SoftGuide > Functions / Modules Designation > Goal definition

Goal definition

What is meant by Goal definition?

Goal Definition refers to the process of clearly defining objectives and targets within a business or project. It involves specifying quantifiable outcomes or conditions to be achieved, as well as defining criteria for success.

Typical software functions in the area of "goal definition":

  1. Goal Setting: Establishing long-term and short-term goals linked to specific metrics or milestones.
  2. Measurable Criteria: Defining measurable criteria and indicators to track progress towards goals.
  3. Timeframes: Setting timelines or deadlines for achieving goals.
  4. Responsibilities: Assigning responsibilities and roles for implementing goals.
  5. Monitoring and Reporting: Continuous monitoring of progress and generating reports on goal achievement status.
  6. Adjustment and Feedback: Ability to adjust goals based on feedback and changes in the business environment.

Examples of "goal definition":

  1. Revenue Goals: Setting a revenue target of 10 million euros for the next fiscal year.
  2. Market Share Goal: Achieving a 15% market share in a specific region by the end of the quarter.
  3. Customer Retention Goal: Increasing customer satisfaction to 90% within the next 6 months.
  4. Productivity Improvement: Reducing production costs by 20% within one year.
  5. Quality Goal: Achieving a defect-free rate of 99.5% in production quality by the end of the year.
  6. Innovation Goal: Introducing at least three new products per year.

 

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The function / module Goal definition belongs to:

Corporate goals

Software solutions with function or module Goal definition:

The Digital Factory with Customized Software from PDA and MES
myPARM - Multi-project management software
Multi-project management and PPM software
SMARTR.factory
SMARTR.factory
 
 
 
 
 
 
Intelligent solution for the digitalization of operating processes.