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Unit 3: Defining Mission, Goals and Objectives




          5.   Derived Goals: These goals relate to derived or secondary areas like contribution to political  Notes
               activities, promoting social service institutions etc.

          3.8.2  Objectives

          Objectives are the results or outcomes an organisation wants to achieve in pursuing its basic
          mission. The basic purpose of setting objectives is to convert the strategic vision and mission
          into specific performance targets. Objectives function as yardsticks for tracking an organisation’s
          performance and progress.

          Characteristics of Objectives

          Well – stated objectives should be:
          1.   Specific
          2.   Quantifiable
          3.   Measurable

          4.   Clear
          5.   Consistent
          6.   Reasonable

          7.   Challenging
          8.   Contain a deadline for achievement
          9.   Communicated, throughout the organisation

          Role of Objectives

          Objectives play  an important  role in  strategic management. They are  essential for  strategy
          formulation and implementation because:
          1.   They provide legitimacy
          2.   They state direction
          3.   They aid in evaluation

          4.   They create synergy
          5.   They reveal priorities
          6.   They focus coordination
          7.   They provide basis for resource allocation

          8.   They act as benchmarks for monitoring progress
          9.   They provide motivation














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