Strategic planning and goal setting are fundamental aspects of effective management guiding organizations toward their long-term objectives. Managers play a pivotal insle in formulating and communicating strategic plans, ensuring alignment with thঠক মেলামে mission and vision of the organization. Setting SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals is essential for providing clear direction to teams and measuring progress. Effective managers not only establish goals but also inspire and motivate their tearns to work collaboratively toward achieving them   Question: How can managers strike the right balance between setting ambitious goals and ensuring they are realistic and achievable, fostering a culture of innovation and high performance within their teams?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Strategic planning and goal setting are fundamental aspects of effective management guiding organizations toward their long-term objectives. Managers play a pivotal insle in formulating and communicating strategic plans, ensuring alignment with thঠক মেলামে mission and vision of the organization. Setting SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals is essential for providing clear direction to teams and measuring progress. Effective managers not only establish goals but also inspire and motivate their tearns to work collaboratively toward achieving them

 

Question: How can managers strike the right balance between setting ambitious goals and ensuring they are realistic and achievable, fostering a culture of innovation and high performance within their teams?

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