SlideShare a Scribd company logo
1
Mission Statement, Management
Philosophy Goals and Objectives
What are Objectives &
What do they do?
2
Introduction
• The team will present a statement of philosophy. It may
include a team mission statement or other statement that
helps frame the week.
• The team will present a list of goals and objectives for the
week. These are your targets to accomplish. The team will
state how these goals and objectives relate to the 3 RKR goals.
• The remainder of this Management Plan will include the
strategies and actions that your team will undertake to
accomplish the goals and objectives.
• Goals and Objectives should be Specific, Measurable,
Achievable, Realistic, and Time-Bound.
3
Objectives
To Be Successful You Will Need to
Have a Mission Statement and Set
Objectives for Your Project.
By the End of This Session You Will
Be Able to:
 Create a Mission Statement
 Set Objectives
4
Mission Statement
 A Mission Statement describes your unique
purpose during your management week. It
captures what qualities your team wants to
develop, accomplish, and contributions your
team wants to make.
5
Mission Statement - Guide
 A mission statement becomes a guide for your management
week, inspiring you to make decisions that will best help
you you reach your goals and fulfill your vision.
1. The Mission Statement should be narrow enough to give direction
and guidance to everyone in the business.
2. Large enough to allow the business to grow and realize its
potential.
3. Must be realistic, achievable, and brief.
4. And, it should capture the essence of an organization without
being so vague that it could apply to every other organization too.
6
Sound Business Practice
 Whether you have just launched a new
business, want to smooth out some bumps
within your existing organization, or want to
take your existing business/organization to
the next level, you need to implement sound
business practices. Publishing a Mission
Statement IS a Sound Business Practice.
7
A Focused Team
 Without a Mission Statement an organization will
flounder and pull in different directions.
 Employees must be clear about business intent if
you want a team that's focused on the priorities.
 This is another great example of where "more is less".
The more time that goes by without formally developing
and publishing the organizational Mission Statement, the
less likely one could focus and position their team to
achieve the desired next level of success.
8
Positive Results
Some of the positives that can result from establishing a
Mission Statement are:
 Greatly improved business focus
 Everyone has the same corporate/organizational image
- no misunderstandings
 Enhances the professional perception of your business
 Fosters a team oriented environment
 Enhances employee morale
 Helps attract and retain the best people
9
Where to Start?
 Write down ideas for your mission
statement.
 Describe how you want to manage/operate
[your management week]
 Don’t worry if it is not perfect, this is just
your first draft.
10
Helpful Sites
 What should our mission statement say?
http://www.nonprofits.org/npofaq/03/21.ht
ml
 Principles of Strategic Management
http://www.csuchico.edu/mgmt/strategy/module1/
 How to Draft a Mission Statement
http://management.about.com/library/howto/ht_stmt.htm
 Work Place Tool Box
http://www.workplacetoolbox.com/index.jsp
11
What are objectives?
 Objectives are statements of desired
outcomes or expectations
“Managing Without Objectives Is Like
Taking A Trip Without Knowing The
Destination”
12
Objectives Are Necessary
“Objectives Are Necessary If
Performance Results Influence
Company Survival & Growth”
Peter Drucker
13
What Do Objectives Do?
 Focus Attention
 People, Money, Equipment
 Justify Reasons for Orders
 Provide a Planning Base
 Give Direction
 Provide Data
 Indicate Problems
14
FEATURES OF A GOOD
OBJECTIVE
CAN BE DONE
WRITTEN
CAN BE
UNDERSTOOD
SPECIFIC CURRENT FLEXIBLE
A GOOD OBJECTIVE
15
Example (bad)
“The Restaurant Will
Receive Few
Complaints Next
Month.”
 Unclear - How many is
few - not measurable
 Interpreted differently
by different supervisors
 A vague Goal
16
Example (Good)
“The hotel will
achieve 85% room
occupancy in the next
quarter.”
 Clear –
 Measurable –
 Attainable (?)
17
Management by objectives
COMPANY
PLANS
DEPARTMENTAL
& INDIVIDUAL
MANAGERS’
PLANS
IMPROVEMENT
PLANS
REVIEW
MEETINGS
CONTROL OF
INFORMATION
18
Setting Objectives
The
OBJECTIVE
Who is
responsible
How will it be
accomplished
What is to be
accomplished
When is it to be
accomplished
19
How do you start setting
objectives?
 Be Realistic
Sometimes resources are not available
 Concentrate on what is important
Not all objectives have equal importance
Prioritize
20
How do you start
setting objectives?
 Ask relevant questions
You must know exactly what is to be
accomplished
How, When, Who & Why
 Be results oriented
Be clear with your goals & communication
Know what exactly you want to achieve
21
How do you start
setting objectives?
 Assign responsibility
Give specific responsibility for assignment
areas
 Fix time frames
Set deadlines for results to be achieved by
22
How do you start
setting objectives?
 Measure & Monitor
Evaluate & compare -
seek / give feedback -
revise plan if necessary -
develop future objectives
& plans
23
Are there different
types of objectives?
YES - many….???
24
Strategic Objectives
 Long range objective planning
 Deal with cost controls
 Budgets,
 Profitability
 Market decisions
 Made by top executives usually
25
Tactical objectives
 Short range objective planning
 Deal with routine tasks
 Often part of supervisors’ job
26
How do you start
setting objectives?
 Qualitative objectives
- Relating to standards & quality (+/-)
- Hard to measure
 Quantitative objectives
- Relating to production achievements
- Easier to measure
27
Qualitative and quantitative
objectives again can split into:
 Decision oriented objectives
 If a decision is made to remedy a particular
problem - that will determine objectives
 Routine objectives
 Relate to everyday work operations – concerned
mainly with routine / repetitive jobs
28
Qualitative and quantitative
objectives again can split into:
 Creative objectives
 Involve new ideas, applied in a creative or
flexible way to enhance productivity,
profitability or both
 Personal objectives
 Specific goals you seek to accomplish in your
own work
29
Relate Objectives to RKR Goals
Goals of the Restaurant at Kellogg Ranch:
1. Exceed Guest Expectations
2. Provide Total Support to Your Staff
3. Manage the Business Professionally

