Ba 345 Smart Goal Paper

330 Words1 Page
bulb-icon

Recommended: Essay on SMART goal setting

During the progression of the BA 345 Principles of Management the class was prompted to create a personal strategic plan related to the interest and guidance towards a specific SMART goal. Whether it be career, business or personal goals I fully believe in the proven importance of goal setting along with correctly planning.
My personal goal is to get to a point in my career in the financial field where I am financially stable and experienced to the point where I am able to leave whatever corporate financial job I have at the time. I would like to leave that position to pursue self-employment as a day trader. Like most people the idea of the freedom’s related to self-employment is attractive and I am no exception, these goals relate to both

Show More
Related

  • Lockheed Martin Executive Summary

    1500 Words  | 3 Pages

    Strategic Planning—the process of developing a plan to achieve organizational purpose—is a management tool used to focus a workforce’s energy. Strategic planning ensures that the workforce achieves an organization’s mission. It is used by large organizations to increase the chances for long-term growth and profitability (Auka, 2016). Lockheed Martin’s strategy is well-aligned with the organization’s mission, vision, and values, reviewed carefully by a well-qualified team, and regularly measured against the appropriate objectives. This has positioned the corporation for success.

    Read More

  • Strategic Plan for Mayo Clinic

    1477 Words  | 3 Pages

    A strategic plan is a tool that delivers guidance in achieving a mission or goal with maximum proficiency and control for an organization. Strategic planning is used to transform and revitalize organizations. The plan helps provide an inclusive understanding of opportunities and challenges both internally and externally for the organization. The plan delivers an assessment of the strengths and limitations that are realistic within the company. A well-developed strategic plan will offer a comprehensive approach and empowerment for the stakeholders involved. It is an opportunity for learning and understanding priorities that will drive the business to succeed. Jones (2010), describes how in health care organizations, strategic plans characteristically concentrate on operational and organizational goals such as when to obtain new technology, how to meet competitive challenges, and what staffing, tools, or facilities are needed to ensure organizational survival. The mission and value statements are significant in determining the quality of a strategic initiative. Forcing the organization to look toward the future creates proactive objectives in which both short-term and long-terms plans and goals are necessary in order to succeed.

    Read More

  • The Effect of Change on Organizations

    2571 Words  | 6 Pages

    ...ganizations to set future goals and develop a plan to reach those goals. Strategic planning also examines factors both externally and internally by evaluating the strengths, weaknesses, opportunities and threats (S.W.O.T.) to the organization. Although there are many theories and models that organizations utilize in strategic planning, such as equity theory, expectancy theory and reinforcement theory assist them in doing a better job, there isn’t much literature on how strategic planning affects fast pace businesses such as health care organizations. Without these types of models in place, many businesses would suffer. Whether it is someone’s personal life or an organization, a good plan is needed for guidance and success. By possessing the tools and competency about change management, leaders will be able to implement an effective change within their organization.

    Read More

  • Strategic Planning Process Essay

    1093 Words  | 3 Pages

    Strategic planning is a critical process for any successful business. It outlines the framework in which the organization operates. Therefore, each area of the process should be carefully considered and developed, with the understanding that some areas are relatively static, whereas other areas change and grow depending upon the environment. By far, the most important part of the strategic planning process is its implementation. If the process is never implemented, its development is just wasted energy.

    Read More

  • 02.02 Career Plan

    482 Words  | 1 Pages

    outline how you plan to achieve your larger career goals by developing supporting goals in

    Read More

  • Strategic Planning And SWOT Analysis

    1170 Words  | 3 Pages

    Strategic planning is done by the highest levels of an organization that goes threw three major phases. These phases include the formulation phase, the implementation phase and the evaluation phase. () These all play a great role for making the best possible way to carry out an action. The formulation phase is when a plan is initially developing and thought about as a way to help a business. The implementation phase is when the plan that was thought of is carried out. The evaluation phase goes over the success or failure of the plan and what could be changed and what shold have been done on the first place that could have helped the plan work. In order to come up with a plan, there must be a reason for it. This is known as the m...

