What are some best practices for communicating and cascading goals throughout an organization?
What are some best practices for communicating and cascading goals throughout an organization?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Problem 1CE
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What are some best practices for communicating and cascading goals throughout an organization?
Expert Solution
Step 1: Introduction to Goals of an Organization
The exact results or accomplishments that an organization seeks to attain within a given time frame are known as its objectives, often known as organizational goals or business goals. These objectives set a clear course for the organization's actions, choices, and initiatives. Organizational objectives typically fall under a variety of headings, including:
1) Strategic Goals
2) Tactical Goals
3) Operational Goals
4) Financial Goals
5) Customer Goals
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