How to Set Short-Term Sales and Marketing Objectives That Matter
Achieving long-term business strategies can only be accomplished by implementing short-term objectives. What are the eight qualities of short-term goals and how can marketing and sales executives use them to get results?
Measurability
Short-term objectives are most effective when they clearly state what is to be accomplished and how achievement will be measured. These objectives can be used to monitor both the effectiveness of each activity and the progress that a business group is making.
Priority-Centric
Prioritizing objectives should happen during the planning stage when executives are negotiating over budget and resources. All annual objectives are important, but some deserve a higher priority due to economic forces that may demand change. There is a substantial risk of long-term (3-5 year) failure if short-term (6-12 month) priorities are not established.
Link to Long-Term Objectives
Short-term objectives help business units gain traction and momentum in the process of accomplishing long-term goals. The link between the long and short term helps employees understand how the work will be done, who will do it, and what is in it for employees as they move closer to the overall objectives of the firm.
Acceptability
Managers will pursue objectives that are consistent with their preferences and their own vision for their business unit. If objectives are deemed to be unfair or if they diminish the role of a manager's unit, it is likely that the short-term objectives will be ignored or even revolted against.
Flexibility
Objectives should be adaptable to unforeseen changes in the business environment. This can be difficult to do because flexibility comes at the expense of specificity. Flexible objectives can sometimes be seen as too vague.
Motivating
People are most productive when objectives are set at a motivating level - not so high as to frustrate or so low as to be easily attained. Seek out management and employee input to make sure goals are right for different business units.
Understandability
This is pretty self-explanatory. How can someone achieve an objective if he or she cannot even understand it. Keep it simple.
Achievability
Achievability is closely tied to motivation. If an objective cannot be achieved, employees will burn out quickly and move on to a company where they can thrive.
Your ability to set and achieve short-term goals will be directly tied to your long-term success as an executive, manager, or entrepreneur. Making sure you have covered each of the above criterion will enhance your results in the coming months.
Visit http://www.GoalRevolution.com for your FREE copy of the GR Newsletter.
Bill Tamminga is the founder of Goal Revolution LLC.
Bill is the creator of the GR Business Growth System and the author of Advanced Business Triage, a set of white papers that explain Bill's systematic business assessment and growth plan for service business owners and managers, high end sales professionals, and independent financial planners. He also wrote The Ultimate Success Tool.
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