We will briefly review at a short rate the importance of the company’s goals, the challenges we face, and execution against the actual goal.
Company Goals
Every manager and junior employee in a private organization knows that compan
y goals are set to meet them 100% and beyond.
- Enterprise Capabilities
- The market in which it operates
- Quantity of salespeople
- The marketing activity he performs and more
People behave and act in direct connection with the way they are measured. Clear and simple metrics will unequivocally broadcast management policy. Improvement in these indices will improve the value of the company/firm and promote the company to achieve its goals.
Challenges
It is easier for the company’s management to consider different alternatives against the company’s goals So the chosen alternative will bring about an increase in the value of the firm, but for the intermediate levels it is difficult to see directly The relationship between carrying out operations on the ground and improving the value of the firm. Therefore, a company needs simple, efficient and clear performance indices that translate the organization’s objectives into operative activities and create compliance with the objectives.
Sector differences
A private organization that does not meet its objectives requires its managers to “adjust expenses for revenue.”
Over time, managers and employees who do not meet the target set in the business will find themselves outside the organization.
In the public sector, on the other hand, the objectives are only a recommendation… And there’s no sanction against those who don’t meet the target. Failure to meet the targets set by the government directly affects the cost of living of each citizen and organization, and this can be seen.
For example
In the housing market according to the “performance” of the planning institutions, in 2019 the planning institutions approved residential construction features in the Tel Aviv District with only 6,600 apartments.
This is only 42% of the target (15,500), decided by the government WhenApproved the strategic plan for housing in 2015.– 2040.
For example
In the housing market according to the “performance” of the planning institutions, in 2019 the planning institutions approved residential construction features in the Tel Aviv District with only 6,600 apartments.
This is only 42% of the target (15,500), decided by the government WhenApproved the strategic plan for housing in 2015.– 2040.