How to set objectives that will help your company grow

1. Setting
Objectives

2. How to Set your Objectives and Achieve
Key Results

3. Keep it simple
Focus on objectives that you know you can achieve in the
given time frame. Many employees think that they need to
contribute to every department objective and end up spreading
themselves too thin. Prioritize your objectives according to
what the business needs the most. There is no magic number
for how many objectives you should have as it depends on
many factors such as the complexity of the objectives, the time
and resources available, and unexpected changes in the
business.

4. Be specific

5. Cascade your objectives

6. Make it
measurable

7. Do not worry
about stretch
goals
You want to have goals that are attainable and
challenging at the same time. Many managers will set
stretch goals for their teams as a way to motivate them.
However, stretch goals need to be set very carefully. It
becomes frustrating for employees when they keep
missing the objectives because they are stretch goals.

8. Break your key results in small goals

9. Celebrate and recognize

10. What are the
Objectives for
Nova-IR?

11. Our Quality Policy

12. How will we cascade these goals down
to our processes?

13. Our current objectives as of July 2020,
are:
Objective Information Date Objective Criteria
Improve On-time Delivery (Yearly measured and tracked
monthly)
12/31/2020 Desired: From 98% to 99%
Reduce costs by Improving productivity (Yearly measured
and tracked monthly)
12/31/2020 Desired: identify all current efficiencies and put plans in place to
increase productivity by 2% over 2019
Reduce Customer Complaints due to product Quality issues
(Yearly measured and tracked monthly)
12/31/2020 Desired: From 3% to 1.5%
Complete training needs for all employees 9/30/2020 Desired: 100%
Meet all identified Statutory/Regulatory requirements 9/30/2020 Desired: 100% Compliance

14. Why do we set
objects for the
company?