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Leadership in Business: Setting Goals, Prioritizing Activities, and Managing Time

   

Added on  2023-06-10

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Running head: Leadership In Business
Leadership in Business: Setting Goals, Prioritizing Activities, and Managing Time_1

Leadership In Business 1
Contents
Introduction.................................................................................................................................................2
Review of the organization’s policies, procedures and plans which will inform the team and personal goal
setting..........................................................................................................................................................2
The setting of the team and personal goals in the organization....................................................................3
Measurement of goal-related performance through KPI..............................................................................3
The process is undertaken to priorities activities to achieve work goals......................................................4
Description of the process of developing your plans to manage priorities of time and work.....................4
Work Planning and organizing things..........................................................................................................8
Conclusion...................................................................................................................................................9
References.................................................................................................................................................10
Leadership in Business: Setting Goals, Prioritizing Activities, and Managing Time_2

Leadership In Business 2
Introduction
Goal setting for a team enables it to clarify the constituents of the logical results to them.
Through goal setting, the members of the team are involved in agreeing on what they want to
accomplish and it can only be achieved through their commitment. The teams can be an effective
unit more quickly if they want to accomplish a challenging and meaningful goal if they are
committed to achieving it (Chang, 2016).
So, this journal is all about the description of the policies, procedures and plans of Fixmycar Pty
Ltd, a roadside service company operating in Australia which will lead to the team and personal
setting of goals. As s sales manager, a work plan shall be formulated to accomplish the goals set
by the team for meeting the objectives of the company. Measures would also be suggested to
maintain work-life balance, manage stress and maintain the health of the employees of the team.
Review of the organization’s policies, procedures and plans which will inform the team and
personal goal setting
The mission of Fixmycar Pty Ltd is to make the company a nationally recognized brand in the
roadside service industry. It aims to utilize a partnership with the companies operating in the
automotive industry so that it can provide premium services to it consumers.
The company aims to grow its services in the next 12 months and to improve its profitability by
20% by 30 June 2019. The team should formulate SMART goals which are specific, measurable,
attainable, relevant and time-bound (Fransen, Weinberger and Kirschner, 2013).
Leadership in Business: Setting Goals, Prioritizing Activities, and Managing Time_3

Leadership In Business 3
The setting of the team and personal goals in the organization
The goals to be set for the team can be enhanced profitability for the firm. As the company has
aimed to increase its profits by 20 % in the next 12 months, so this goal should be established on
a priority basis. The second goal can be an improvement in the quality of work performed by the
team. The team leader must strive to improve the quality of work performed by his team. The
third goal can be winning back the lost consumers of the firm. The fourth goal can be improving
the training processes of the employees so that they can upgrade their skills and expertise to
accomplish the goals of the organization.
The next goal can be increased sales by 10% by the end of next quarter. For this strategies should
be evolved regarding the boosting up of employees’ morale so that they are motivated to employ
innovative methods to increase their sales.
The third goal should be to improve the presentation skills of the employees before the
consumers. It creates an impact on many aspects of work life. The last goal at the personal level
can be to analyze the relationship of the process executed within the organization and they're
aligned with the established goals (Sohmen, 2013).
The above-mentioned goals keep the productivity of the team leaders and their members at a
high level. The reason for setting these goals is that they revolve around the development in the
workplace and allow the progress of the employees at their personal level as well.
Measurement of goal-related performance through KPI
The Key Performance Indicators (KPI) are the techniques used to define, measure, review and
track the performance achieved by the teams and their members towards the accomplishment of
the set goals. KPIs depict the ratio of actual to target and help the employees know how close
they are in accomplishing their goals. They reflect and directly relate themselves to the goals of
the organization. They are the metrics against which the company aligns its performance with its
strategies.
The examples of maintaining performances under varying conditions are that the team should set
and meet their own priorities related to their performances. They should take initiatives so that
Leadership in Business: Setting Goals, Prioritizing Activities, and Managing Time_4

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