emphasis on achieving goals (ends) and not enough on the methods that people use to achieve them (means). In reference to the scenario, discuss strategies you would apply to place a balanced emphasis on ends and means.
CMC is one of the top healthcare institutions in the Arab world. This success is not by chance. The company has well trained team in charge of measuring the company goals to see if it is aligned with the company strategy. CMC knows well that having the right goals should be based on criteria's. * O Relevant O All of the answers O Measurable O Achievable
Planning offers three important benefits. They are intensified effort, synergy, and direction. 1. True 2. False
SHORT ANSWER If you were a business owner, which of these goals might you be able to accomplish using the framework of Theory Z or Theories X and Y? Could you use Theory Z to work on one goal and use Theories X and Y to work on another goal, thereby accomplishing two goals with these theories by using a different approach on each of the two goals? Goal 1: Improve quality of a product or service. Goal 2: Improve employee collaboration. Goal 3: Foster decision making skills in the workforce. Goal 4: Develop and maintain a successful workforce in a global environment. Goal 5: Develop strong leadership in the work place. Goal 6: Foster adherence to organizational values, ethics, and professional responsibility.
"Contemporary business organizations need to allocate more time on planning." Examine this statement using examples