1 / 17

ABM Goal Setting

ABM Goal Setting. Goals provide direction in Long-Term planning , as well as, day-to-day operations. Specific Goals Goals – Balance Sheet - Financial Records - Income Statement - Cash Flow - Identifying & Evaluating the Operation -. GOALS. Can We Make It Work??.

gabriel-albert
Download Presentation

ABM Goal Setting

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ABM Goal Setting • Goals provide direction in Long-Term planning , as well as, day-to-day operations.

  2. Specific Goals • Goals – • Balance Sheet - • Financial Records - • Income Statement - • Cash Flow - • Identifying & Evaluating the Operation - GOALS

  3. Can We Make It Work?? • Goals help all members of the business pull together in the same direction.

  4. Based on your values • What is important in your life? GOALS should be

  5. Time dependent • Long-range (ten years to a lifetime) • Intermediate(two–ten years) • Short-range (one-two years or less) GOALS should be

  6. Written, but written in pencil • Values & priorities change • Other people’s values and • priorities change • We do not live in a vacuum GOALS should be

  7. broad statements that show where you want to be after a certain period of time • make a profit every year (be more specific) Increase profit by 10% in 3 years • increase grain sales by 12% over 5 years Soils testing Improved variety What are Goals?

  8. provides "road map” • distinguishes between goals & objectives • makes it easier to get where you are going • prepares you to meet the future • you see the big picture & focus on critical relationships • gives you purpose and direction • frees you from worries and uncertainties about where you are headed What are the advantages of setting goals?

  9. Your personal goals (what do you want to happen) • Goals in writing • SMART Goals • Specific • Measurable • Attainable • Realistic/Reasonable • Timed or Timely • Set a deadline • target dates • time limits • Goals should be compatible with each other • Complement ( completion leads to another) Guidelines for setting goals

  10. Business And Family Goals Record keeping system Know your costs of production Know what you produce Analyze for results Make adjustments needed Evaluate change What must be done?

  11. Often, goals can conflict • Personal vs. Family • Family vs. Business • Business vs. Business Communication First step in making goals compliment each other GOALS

  12. Examples -- Short Term goals

  13. Examples -- Intermediate goals

  14. Examples -- Long term goals

  15. Goals are based on values Goals can be personal, family, and business Goals are short term, intermediate, and lifetime Goals should be written Goals should be feasible Written goals give direction Goals -Review

  16. What are my GOALS?

  17. What are my Farm GOALS?

More Related