Abstract Science Construction’s business is in planning, developing and building road projects. The major of its clients are municipalities, city governments, and other public sector entities. While the bankruptcy rates for these clients is very low, when economic downturns happen, their ability to pay in a timely fashion also suffers. This leads to businesses such as Science Construction needing to take on additional debt and to find creative methods in order to stay afloat during times of recession. Methods such as selling accounts receivables at discounted rates and taking larger lines of credit through banks and other lending institutions are some of the ways organizations can remain viable when their cash inflows have turned into a trickle. Science Construction is asking the Turkish Courts to postpone their bankruptcy proceedings for a year while they attempt to restructure. Through this, suggestions such as forcing shareholders to pay their debt to the organization, gaining credi...
| SPECIFIC Who, What, Where, When, Why Define the goal as much as possible with no ambiguous language. MEASURABLE From and To Can you track progress and measure the outcome? How will I know when my goal is reached? ATTAINABLE How Is the goal reasonable enough to be accomplished? RELEVANT Worthwhile Is each goal consistent with other goals you have established-- both immediate and long-term? TIMELY When Your objective should include a time limit whenever possible. "I will complete this step by month/day/year." EXAMPLES OF PERFORMANCE GOALS Ongoing Goals
Special Project Goals
EXAMPLES OF DEVELOPMENT GOALS
conference to increase my communication and team leadership skills to prepare myself for greater management responsibilities.
satisfied with their work and able to perform at a higher level and such that I achieve a 30/70 split between coaching and doing by June 30, 20XX.
effective leader as measured by feedback from my supervisor and the accomplishment of my performance plan goals. Source: http://hr.smcgov.org/how-set-smart-goals-guide-supervisors-and-employees Page 2 of 2References Examples of SMART Performance and Development Goals Retrieved February 26, 2019 from https://www.cwu.edu/hr/sites/cts.cwu.edu.hr/files/documents/pm_SMART_goals.pdf |
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