Strategic goals and potential challenges

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Reference no: EM132062095

Discussion

Question 1:

Strategic Goals and Potential Challenges

Organizational goals that are clearly written and communicated to stakeholders can have many positive effects. For example, organizational goals can help establish priorities, improve decision making, and build teamwork. However, organizations sometimes experience challenges and trends that impact their goals. As a current or future leader and manager of an organization, it is important to consider how you might overcome these potential challenges. In this Discussion, you create organizational goals that you would like to achieve in 5 years, explore challenges that might impact them, and consider ways to overcome these challenges.

To prepare for this Discussion:

Review the Learning Resources for this week

Post by Day 3 responses to the following:

Explain 2-3 short-term goals (1-4 years) for your organization. Explain challenges that might impact these goals. Include how the organization might overcome these challenges.

Explain 2-3 long-term goals (15-20 years) for your organization. Identify long-term trends (e.g., social, political, demographic, economic, ecological, technological) that might impact these goals.

Explain why it is important to define short-term and long-term goals.

Be sure to support your postings and responses with specific references to the Learning Resources and outside scholarly resources. Your initial discussion posting should be at least 100 words in length, include a minimum of two scholarly sources, use in-text citations, have a reference list in accordance with APA 6th edition formatting standards, and include level 1 headings to define the sections of your post.

Watson, R., & Freeman, O. (2012). Futurevision: Scenarios for the world in 2040. Victoria, Australia: Scribe.

Chapter 12, "Creating Transformational Strategies: The Fourth Stage" (pp. 294-317)

Bryson, J. M. (2011). Strategic planning for public and nonprofit organizations: A guide to strengthening and sustaining organizational achievement (4th ed.). San Francisco, CA: Jossey-Bass.

Chapter 7, "Formulating and Adopting Strategies and Plans to Manage the Issues" (pp. 219-270) 2.

Verified Expert

After formulating the mission statement, the next step for the company, is the establishment of major goals. The goals designate specific results the businesses want to achieve. In this context, the purpose of goals is to specify, as accurately as possible, as to what is to be done, if the company is to attain its mission. Goals are more specific than the mission but less specific than objectives. Tis paper discusses on short-term and long-term goals of the organization. This paper is written in Microsoft Word Document File.

Reference no: EM132062095

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