1. Goal Setting in Organisations
Adapting this definition to fit with organisations, a goal can be seen as a specification of a future target or end result that the organisation is seeking to achieve (Mgmt 101 Lecture notes, 09/04/03) The purpose of goal setting in organisations is to plan by "stating in advance where your organisation intends to be at a specific point in the future" (Inkson & Kolb, 2002). ... Businesses can create goals in eight main areas, which are market standing, innovation, human resources, financial resources, physical resources, productivity, social responsibility, and profit (Mgmt 101 Lecture notes, ...
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