Explain how feedback and backwards planning to set goals

Assignment Help Business Economics
Reference no: EM133484635

Introduction
This assignment continues with the scenario from the Week 3 assignment. You will explain how goal setting and feedback are used to motivate a team. A goal is a desired result that you envision for your team and organizational success. Goal-setting helps you break down the things you want to achieve into more manageable steps so that you can gauge your progress. Feedback should be corrective or affirmative and should be delivered using the best method.

Scenario
As you recall, Hometown Cars has been struggling to meet profit margins in all three of their departments (new car sales, used car sales, service and parts). As the general manager, you decide to set a new long-term goal for the sales teams to increase car sales by 10% over the next year.

Instructions
This assignment contains two parts. In Part 1, you will apply goal-setting techniques. In Part 2, you will plan for delivering feedback to your team as they try to achieve the goals. Finally, you will submit both parts as PowerPoint slides according to the instructions outlined below. Part 1. Goal Setting 1. Set short-term goals that the team must accomplish to achieve the company long-term goal. Include one monthly, one weekly, and one daily goal for your sales teams. 2. Develop a means to monitor progress toward those goals that will motivate the new and used car sales teams to meet those goals. For example, if a grocery store's monthly goal is to sell 10 cases of bananas, their weekly goal might be selling one case of bananas by running a buy-one-get-one-free banana sale. To do this, the grocery manager might promote the sale in the weekly flyer and set up a banana-sale display in the store. The grocery manager will then provide a poster in the employee break room that visually tracks the daily and weekly progress so the employees can share in the success and further promote the banana sales with customers in order to reach the long-term goal of 10 cases sold. Part 2. Feedback 1. Imagine that one month has passed with the new goals in place. Prepare feedback slides to use in the future, in which you will respond to the measures of progress you defined. 2. Design feedback for both situations: the team is meeting the goals or it is not. Acting as the general manager, use the eight steps for providing corrective and affirmative feedback to write out the feedback you would deliver for each of the scenarios. Part 3. Slide Presentation 1. Prepare a 6-8 slide PowerPoint presentation for your team. Refer to PowerPoint/Slideshow - Strayer Writing Standards (SWS) for guidance. You should include a title slide, an introduction slide, and a conclusion slide, in addition to the 6-8 content slides. 2. Part 1 of the presentation covers goal setting, in which you share the long-term and short-term goals and what the sales teams will need to specifically do to achieve them. (For a refresher on backwards planning, refer to Week 4, the Week 4 assignment, and your feedback on the assignment). Use speaker notes to provide explanation and clarification as needed. 3. Part 2 covers feedback. Prepare two slides as described above, one which would apply if the team is successful, and the other if the team is not. Label one slide Corrective Feedback and the other slide Affirmative Feedback. Add speaker notes to both of these slides, in which you explain the type of feedback, the method used to deliver it, and why you have chosen it. Use the appropriate terms covered in the Week 6 Coach's Huddle. Add 2-3 sentences sharing why this feedback would be motivational.

Submission Requirements:
Submit your slide presentation to the Week 6 assignment. This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions. The specific course learning outcome associated with this assignment is: Explain how feedback and backwards planning to set goals are used to motivate a team at a given company.

 

Reference no: EM133484635

Questions Cloud

Describe the two cultural frameworks discussed in class : Briefly describe the two cultural frameworks discussed in class that could help you navigate the cultural differences between Australia and your chosen country.
How do these standards promote a culture of safety : Discuss relevant accreditation standards, safety standards, compliance standards, and quality initiatives. How do these standards promote a culture of safety
Why that information is important in project management : The first area that stood out to you, why it stood out and why that information is important in project management. The second area that stood out to you
Describe the steps of the experiment : Describe the steps of the experiment and What were Aschs general conclusions regarding majority influence? How did having a "partner" change the results
Explain how feedback and backwards planning to set goals : The specific course learning outcome associated with this assignment is: Explain how feedback and backwards planning to set goals are used to motivate a team
Identify integration of human factors in the saudi arabia : Why is it important to consider all three aspects together in healthcare? Can you identify the integration of human factors in the Saudi Arabia's Vision 2030
What can we do to make the country happier next year : Do you know that March 20 is International Day of Happiness? Let's try to find happiness in the global landscape. The annual World Happiest Report has
How do you explain that mr wg temperature has increased : How do you explain that Mr WG temperature has increased after his Myocardial Infarct, when that can be observed and for how long
What is philosophy : Watch the video What is Philosophy? After viewing the video, post your thoughts about the content of the video.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd