Setting and Achieving Goals To have a successful company, a leader must undertake and play a numerous amount of roles in the company. One roll a leader must play is the overall long term vision of the company. A leader also is there to see how operations on going on an everyday biases and must make sure that his staff is knowledgeable and aware of the vision for the future of the company. The vision of the business is not only the priority of the leader, but also the workers must work hand in hand with the leader to reach the common goal of the company. How might effective leaders create a vision for their company? Effective leaders must take into consideration and also analyze the companies budget, competition, and level of risk to create the vision. Researching information and facts are what leaders form their vision based upon. Once the researching is done, the leader will then need to take steps to find which type of planning will be the most productive and effective for the organization. The two most popular and most effective types of planning an organization can take to create an effective strategy are the strategic plans and operational plans Strategic Plan Strategic planning is the first step a leader take to put together a vision.
…show more content…
This type of planning is the long term plan that will put forth the overall goals the company wants to achieve. When the strategic plan is taken on, companies are looking to achieve the goals set up in roughly three to five years. SMART goals is the concept the organization should be using to measure the goals that the leaders have set. Each letter in SMART is a unique step to the process. The first letter “S” represents, specific. Specific refers to how employees play a strategic and specific role in order to reach certain goals. The second letter is “M” which represents, measurable.
Running Head: Setting and Achieving Goals 3 When measuring a strategic plan, it is important that there are progress checks along the way, this allows the company to make sure that they are staying the course towards their overall goal and vision. Without these checkpoints organizations can skew away, and get off track, which in turn will delay them from reaching their vision. “A” is the third letter and is considered to be the most important letter and represents attainable. Being able to understand if a goal is attainable in strategic planning can be a huge factor in making a company success or not. Being an effective leader is to make sure that the goals being set are in fact attainable so that the business or organization is successful in the end. The second to last letter, …show more content…
These types of plans are generalized under operational planning. Operational planning is more concerned with the day-to-day operations of a company, it fills in the middle portion of the companies overall goal and vision. Its main purpose is to provide its employees with a structure and help them understand their tasks and obligations to complete that are in line with the companies overall goal and vision. While strategic planning may focus on the end goal from 2015 to 2020, Operational planning creates strategies for employees to complete the goals of 2016 that keep them on track and continuing the overall goal at the end of
This type of planning is the long term plan that will put forth the overall goals the company wants to achieve. When the strategic plan is taken on, companies are looking to achieve the goals set up in roughly three to five years. SMART goals is the concept the organization should be using to measure the goals that the leaders have set. Each letter in SMART is a unique step to the process. The first letter “S” represents, specific. Specific refers to how employees play a strategic and specific role in order to reach certain goals. The second letter is “M” which represents, measurable.
Running Head: Setting and Achieving Goals 3 When measuring a strategic plan, it is important that there are progress checks along the way, this allows the company to make sure that they are staying the course towards their overall goal and vision. Without these checkpoints organizations can skew away, and get off track, which in turn will delay them from reaching their vision. “A” is the third letter and is considered to be the most important letter and represents attainable. Being able to understand if a goal is attainable in strategic planning can be a huge factor in making a company success or not. Being an effective leader is to make sure that the goals being set are in fact attainable so that the business or organization is successful in the end. The second to last letter, …show more content…
These types of plans are generalized under operational planning. Operational planning is more concerned with the day-to-day operations of a company, it fills in the middle portion of the companies overall goal and vision. Its main purpose is to provide its employees with a structure and help them understand their tasks and obligations to complete that are in line with the companies overall goal and vision. While strategic planning may focus on the end goal from 2015 to 2020, Operational planning creates strategies for employees to complete the goals of 2016 that keep them on track and continuing the overall goal at the end of