5 Key Features of Goal Management

Companies, today, have come out of the shock of coronavirus pandemic and are looking for ways to thrive in this pandemic and also post COVID-19. The prime focus should be on goals management as they can help companies move forward together. There are various goal-setting techniques like Management by Objectives (MBO), Objectives and Key Results (OKR), SMART goals, etc. In this crisis period, OKR, not a new phenomenon, is gaining popularity due to its focused approach.

Here are the key features of an effective goals management framework.

Goals management is the key to bounce back your business from adversity. Resilient leaders should set goals carefully to create productive results.

5 features of an Effective Goals-Setting Process

Goals management is critical for a business’ success. Goals should be set not to disengage the workforce, but rather motivate them. Then comes the question. How to set goals that lead to growth and development? Firstly, empower your employees by taking their inputs in setting the individual goals and check whether they align with the organizational goals. Secondly, the goal-setting process should have the following features.

Also, goals should be tracked and monitored regularly so that if there is any employee off track, you can bring them back through continuous feedback. The goal-setting process should have the above-mentioned features to create an engaged workforce.