More Related Content

PPTX
Mission Statement and Objective Setting
PPTX
Chapter two by mitku
PPTX
Strategic management and leadership_unit2_ vision and mission
PPTX
Strategic+management+5
PPTX
Sm jyothi-110602230743-phpapp01 (1)
PPTX
bm_unit_1.3_organizational_objectives_ppt.pptx
PPTX
Quality as a strategic decision
PDF
Mission vision and objectives slide 1
Mission Statement and Objective Setting
Chapter two by mitku
Strategic management and leadership_unit2_ vision and mission
Strategic+management+5
Sm jyothi-110602230743-phpapp01 (1)
bm_unit_1.3_organizational_objectives_ppt.pptx
Quality as a strategic decision
Mission vision and objectives slide 1

Similar to SettingObjectives382 many techniques.ppt (20)

PPT
Organisational strategic framework & road map
PPTX
Best vision-mission- edited
PPTX
Unit ii company direction
PPTX
QUALITY AS A STRATEGIC DESIGN.
DOC
Goal Setting and Planning Handout
PPTX
Introduction to strategic planning
PDF
Leading & Motivating a Team Effectively
PPTX
Business Objectives for business studies
PDF
Strategic Management Mod 2.pdf
PPT
Organisationalstrategicframeworkroadmap 101124020000-phpapp01
PPT
sm unit ii.pptx (1) (1).ppt
PPTX
Vission&Mission2.pptx
DOCX
New product development
PPTX
unit-2-vision-mission-objectives-and-strategy.pptx
PDF
515559925-Key-Performance-Indicators-KPIs.pdf
PPTX
Strategic PPT.pptx
PPTX
Strategic PPT.pptx
PPTX
LESSON 02_Business Mission & Vision.pptx
PPTX
SM presentation
Organisational strategic framework & road map
Best vision-mission- edited
Unit ii company direction
QUALITY AS A STRATEGIC DESIGN.
Goal Setting and Planning Handout
Introduction to strategic planning
Leading & Motivating a Team Effectively
Business Objectives for business studies
Strategic Management Mod 2.pdf
Organisationalstrategicframeworkroadmap 101124020000-phpapp01
sm unit ii.pptx (1) (1).ppt
Vission&Mission2.pptx
New product development
unit-2-vision-mission-objectives-and-strategy.pptx
515559925-Key-Performance-Indicators-KPIs.pdf
Strategic PPT.pptx
Strategic PPT.pptx
LESSON 02_Business Mission & Vision.pptx
SM presentation
Ad

Recently uploaded (20)

