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Objectives, goals, strategies and measures (OGSM) is a goal setting and action plan framework used in strategic planning.It is used by organizations, departments, teams and sometimes program managers to define and track measurable goals and actions to achieve an objective.
Strategic planning is an organization's process of defining its strategy or direction, and making decisions on allocating its resources to attain strategic goals. Furthermore, it may also extend to control mechanisms for guiding the implementation of the strategy.
Hoshin Kanri (Japanese: 方針管理, "policy management") [1] is a 7-step process used in strategic planning in which strategic goals are communicated throughout the company and then put into action. [2] [3] The Hoshin Kanri strategic planning system originated from post-war Japan, but has since spread to the U.S. and around the world.
Strategic management tools. In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of resources and an assessment of the internal and external environments in which the organization operates.
In doing so, the goal setter has established a desired future state which differs from their current state thus creating a mismatch which in turn spurs future actions. [2] Goal setting can be guided by goal-setting criteria (or rules) such as SMART criteria. [3] Goal setting is a major component of personal-development and management literature.
Minnie Driver knows how to get a conversation started.. Amid the growing number of celebrities candidly speaking about their cosmetic enhancements, The Assessment actress, 54, asked a series of ...
Strategic thinking is a mental or thinking process applied by an individual in the context of achieving a goal or set of goals. As a cognitive activity, it produces thought . When applied in an organizational strategic management process, strategic thinking involves the generation and application of unique business insights and opportunities ...
Asbestos, a known human carcinogen, can be injurious to consumers if found in talc-containing cosmetic products as there is no established "safe level" threshold for exposure to the substance. If ...