How can managers balance the need for innovation and adaptability with the structure provided by goal setting?
How can managers balance the need for innovation and adaptability with the structure provided by goal setting?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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How can managers balance the need for innovation and adaptability with the structure provided by goal setting?
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Step 1: Define what is goal setting
The act of identifying specified, measurable, attainable, relevant, and time-bound (SMART) objectives or targets that an individual, team, or organization want to achieve is known as goal setting. It is an essential component of planning and management, acting as a road map for directing actions and efforts toward desired goals.
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