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PRESTIGE INSTITUTE OF MANAGEMENT

OBJECTIVE SETTING
PRESENTED TO PRESENTED BY
PROF. SHAFALI CHAUHAN PRIYANSHI
RAGHVENDRA
RASHI
RUCHITA
It is important for leader and manager to get the process of setting objectives
right, as inadequately formulated objectives could guide an individual, a team
or an organization in the wrong direction. Specific and measurable objectives
provide a definition of the success of a protect or initiative.
 1. Specific – Your goal has to be specific. Some vague notion of wanting to be
bigger next year is not specific. It’s like a dieter saying they want to lose some
weight. It’s too vague. How much weight do they want to lose? How much
bigger can you grow as a convenience store business?
 2. Measurable – The goal has to be measurable. You have to be able to
measure your progress with accessible numbers that are directly indicative and
meaningful to your pursuit.
 3. Achievable – Is the goal achievable for you as a business? Reducing
shrinkage to zero may not be achievable, or as our next step says, realistic.
 4. Realistic – When looking at past performance and growth, is your goal
realistic? Remember what I said earlier about too high or too low goals. They
only serve to frustrate a high functioning team.
 Objective help to define the organization in its environment .
 Objective help in coordinating decisions and decision-makers.
 Objectives help in formulating strategies.
 Objectives provide standards for assessing organizational
performance.
 Objectives tends to constitute a hierarchy as well as a network.
 A hierarchy ranges from a broad aim to achieving specific targets.
 All but the simplest organization pursue multiple objectives.
 Objectives are not strategies.
 A formal set of procedures that establishes and reviews progress towards
common goal for managers and subordinates.
 The term “management by objectives” was first popularized by peter Drucker in
his 1954 book the practice of management.
 Drucker insisted that manager and staff member set their own objectives or at
least be actively involved in the objective-setting process.
 Formulating Goals and objectives Having a successful class teachers should formulate
good goals and Objectives
 Formulating Goals-
 Conceptualization of content ,your beliefs ,and your assessment of students’ needs
Example: Four skills, Knowledge, Attitude.
 Relationship between goals and objectives-
 Goals putting the main purpose and intended out comes of your course( purpose : what
the students should be able when they leave the course.