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This will help you grow more quickly and improve profitability more easily.
However, unless they are backed up by specific action plans, your annual plan will just be a document that gathers dust.
By breaking goals down and assigning responsibility for specific objectives, you'll be able to turn your business goals into reality.
Business goals are part of a larger process that starts with the vision and mission of your company and ends with specific goals, objectives, and action plans that help you move your business forward.
Business goals should be SMART (specific, measurable, attainable, realistic, and time-bound).
A measure of change in order to bring about the achievement of the goal.
The attainment of each goal may require a number of objectives to be reached (see figure below).An organisation may set several goals that will outline a path to achieving the vision.The goal of attaining 50 qualified and active coaches will be an important step in achieving the vision of becoming most dynamic, most respected and best achieved club in the district league.When your organization is known for being easy to do business with, it will be simpler to attract new clients and build your company.Examples of customer service goals include: When you have strong results in customer service, you will retain more of your current clients.Similarly, each goal in the strategic plan will in turn require a number of objectives to be successfully achieved.The figure opposite is a simple illustration showing that each of six goals has two objectives.A goal is a specific target, an end result or something to be desired.It is a major step in achieving the vision of the organisation.In the strategic planning context a goal is a place where the organisation wants to be, in other words a destination.For example, a goal for a sporting organisation might be to have 50 qualified and active coaches.