Setting effective company goals involves several steps:
1. Align with Vision and Mission: Ensure that the goals align with the company’s vision and mission statements. This alignment ensures that all efforts contribute to the larger purpose of the business. 2. SMART Criteria: Goals should be Specific, Measurable, Achievable, Relevant, and Time-bound. This approach ensures clarity and feasibility. 3. Employee Involvement: Involving employees in the goal-setting process can enhance commitment and provide valuable insights. 4. Regular Review: Periodically reviewing and adjusting goals based on performance and changing circumstances ensures they remain relevant and attainable. 5. Resource Assessment: Evaluate the available resources and determine what is needed to achieve the goals.