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The objectives are to reach the Organisation set GOAL.
Now I understand what is KPIs.
and also the negotiation between the organisation and employees. Both sides will be benefited if clearly stated and defined of their expectations, prepare to met the targets and achievement goals.
A system of accountability has to be established in an large scale organization. Management has to maintain a system of such in order to demonstrate responsibility & stability.
clearly explains if an organization has objectives and a structure the management becomes easy.
A common goal for everyone associated with the organization
The management uses objectives to clearly define the tasks that have to be perfomed and targets that have to be achieved to the employees and other manegement levels.
Management uses of objectives to define staff's role, function, and responsibilities in the workplace. This will provide them with a good understanding of the job and tasks they are to perform as an individual and within any teams they are a part of. It also provides information on where they fit within the organisation and who they report to, helping to avoid disputes and misunderstandings over authority. When defining roles and responsibilities in the workplace, management may need to create a list of all of the staff and a list of all of the tasks and roles within the organization. The management can then assign the roles to each staff member or group of staff. It is important to remain flexible and be prepared to modify the plan in consultation with the employees. Once each person's roles and responsibilities is defined, they can record this in a "job description". This can be as formal or informal as they prefer, however it is important to record the key information. Job descriptions provide the opportunity to clearly communicate each individual's roles and responsibilities and also serve as a way to measure performance by setting KPI's (Key Performance Indicators) against the tasks or requirements. With the role of each individual in the organisation defined, the management can create an organization chart. This chart is a tool that helps to define the inter-relationships between all departments, divisions, teams and people. It defines reporting structures and lines of authority and responsibility, providing a picture of how the organisation functions. Failing to define workplace roles and responsibilities can create tension, miscommunication and inefficiency within your business. Staff may be unsure as to what jobs are their own and who they are required to report to. Mistakes and omissions can also occur where people are unsure of what is required of them, therefore creating inefficiencies which cost time and money.
Business Management - Management uses of objectives
Management uses of objectives
Management uses these objectives to clearly define, for its employees and
other management levels, the tasks that have to be performed and the
targets that have to be achieved. These objectives will then be used to
measure or to assess the performance of the organisation as a whole, a team
of employees or managers, or individual employees or managers. As a result
of this evaluation, the organisation may revise its objectives for the next
time period and then draw up a revised strategy for the organisation to
There are a number of advantages or benefits to an organisation of
establishing objectives. These include:
* performance expectations of both managers and employees are clearly
stated and defined
* communication and liaison between managers and employees is made easier
by establishing a common set of objectives
* planning at all levels - strategic, tactical and operational - is made
easier and an evaluation of the planning process may be undertaken
* the objectives may be communicated to all stakeholders of the
organisations (stakeholders being any individual, group of individuals or
organisations which have a 'vested' interest in the successful operation of
the organisation, i.e. they stand to lose something if the organisation
does not succeed) and thus become part of the culture of the organisation
* a measuring yardstick or standard will be established and the
organisation can set itself up as the benchmark for other organisations
* a system of accountability and responsibility is established within
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