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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.
For strategic planning to work, it needs to include some formality (i.e., including an analysis of the internal and external environment and the stipulation of strategies, goals and plans based on these analyses), comprehensiveness (i.e., producing many strategic options before selecting the course to follow) and careful stakeholder management ...
S.M.A.R.T. (or SMART) is an acronym used as a mnemonic device to establish criteria for effective goal-setting and objective development. This framework is commonly applied in various fields, including project management, employee performance management, and personal development.
For example, a person will perform better when set goals are challenging and specific as compared to goals that are challenging but vague (known as the goal-specificity effect). [5] Emerging research also suggested a goal-proximity effect (wherein proximal goals lead to better performance than distal goals). [ 6 ]
The GQM + Strategies method makes high-level goals, strategies, and related measurement goals explicit across all levels of an organization. The entire method provides an organization with a mechanism for defining software measurement addressing larger, upper-level organizational concerns and for interpreting and rolling up the resulting ...
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Strategy is defined as "the determination of the basic long-term goals of an enterprise, and the adoption of courses of action and the allocation of resources necessary for carrying out these goals." [13] Strategies are established to set direction, focus effort, define or clarify the organization, and provide consistency or guidance in ...
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