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Stretch objectives are ambitious goals that go beyond what is thought to be possible or practical given present capabilities and resources. They encourage individuals and organizations to push their boundaries, think creatively, and strive for exceptional results. Stretch objectives provide key values; Driving Innovation and growth, Motivating and Engaging Employees, Encouraging Continuous Improvement, and Developing Resilience and Adaptability. An example would be a software development company that usually delivers projects within a certain timeline. Their stretch objectives would be to reduce delivery time by 50% in the next quarter. This objective exceeds what the organization has previously accomplished and may necessitate process changes, resource optimization, and enhanced efficiency.