REALISTIC TARGETS Can it be measured? Is there the ability to achieve it?
Posted: Tue Jan 28, 2025 8:35 am
First look at past performance.. also look at existing capabilities.. Budget.. team.. logistics.. potential..
Don't set unreasonable targets.
Look at the results you have now, and set targets that can be achieved with the resources you have.
Before setting targets, do an in-depth market study.
Look at what customers want, what competitors are doing, and where we can enter to compete.
With good research, we can set more accurate targets.
Every target we set must have an associated cost.
Calculate the costs carefully . Don't set high latvia phone data targets but not have enough budget to achieve them.
Marketing costs, operating costs, everything has to be included in the calculation.
Have you ever heard of the SMART principle ?
Specific
Measurable
Achievable
Relevant
Time-bound
Make sure your target meets all these principles.
Kalau tak, memang la susah nak capai.
Take into account our team's skill set and capabilities when setting targets.
We want to increase sales by 100%, but our team doesn't have enough people or knowledge to support us. We definitely won't achieve our goal. Right.
Don't set unreasonable targets.
Look at the results you have now, and set targets that can be achieved with the resources you have.
Before setting targets, do an in-depth market study.
Look at what customers want, what competitors are doing, and where we can enter to compete.
With good research, we can set more accurate targets.
Every target we set must have an associated cost.
Calculate the costs carefully . Don't set high latvia phone data targets but not have enough budget to achieve them.
Marketing costs, operating costs, everything has to be included in the calculation.
Have you ever heard of the SMART principle ?
Specific
Measurable
Achievable
Relevant
Time-bound
Make sure your target meets all these principles.
Kalau tak, memang la susah nak capai.
Take into account our team's skill set and capabilities when setting targets.
We want to increase sales by 100%, but our team doesn't have enough people or knowledge to support us. We definitely won't achieve our goal. Right.