PPTX
Amazon (Business Studies) management studies
PDF
kom-180-proposal-for-a-directive-amending-directive-2014-45-eu-and-directive-...
PDF
Traveri Digital Marketing Seminar 2025 by Corey and Jessica Perlman
PPTX
AI-assistance in Knowledge Collection and Curation supporting Safe and Sustai...
PDF
Chapter 5_Foreign Exchange Market in .pdf
PDF
Types of control:Qualitative vs Quantitative
PPTX
CkgxkgxydkydyldylydlydyldlyddolydyoyyU2.pptx
PDF
20250805_A. Stotz All Weather Strategy - Performance review July 2025.pdf
PPTX
Dragon_Fruit_Cultivation_in Nepal ppt.pptx
DOCX
unit 2 cost accounting- Tender and Quotation & Reconciliation Statement
PDF
SIMNET Inc – 2023’s Most Trusted IT Services & Solution Provider
PDF
Elevate Cleaning Efficiency Using Tallfly Hair Remover Roller Factory Expertise
PDF
Business model innovation report 2022.pdf
PPTX
Probability Distribution, binomial distribution, poisson distribution
PPTX
Lecture (1)-Introduction.pptx business communication
PDF
Dr. Enrique Segura Ense Group - A Self-Made Entrepreneur And Executive
DOCX
Business Management - unit 1 and 2
PDF
Power and position in leadershipDOC-20250808-WA0011..pdf
PDF
Nidhal Samdaie CV - International Business Consultant
PDF
How to Get Funding for Your Trucking Business
Amazon (Business Studies) management studies
kom-180-proposal-for-a-directive-amending-directive-2014-45-eu-and-directive-...
Traveri Digital Marketing Seminar 2025 by Corey and Jessica Perlman
AI-assistance in Knowledge Collection and Curation supporting Safe and Sustai...
Chapter 5_Foreign Exchange Market in .pdf
Types of control:Qualitative vs Quantitative
CkgxkgxydkydyldylydlydyldlyddolydyoyyU2.pptx
20250805_A. Stotz All Weather Strategy - Performance review July 2025.pdf
Dragon_Fruit_Cultivation_in Nepal ppt.pptx
unit 2 cost accounting- Tender and Quotation & Reconciliation Statement
SIMNET Inc – 2023’s Most Trusted IT Services & Solution Provider
Elevate Cleaning Efficiency Using Tallfly Hair Remover Roller Factory Expertise
Business model innovation report 2022.pdf
Probability Distribution, binomial distribution, poisson distribution
Lecture (1)-Introduction.pptx business communication
Dr. Enrique Segura Ense Group - A Self-Made Entrepreneur And Executive
Business Management - unit 1 and 2
Power and position in leadershipDOC-20250808-WA0011..pdf
Nidhal Samdaie CV - International Business Consultant
How to Get Funding for Your Trucking Business
Ad

