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Performance-driven Goal-setting

Definition: Performance-driven goal-setting is the practice of creating goals that are directly tied to measurable performance outcomes, aligning individual efforts with organizational objectives.

Key Components:

SMART goals: Specific, measurable, achievable, relevant, and time-bound targets.
Performance tracking: Monitoring progress toward goals through key metrics.
Feedback mechanisms: Regularly reviewing progress and adjusting goals as needed.

Benefits:

Increased motivation: Clear, measurable goals help employees stay focused.
Better performance: Aligning goals with outcomes drives higher productivity.
Improved accountability: Employees are held responsible for achieving set targets.

Future Trends:

AI-enhanced goal-setting: AI tools will help set more accurate and realistic performance goals.
Real-time performance tracking: Tools that continuously measure progress toward goals.
Adaptive goal-setting: Goals will evolve dynamically based on real-time performance data.

Other Terms:

No glossary files available.