A desired future state that the individual or organization attempts to realize is a goal .
What is a desired future state?
A clear vision of the desired “future state”, or what the organization will look like after the change, is an important foundation for any modernisation effort. ... In looking at the future state, it will become clear that there is a gap between the current (where you are) and future (where you want to be) states .
Is a desired future state that the organization wants to realize?
A goal is a desired future circumstance or condition that the organization wants to realize. Planning helps managers think about the future rather than thinking merely in terms of day-to-day activities. Planning is the act of determining goals and defining the means of achieving them.
Are the broad statements of where the organization wants to be in the future?
sometimes called official goals , are broad statements describing where the organization wants to be in the future. These goals pertain to the organization as a whole. define the actions steps by which the company intends to attain strategic goals.
Are broad statements describing where the Organisation wants to be at some future point in time?
Terms in this set (16)
Sometimes called official goals are broad statements describing where the organization wants to be in the future.
Is strategic management a discipline?
ABSTRACT: Strategic management is most exciting of the management disciplines . ... Effective strategic management can transform the performance of an organization, make fortunes for shareholders, or change the structure of an industry.
When they determine desired outcomes and the means to achieve them?
Managers are engaged in when they determine desired outcomes and the means to achieve them. Typically set by frontline managers, are the precise, measurable outcomes expected from departments, work groups, and individuals.
How do you define a future state?
A company’s future state is ultimately defined as the greater vision for the business . It’s where you want to be, your long-term goal in terms of the ever-changing state of technology and how that applies to your present-day business.
What is a future state roadmap?
The Future State Roadmap template provides an outline description of how the organization will transition from its current to its future state . It does this by breaking down the change into a number of high-level phases and plotted against a timeline.
Which of the following is the main goal of an organization?
They include specific, day-to-day operational tasks needed to run a business and that help drive scalability and business growth. Key organizational goals can also include employee and management performance, productivity, profitability, innovation, market share and social responsibility goals.
What are the three key elements of a visionary organization?
At their most basic level organizations exist to accomplish something for someone. Successful visionary organizations use this foundation to guide and inspire their employees through three elements: core values, mission, and organizational culture .
Is the basis for the strategic level of goals and plans which in turn shapes the?
The mission is the basis for the strategic level of goals and plans, which in turn shapes the tactical and operational level.
What is the goal of strategy?
A strategic goal is a long-term, “big picture” objective for a business, rather than a short-term tactic that addresses a current problem or challenge. Strategies help the business improve the way it operates and set new goals , as opposed to goals that simply improve or fix what the company is already doing.
Are reasonable yet highly ambitious goals that are so clear compelling and imaginative that they fire up employees and engender excellence?
Stretch goals are reasonable yet highly ambitious goals that are so clear, compelling, and imaginative that they fire up employees and engender excellence. Stretch goals are typically so far beyond the current levels that people have to be innovative to find ways to reach them.
What is called planning?
Planning is the process of thinking about the activities required to achieve a desired goal . It is the first and foremost activity to achieve desired results. It involves the creation and maintenance of a plan, such as psychological aspects that require conceptual skills.
What are the 7 steps of the strategic management process?
- Understand the need for a strategic plan.
- Set goals.
- Develop assumptions or premises.
- Research different ways to achieve objectives.
- Choose your plan of action.
- Develop a supporting plan.
- Implement the strategic plan.
