Definition

It is the goal that the organization aims to achieve that develops from strategic issues. They transform strategic issues into specific performance objectives that impact the entire organization. It can be qualitative or quantitative. Depending on the usage, objectives are general in nature, while goals are specific, measurable and time-based. In some organizations, the meanings of purpose and purpose are reversed.

Use cases, Example & Why it matters

Use cases

- Used in planning, organizing, and controlling business operations.
- Used when setting KPIs, policies, procedures, and improving processes.

Example

- Example: Management applies **Strategic Goal** when designing policies and monitoring performance against targets.

Why it matters

- Why it matters: Improves execution, accountability, and decision speed while reducing operational waste.

Related terms

← Back to Dictionary