Aims and Objectives

Strategies

States the course of action to meet the objective

Aims

Statement

Purpose

Objectives

Measurable target

Plans/Strategies

help motivate employees

measure progress towards to its stated aims

Types of Objectives

Wealth Creation

Employee Satisfaction

Growth/Size/Market Share

Independence

Profit

Ethos

Survival

Environmental

Customer Satisfaction

Quality

Customer Loyalty

Productivity/Efficiency