Imagine you’re a product manager who wants to increase the daily active users for your software product in the next quarter. You could, for instance, say to your team, “we need to increase DAU!” But how do you define “increase”? How does your team know what “increase” signifies? What timeframe will these DAU measurements need …
Goal setting in an organization can be challenging, especially when the organization – and the number of employees for which the goals need to be set – is significant. Often, these goals are created and developed with good intentions, but not enough action happens around them after the initial frenzy. With proper alignment, goals can …
Importance of setting clear and achievable goals in an organization Read More »
OKR and agile for Goal Setting The basics of OKR may sound simple enough to understand, but implementing them isn’t easy. That’s why the process of continuous feedback is included in the framework, so that any issues that are encountered during the implementation or execution process can be ironed out in an efficient way. OKRs …
One of the first exercises that every company should undertake in its nascent days is the development of a vision and mission statement. These statements act as a compass to steer these companies’ operations. However, they address different processes and there is a need for management to understand the difference between the two statements. What are …
Mission Statement vs Vision: What’s the Difference? Read More »
Businesses always need a well articulated direction to succeed. This direction more often than not, comes from the company’s mission statement. Bought in by the entire company, a clear mission can set the business up for success. Potentially it can also overhaul public perceptions about the brand. The flip side of the coin is also …
How to Write a Company Mission Statement in 6 Steps? Read More »
Roughly half of all new businesses fail to survive the first five years. Many don’t even last the first 18 months. There are plenty of reasons that businesses fail but a recurring theme is a lack of a clear growth strategy. A growth strategy is more that a vision; it’s a concrete plan to grow …
7 Key Business Growth Steps To A Successful Strategy Read More »
Ever feel that workdays tend to blend together into one incomprehensible mess? That’s not unusual. Many people find themselves struggling to define their achievements in the workplace. Setting yourself different types of goals at work can break the jinx. It is a fantastic way to provide structure, stability, and progression to your career. There …
Businesses, employees, managers, take your pick: every entity needs a plan for success. Of course, a plan can take many forms. Consider a “back of the napkin” personal timeline or a formal business development document. The best plans combine two fundamental concepts: goals and objectives. Goals and objectives may appear similar on the surface, there is …
Difference Between Goals And Objectives – Pay Close Attention Read More »
Everybody defines and measures success in their own ways. For some it could be measured by their salary or bank balance, the size of the house they own, ability to give back to society, etc. Many people seek to know the best ways to achieve their goals, be it personal or professional. Some are more …
Success lessons from historical figures and 2 centi-billionaires Read More »
Setting goals is an integral part of an organization. It helps the organization determine where it wants to reach and how does it plan to get there. One of the most common goal setting techniques is SMART goals. SMART stands for specific, measurable, actionable, relevant and time-bound. This technique is intended to simplify the overwhelming …
