GOAL is a quantified OBJECTIVE;OBJECTIVE is a qualitative GOAL
GOAL is a short term OBJECTIVE;OBJECTIVE is a long term GOAL
GOAL and OBJECTIVE are coterminus and in a way interchangeable
GOAL and OBJECTIVE are coterminus and in a way interchangeable
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From: "'Parag Narkhede' via Management Teachers Consortium, Global" <join_mtc@googlegroups.com>
To: "join_mtc@googlegroups.com" <join_mtc@googlegroups.com>
Sent: Sunday, 31 August 2014 8:44 AM
Subject: RE: [MTC Global] Goals & Objectives
Goals can be short term as well as long term they says "what to do in coming future" but, objective depicit the reason for existence of organisations they says " The reasons organizations existence"
Dr. Parag Narkhede
Dr. Parag Narkhede
From: 'Suresh Palsodkar' via Management Teachers Consortium, Global
Sent: 28-08-2014 18:37
To: join_mtc@googlegroups.com
Subject: Re: [MTC Global] Goals & Objectives
Dear Colleagues,
Goals are of short term nature such as 10% yearly increase in sales whereas objectives carry a larger time span.To achieve an objective goals in different areas are required(i.e. 1% reduction in cost,5% reduction in expenses etc.) The objective may be to be a market leader by having a sizeable market share over a period of 5 years.
Regards
DR.s.G.Palsodkar
On Wednesday, 27 August 2014 4:51 PM, Krishna K. Havaldar Havaldar <krishnahavaldar31@gmail.com> wrote:
Krishna K. HavaldarRegards,I hope, I have made my views clear.An objective is a statement of intent. For instance, a company CEO may say that his company's objective is to make good profits. But when the same CEO says that he wants the company to achieve 20 % return on investment in the next year, it is a goal. In other words, a goal is a quantified objective.Dear Mr.Ramesh Vemuganti,It is a good question to ask about the difference between a goal and an objective, although many people use these terms as if they are synonymous.
--On Tue, Aug 26, 2014 at 11:03 AM, Ramesh Vemuganti <vemugantiramesh@gmail.com> wrote:
--Dear ColleaguesFood for thought. What is the universally acceptable difference between a Goal & an Objective?
Although Management, in its various facets, forms & fundas, has a history of over 2 centuries ,
some confusion still prevails on Goals & Objectives for a Manager.
Goals have a time frame & Objectives are aligned in the fulfilment of Goals. Losing 5 kgs in next 1 month is a goal - task & time frame. Objectives are series of things one does to lose weight, like diet, walking, yoga, attitude, etc. Some more clarity is needed as many Managers use Goals & Objectives, interchangeably
Few Management teachers & educators also get confused here.Members can opine, with less of theory & more examples.regards
Ramesh Vemuganti
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