    Read More

  • Strategic Planning Definition

    834 Words  | 2 Pages

    In the strategic of planning have various steps that affected the effectiveness of firm or organization. If wrong way in formulation strategic planning the firm performance become decrease. A strategic plan will helps to manage our organization. It will help to keep an organization on track and focused on the future. The strategic plan as a shield that covering all the aspects. The strategic plan also an important role in every organization setting. A strategic plan is a document that used to communicate the organization objectives, action needed to accomplish the goals and other critical element during the planning exercise. The simple strategic plan that have just six core elements such as vision, mission, core values, strategic areas of focus, strategic goals and an action plan. The distinct strategic objectives should be aligned with the strategic

    Read More

  • Importance Of Setting Goals

    712 Words  | 2 Pages

    Setting goals in both the long and short term ensures a consistency towards work outcomes. It creates a shared understanding of the commitment and responsibility necessary to move project or workplace forward. With a solid strategic plan a work team and their manager can be oriented to make tough decisions and choices for 'the end result '. When a plan can be made available to employees it creates a conversation around 'buy in ' and can enthuse and energise all involved. When a plan is conceived you can be assured that over time there is a continuing integrity to the overarching vision that is built into the process.The setting of goals maximises performance by providing measures and time lines that can be checked against, over time it can become clear where more or less time can be allocated. Goals contain powerful ethics to guide practice.

    Read More

  • Professional Development

    3182 Words  | 7 Pages

    Task 1. Be able to assess personal and professional skills required to achieve strategic goals

    Read More

  • Personal Development Assignment

    2775 Words  | 6 Pages

    The personal plan has enabled me to track myself on my developmental changes that are important for my achievement of set goals. Planning has also allowed me to keep track of all the steps that I will need to acquire skills and knowledge. I have also been able to see that if I continue in my current method I will not achieve all of my goals and through techniques such as SWOT analysis I have identified these areas and begun to create methods to fix this problem. The basic purpose of this essay is to point out my personal and professional skill development because these two areas are interwoven.

    Read More

  • Strategic Management

    1429 Words  | 3 Pages

    A strategic plan is a “living” document that changes as your goals and resources evolve.

    Read More

  • Book Review: The Strategy Book By Max Mckeown

    970 Words  | 2 Pages

    It tells a layman business person or a person interested in setting up a business soon that a strategy is about planning for the future. It is to plan the future in a way that makes it easy for the managers to set up objectives and for the employees to follow those objectives (McKeown, 2012). The book gives examples of successful business persons and how they made their business strategy when they came into the business field. There are examples of people, who found success instantly, and there are also examples of business persons who struggled at first, but then after reshaping the strategy they were able to effectively conduct their business. It is very helpful for new entrepreneurs to know about these strategies so that they could also learn and implement it in their

    Read More

  • Essay On Long Term Goals

    953 Words  | 2 Pages

    When planning for our future it is important to have clear goals in mind and to understand the steps that need to be taken to achieve those goals. My long-term goal is to run my own counseling center and employee at least one other person. Some Skills I already possess that will allow me to succeed with this plan are my ability to relate to people and be consistent in following the steps needed, even though it will be a long and tedious process.

    Read More

  • Vision, Mission, and Strategic Planning

    998 Words  | 2 Pages

    As stated above, supported by Mathis R.L and Jackson, J.H (2012), the strategic plan of an organization emanates from its vision and mission. Such plans are reached after due consideration of the factors which affect the success or otherwise of the processes and outcomes of such plans. These factors are both internal (the strengths and weaknesses available in the resources; both human and material within the organization) and external (the threats and opportunities available outside the organization; dynamism of the business world, globalization trend, the impact of information and communication technologies on world business). As mentioned by Whittington (2001) cited by Pilbeam & Corbridge (2010), senior managers who come up with strategies for their organization should do so considering two dimension; the processes of such strategies and the outcomes. According to him, the processes are either deliberate or emergent while the outcomes are either profit maximization or pluralist in nature (including other goals and interests of the organization). In my under...

    Read More

  • Strategic Planning, Facilitation And Sony Corp.

    1872 Words  | 4 Pages

    The primary motive for organizations to do strategic planning is to learn and to make decisions about the future of the organization based on that learning.

    Read More

More about Ba 345 Smart Goal Paper

Open Document