This type of planning is the long term plan that will put forth the overall goals the company wants to achieve. When the strategic plan is taken on, companies are looking to achieve the goals set up in roughly three to five years. SMART goals is the concept the organization should be using to measure the goals that the leaders have set. Each letter in SMART is a unique step to the process. The first letter “S” represents, specific. Specific refers to how employees play a strategic and specific role in order to reach certain goals. The second letter is “M” which represents, measurable.
Running Head: Setting and Achieving Goals …show more content…
These types of plans are generalized under operational planning. Operational planning is more concerned with the day-to-day operations of a company, it fills in the middle portion of the companies overall goal and vision. Its main purpose is to provide its employees with a structure and help them understand their tasks and obligations to complete that are in line with the companies overall goal and vision. While strategic planning may focus on the end goal from 2015 to 2020, Operational planning creates strategies for employees to complete the goals of 2016 that keep them on track and continuing the overall goal at the end of