SettingObjectives382 many techniques.ppt

  • 1. 1 Mission Statement, Management Philosophy Goals and Objectives What are Objectives & What do they do?
  • 2. 2 Introduction • The team will present a statement of philosophy. It may include a team mission statement or other statement that helps frame the week. • The team will present a list of goals and objectives for the week. These are your targets to accomplish. The team will state how these goals and objectives relate to the 3 RKR goals. • The remainder of this Management Plan will include the strategies and actions that your team will undertake to accomplish the goals and objectives. • Goals and Objectives should be Specific, Measurable, Achievable, Realistic, and Time-Bound.
  • 3. 3 Objectives To Be Successful You Will Need to Have a Mission Statement and Set Objectives for Your Project. By the End of This Session You Will Be Able to:  Create a Mission Statement  Set Objectives
  • 4. 4 Mission Statement  A Mission Statement describes your unique purpose during your management week. It captures what qualities your team wants to develop, accomplish, and contributions your team wants to make.
  • 5. 5 Mission Statement - Guide  A mission statement becomes a guide for your management week, inspiring you to make decisions that will best help you you reach your goals and fulfill your vision. 1. The Mission Statement should be narrow enough to give direction and guidance to everyone in the business. 2. Large enough to allow the business to grow and realize its potential. 3. Must be realistic, achievable, and brief. 4. And, it should capture the essence of an organization without being so vague that it could apply to every other organization too.
  • 6. 6 Sound Business Practice  Whether you have just launched a new business, want to smooth out some bumps within your existing organization, or want to take your existing business/organization to the next level, you need to implement sound business practices. Publishing a Mission Statement IS a Sound Business Practice.
  • 7. 7 A Focused Team  Without a Mission Statement an organization will flounder and pull in different directions.  Employees must be clear about business intent if you want a team that's focused on the priorities.  This is another great example of where "more is less". The more time that goes by without formally developing and publishing the organizational Mission Statement, the less likely one could focus and position their team to achieve the desired next level of success.
  • 8. 8 Positive Results Some of the positives that can result from establishing a Mission Statement are:  Greatly improved business focus  Everyone has the same corporate/organizational image - no misunderstandings  Enhances the professional perception of your business  Fosters a team oriented environment  Enhances employee morale  Helps attract and retain the best people
  • 9. 9 Where to Start?  Write down ideas for your mission statement.  Describe how you want to manage/operate [your management week]  Don’t worry if it is not perfect, this is just your first draft.
  • 10. 10 Helpful Sites  What should our mission statement say? http://www.nonprofits.org/npofaq/03/21.ht ml  Principles of Strategic Management http://www.csuchico.edu/mgmt/strategy/module1/  How to Draft a Mission Statement http://management.about.com/library/howto/ht_stmt.htm  Work Place Tool Box http://www.workplacetoolbox.com/index.jsp
  • 11. 11 What are objectives?  Objectives are statements of desired outcomes or expectations “Managing Without Objectives Is Like Taking A Trip Without Knowing The Destination”
  • 12. 12 Objectives Are Necessary “Objectives Are Necessary If Performance Results Influence Company Survival & Growth” Peter Drucker
  • 13. 13 What Do Objectives Do?  Focus Attention  People, Money, Equipment  Justify Reasons for Orders  Provide a Planning Base  Give Direction  Provide Data  Indicate Problems
  • 14. 14 FEATURES OF A GOOD OBJECTIVE CAN BE DONE WRITTEN CAN BE UNDERSTOOD SPECIFIC CURRENT FLEXIBLE A GOOD OBJECTIVE
  • 15. 15 Example (bad) “The Restaurant Will Receive Few Complaints Next Month.”  Unclear - How many is few - not measurable  Interpreted differently by different supervisors  A vague Goal
  • 16. 16 Example (Good) “The hotel will achieve 85% room occupancy in the next quarter.”  Clear –  Measurable –  Attainable (?)
  • 17. 17 Management by objectives COMPANY PLANS DEPARTMENTAL & INDIVIDUAL MANAGERS’ PLANS IMPROVEMENT PLANS REVIEW MEETINGS CONTROL OF INFORMATION
  • 18. 18 Setting Objectives The OBJECTIVE Who is responsible How will it be accomplished What is to be accomplished When is it to be accomplished
  • 19. 19 How do you start setting objectives?  Be Realistic Sometimes resources are not available  Concentrate on what is important Not all objectives have equal importance Prioritize
  • 20. 20 How do you start setting objectives?  Ask relevant questions You must know exactly what is to be accomplished How, When, Who & Why  Be results oriented Be clear with your goals & communication Know what exactly you want to achieve
  • 21. 21 How do you start setting objectives?  Assign responsibility Give specific responsibility for assignment areas  Fix time frames Set deadlines for results to be achieved by
  • 22. 22 How do you start setting objectives?  Measure & Monitor Evaluate & compare - seek / give feedback - revise plan if necessary - develop future objectives & plans
  • 23. 23 Are there different types of objectives? YES - many….???
  • 24. 24 Strategic Objectives  Long range objective planning  Deal with cost controls  Budgets,  Profitability  Market decisions  Made by top executives usually
  • 25. 25 Tactical objectives  Short range objective planning  Deal with routine tasks  Often part of supervisors’ job
  • 26. 26 How do you start setting objectives?  Qualitative objectives - Relating to standards & quality (+/-) - Hard to measure  Quantitative objectives - Relating to production achievements - Easier to measure
  • 27. 27 Qualitative and quantitative objectives again can split into:  Decision oriented objectives  If a decision is made to remedy a particular problem - that will determine objectives  Routine objectives  Relate to everyday work operations – concerned mainly with routine / repetitive jobs
  • 28. 28 Qualitative and quantitative objectives again can split into:  Creative objectives  Involve new ideas, applied in a creative or flexible way to enhance productivity, profitability or both  Personal objectives  Specific goals you seek to accomplish in your own work
  • 29. 29 Relate Objectives to RKR Goals Goals of the Restaurant at Kellogg Ranch: 1. Exceed Guest Expectations 2. Provide Total Support to Your Staff 3. Manage the Business Professionally