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Goals & KPI Management
Discover what goal and goal management means and how it contributes to your success. Join us on a journey through different methods and tools that will help you drive your organization towards continuous improvement and success.
Goals and Goal Management: The Key to Success in Organizations
Goals and goal management are a fundamental component of creating a successful organization. It is about identifying and following up on clear objectives to ensure that the business achieves its overall objectives.
Goals and goal management create focus and engagement within the organization, leading to higher productivity and better results.
By using measurable goals, organizations can easily track progress, identify any gaps, and take the necessary steps for improvement.
Goal management helps organizations ensure they meet customer requirements, improve the quality of their products and services, reduce environmental impact, and comply with laws and regulations — not just that they are financially successful.
Effective Goal Management for Successful Organizations
Explore how goals and goal management help organizations create focus, engagement, and continuous improvement, while meeting quality, environmental, and regulatory compliance requirements.
Goal management is a system that aims to create focus and deliver results. It involves identifying goals, defining milestones and following up metrics that can prove whether or not the goal has been met. Having well-defined and measurable goals is critical to success, whether you're a CEO, management team member, or just looking to do your best at work.
The Importance of Goal Management
Goal management creates a foundation for decision making, resource allocation and seeing if we actually succeed. It ensures that everyone in the organization is working towards the same overall purpose and that everyone's work is coordinated and effective. In addition, goal management can help you meet customer requirements, improve the quality of products and services, reduce environmental impact, and comply with laws and regulations.
Methods and tools
There are several methods and tools for goal management, such as Balanced Scorecard (BSC), Activity Based Management (ABM), KPIs, Management By Objectives (MBO), Objectives and Key Results (OKR), and Total Quality Management (TQM). The choice of method and tool depends on your business and your needs, but all of these methods have in common that they help create a culture of responsibility, commitment and results.
Connection to ISO certification and management systems
When a company is certified according to ISO 9001, for example, they must work with goal management. The goal management process, in addition to containing how goals are set, should include a review and evaluation system to ensure that the objectives are met and that the company maintains the right direction to achieve its desired objectives.
Want to know more?
Contact us today to discuss how we can help you implement effective goal management and create a successful management system.
Learn the difference between OKR and traditional goal management models like MBO. Explore the benefits of flexibility, transparency and a high level of ambition that OKR offers. Ideal for leaders who want to drive growth and innovation.
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