Is the process of setting performance objectives and determining how do you accomplish them?

Step 1. Define your objectives Know where you want to go; be specific enough to know you have arrived when you get there and how far off you are along the way.

Step 2. Determine where you stand vis-à-vis objectives Know where you presently stand in reaching the objectives; identify strengths that work in your favor and weaknesses that can hold you back.

Step 3. Develop premises regarding future conditions Generate alternative scenarios for what may happen; identify for each scenario things that may help or hinder progress toward your objectives.

Step 4. Make a plan Choose the action alternative most likely to accomplish your objectives; describe what must be done to implement this course of action.

Step 5. Implement the plan and evaluate results Take action; measure progress toward objectives as implementation proceeds; take corrective actions and revise the plan as needed.

What is setting objectives in management?

Objective setting is when an organization plans goals and how to meet them on a realistic timescale. Objectives help define what each department's and employee's responsibilities are within the organization.

How do you develop performance objectives?

5 STEPS TO BETTER PERFORMANCE OBJECTIVES.
1) Share your business goals and measures of success..
2) Set employees up for success..
3) Include different types of performance objectives and include key performance indicators (KPIs) that measure progress toward key goals..
4) Follow a general format..

What is the process of planning in management?

Planning in management is about what steps you need to take to reach the goal, what changes and hurdles to anticipate, and how to utilise human resources and opportunities to reach the expected outcome.

What does performance objective mean?

DEFINITION: A performance objective is a specific end result that contributes to the success of the unit or organization and that an employee is expected to accomplish or produce.