Each person is to work alone for at least 30 minutes with this exercise. After sufficient time
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Question:
Writing and evaluating goals seem simple, but they are often not done well in organizations. The press of time, previous habits, and little concern about the attributes of a goal statement are reasons goals are often poorly constructed. Actually, a number of guidelines should be followed in preparing goals.
1. A well-presented goal statement contains four elements:
a. An action or accomplishment verb.
b. A single and measurable result.
c. A date of completion.
d. A cost in terms of effort, resources, or money, or some combination of these factors.
2. A well-presented goal statement is short; it is not a paragraph, but should be presented in a sentence.
3. A well-presented goal statement specifies only what and when and doesn’t get into how or why.
4. A well-presented goal statement is challenging and attainable. It should cause the person to stretch his or her skills, abilities, and efforts.
5. A well-presented goal statement is meaningful and important. It should be a priority item.
6. A well-presented goal statement must be acceptable to you so that you will try hard to accomplish the goal. The goal statement model should be:
To (action or accomplishment verb) (single result) by (a date—keep it realistic) at (effort, use of what resource, cost).
An example for a production operation:
To reduce the production cost per unit of mint toothpaste by at least 3 percent by March 1, at a changeover of equipment expense not to exceed $45,000.
Examine the next four statements that are presented as goal statements. Below each goal, write a critique of the statement. Is it a good goal statement? Why? Discuss your viewpoints in the class group discussion.
1. To reduce my blood pressure to an acceptable level.
2. To make financial investments with a guaranteed minimum return of at least 16 percent.
3. To spend a minimum of 45 minutes a day on a doctor-approved exercise plan, starting Monday, lasting for six months, at no expense.
4. To spend more time reading nonwork-related novels and books during the next year.
Related Book For
Managerial Accounting A Focus on Ethical Decision Making
ISBN: 978-0324663853
5th edition
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
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