|
OGSM
Objectives, goals, strategies and measures (OGSM) is a goal setting and action plan framework used in strategic planning. It is used by organizations, departments, teams and sometimes program managers to define and track measurable goals and actions to achieve an objective. Documenting your goals, strategies and actions all on one page gives insights that can be missing with other frameworks. It defines the measures that will be followed to ensure that goals are met and helps groups work together toward common objectives, across functions, geographical distance and throughout the organization. OGSM's origins can be traced back to Japan in the 1950s, stemming from the process and strategy work developed during the occupation of Japan in the post-World War II period. It has since been adopted by many Fortune 500 companies. In particular, Procter & Gamble uses the process to align the direction of their multinational corporation around the globe. Purpose The OGSM framework forms the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goal Setting
Goal setting involves the development of an action plan designed in order to motivate and guide a person or group toward a goal. Goals are more deliberate than desires and momentary intentions. Therefore, setting goals means that a person has committed thought, emotion, and behavior towards attaining the goal. In doing so, the goal setter has established a desired future state which differs from their current state thus creating a mismatch which in turn spurs future actions. Goal setting can be guided by goal-setting criteria (or rules) such as SMART criteria. Goal setting is a major component of personal development, personal-development and management literature. Studies by Edwin A. Locke and his colleagues, most notably, Gary Latham have shown that more specific and ambitious goals lead to more performance improvement than easy or general goals. Difficult goals should be set ideally at the 90th percentile of performance, assuming that motivation and not ability is limiting attai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SMART Criteria
S.M.A.R.T. (or SMART) is an acronym used as a mnemonic device to establish criteria for effective Goal setting, goal-setting and objective development. This framework is commonly applied in various fields, including project management, employee performance management, and personal development. The term was first proposed by George T. Doran in the November 1981 issue of ''Management Review'', where he advocated for setting objectives that are specific, measurable, assignable, realistic, and time-bound—hence the acronym S.M.A.R.T. Since its inception, the SMART framework has evolved, leading to the emergence of different variations of the acronym. Commonly used versions incorporate alternative words, including ''attainable'', ''relevant'', and ''timely''. Additionally, several authors have introduced supplementary letters to the acronym. For instance, some refer to SMARTS goals, which include the element of "self-defined", while others utilize SMARTER goals. Proponents of SMART ob ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Triumph International
Triumph International is a Swiss underwear manufacturer founded in 1886 in Heubach, Germany. The company's headquarters has been located in Bad Zurzach, Switzerland, since 1977, and it has branches in 45 countries. In addition to the Triumph brand, the company produces and distributes the products under the brands ''sloggi'' and ''AMO’s Style by Triumph''. Triumph International has been an industry leader, particularly in women's and sleepwear, since the 1960s. Shares of the German subsidiary have been traded on the stock exchange until 2011. History In 1886, Johann Gottfried Spiesshofer and Michael Braun founded a factory for the production of corsets in Heubach (Baden-Württemberg). They first employed six people on the same number of sewing machines. That number rose to 150 people in 1890, and in 1894 their first exports were sent abroad, to England. It was only in 1902 that Spieshofer and Braun registered the ''Triumph'' brand, which was reminiscent of the Parisi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MetLife
MetLife, Inc. is the Holding company, holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, Annuity (US financial products), annuities, and employee benefit programs, with around 90 million customers in over 60 countries. The firm was founded on March 24, 1868. MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. On January 6, 1915, MetLife completed the mutualization process, changing from a stock life insurance company owned by individuals to a Mutual organization, mutual company operating without external shareholders and for the benefit of policyholders. After 85 years as a mutual company, MetLife Demutualization, demutualized into a Public company, publicly traded company with an initial public offering in 2000. Through its subsidiaries and affiliates, MetLife holds leading market positions in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mars, Incorporated
