Post by account_disabled on Feb 3, 2024 5:47:30 GMT 1
Goals, goals, goals, goals…every business and organization, big or small, is familiar with these words. Every organization must set goals, not only at the organizational level but also for its employees to achieve growth and success. This is an interesting case study. Stan Silverman, CEO of chemical manufacturing company PQ Corporation, implemented goal setting in his business and saw that within five years, the company's revenue jumped from $140,000 to $430,000! 1 It certainly sounds like setting goals is good for business. Let me elaborate. Simply put, goals provide clear direction for your business – clarifying where you want your business to go in the future and outlining the path to get there.
Not only at the organizational level, goals also have a positive impact on employees. They motivate and often motivate employees to do their best. When goals are combined with rewards and recognition, productivity and efficiency WhatsApp Number List increase exponentially. Harvard Business research found a direct correlation between goal setting and success. It is said that 14% of people with goals are 10 times more successful than those without goals. 2 Consider this situation. You run a large supermarket chain with multiple product lines. You set the following goal - "Increase clothing department revenue X times by actively promoting and selling summer clothing and accessories." In this case, you must:
Define the strategy to achieve this goal Determine your target customer group Determine your marketing approach, Decide on discounts or promotions Select specific products to display Estimate the number of salespeople needed, etc. You also have to revisit and adjust periodically to make sure you're on the right track. This process may seem complicated and tedious, especially if your business spans a broad product line or has a large workforce. Setting different goals for each department and team can seem daunting, even for a small business, when frequent goal reassessments are expected. What would you think if I told you that there is an easy-to-use tool in Vtiger.
Not only at the organizational level, goals also have a positive impact on employees. They motivate and often motivate employees to do their best. When goals are combined with rewards and recognition, productivity and efficiency WhatsApp Number List increase exponentially. Harvard Business research found a direct correlation between goal setting and success. It is said that 14% of people with goals are 10 times more successful than those without goals. 2 Consider this situation. You run a large supermarket chain with multiple product lines. You set the following goal - "Increase clothing department revenue X times by actively promoting and selling summer clothing and accessories." In this case, you must:
Define the strategy to achieve this goal Determine your target customer group Determine your marketing approach, Decide on discounts or promotions Select specific products to display Estimate the number of salespeople needed, etc. You also have to revisit and adjust periodically to make sure you're on the right track. This process may seem complicated and tedious, especially if your business spans a broad product line or has a large workforce. Setting different goals for each department and team can seem daunting, even for a small business, when frequent goal reassessments are expected. What would you think if I told you that there is an easy-to-use tool in Vtiger.