Week 3 Real World Application 3 Analytics Optimization Essay

Goals within my organisation look at where we would continue to strive towards. They are long term aims. They are stated in our professional development plan stating:-

The company has been functioning well in terms of generating profit and demand so far. However, there will be a 20% increase in demand for the next month of operations as predicted by management, and the production and supply management's problems may come as a problem they can no longer afford.

There are OBJECTIVES where we can identify what we want to be able to do or to do better.

o Performance goals: Track the extent to which projects will have met/exceeded all applicable performance goals; notify grantees of performance deficiencies and demonstrate efforts to improve performance.

Are the objectives realistic? The team realistically deliver the vision desired, for the goals we set? - Timely: We might have met all the criteria above, but do the team have sufficient time to do a competent job? Wherever possible the team is involved in the decision making process, when setting objectives.

The company’s products are not selling in the market even after making several changes and reforms in the operation process i.e. experiencing difficulty in gaining traction in the market.

Describe goals and objectives as they apply to business. pg 181-182; wk 6 lecture, pg 1

They must be specific, measurable, supported, and achievable. These goals will be motivators for the immediate time to come. Unobtainable goals are discouraging and provide no real way to achieve company goals.

Thank you for the opportunity to assess your sales data in order to provide recommendations for increasing your sales. The analysis and recommendations below are based on the data you provided, which covers a period from May 2004 through June 2006. The analysis below is based on this data alone. Therefore, our recommendations should be tempered by your knowledge of business realities and your market. Please let us know if we can answer any questions concerning the analysis or the recommendations provided.

Method for measuring progress toward goals and objectives and how progress will be reported to

In evaluating the outcome and measuring the success of the team, we went back to the objective that was established to determine if these were met within the timeline specified?

Goals are integral in helping the company set timelines for fulfilling their core mission (Balanced Scorecard Institute, 2014). The division will focus on goals that focus on the generation of new ideas and how long it takes for these ideas to become business successes. As such, long term and short term goals must be clearly outlined.

All goals must be measurable to then measure the progress towards the successful outcome, to measure progress is to monitor and access success and achievement.

Stakeholders will have several goals to fulfill to accomplish this mission. The goals will allow the stakeholders to complete the project on time, within budget, and with few problems, while providing milestones for a successful project. These goals are:

The following sections will discuss the specific production schedule, the ranges in which the results apply, and how results may