Mars, Incorporated (doing business as Mars Inc.) is an American multinational manufacturer of confectionery, pet food, and other food products and a provider of animal care services founded on June 23, 1911, headquartered in McLean, Virginia, and is entirely owned by the Mars family. The company had US$45 billion in annual sales in 2022; that year ''Forbes'' ranked the company as the fourth-largest privately held company in the United States. Mars operates in four subsidiaries around the world: Mars Wrigley Confectionery (headquartered in Chicago, Illinois, with U.S. headquarters in Hackettstown and Newark, New Jersey), Petcare ( Zaventem, Belgium; Poncitlán, Jalisco, Mexico; Querétaro, Mexico), Food ( Rancho Dominguez, California), and MARS Edge (Germantown, Maryland), the company's life sciences division. History Franklin Clarence Mars, whose mother taught him to hand dip candy, sold candy by age 19. He started the Mars Candy Factory on June 23, 1911 with Ethel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Honda
commonly known as just Honda, is a Japanese multinational corporation, multinational Conglomerate (company), conglomerate automotive manufacturer headquartered in Minato, Tokyo, Japan. Founded in October 1946 by Soichiro Honda, Honda has been the world's largest motorcycle manufacturer since 1959, reaching a production of 500 million . It is also the world's largest manufacturer of internal combustion engines measured by number of units, producing more than 14 million internal combustion engines each year. Honda became the second-largest Japanese automobile manufacturer in 2001. In 2015, Honda was the eighth largest automobile manufacturer in the world. The company has also built and sold the most produced motor vehicle in history, the Honda Super Cub. Honda was the first Japanese automobile manufacturer to release a dedicated luxury brand, Acura, on 27 March 1986. Aside from their core automobile and motorcycle businesses, Honda also manufactures garden equipment, marine eng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reckitt Benckiser
Reckitt Benckiser Group PLC, currently branded as Reckitt, formerly known as Reckitt Benckiser, is a British multinational consumer goods company headquartered in Slough, United Kingdom. It is a producer of health, hygiene and nutrition products. The company was formed in 1999 by the merger of British company Reckitt & Colman plc and Dutch company Benckiser N.V. Reckitt's brands include the antiseptic brand Dettol, the analgesic Disprin, the sore throat medicine Strepsils, the toilet cleaner Harpic, the hair removal brand Veet, the immune support supplement Airborne, the Australian insecticide brand Mortein, the indigestion remedy Gaviscon, the baby food brand Mead Johnson, the air freshener Air Wick, and other brands and products like: Calgon, Clearasil, Cillit Bang, Durex, Lysol, Mycil, Enfamil, and Vanish. History Origins Johann Benckiser founded a business in Pforzheim, Germany, in 1823. Its core business was industrial chemicals. Ludwig Reimann, a c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal FloraHolland
Royal FloraHolland, legally Koninklijke Coöperatieve Bloemenveiling Royal FloraHolland U.A., is a Dutch conglomerate of florists. It is one of the largest auction companies in the world. Royal FloraHolland is headquartered in Aalsmeer, with locations in Naaldwijk, Rijnsburg and Eelde. The export auctions are located in Aalsmeer, Naaldwijk and Rijnsburg, and there is an auction for the domestic market in Eelde. The brokerage agency focuses on futures and day trade and operates at all branches. Measuring 740 by 700 meters, the auction building in Aalsmeer is the largest building in Europe by floor area. Until 2008, it was the largest building in the world (currently ranked fifth). Company FloraHolland is a non-profit organization which is a result of a merger between FloraHolland and Aalsmeer Flower Auction in 2007. During the COVID-19 pandemic in 2020, FloraHolland's sales collapsed by over 70 percent due to the drop in global demand. In March 2020 alone, 400 million ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Coca-Cola Company
The Coca-Cola Company is an American multinational corporation founded in 1892. It manufactures, sells and markets soft drinks including Coca-Cola, other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Its stock is listed on the New York Stock Exchange and is a component of the Dow Jones Industrial Average, DJIA and the S&P 500 Index, S&P 500 and S&P 100 indexes. Coca-Cola was developed in 1886 by pharmacist John Stith Pemberton. At the time it was introduced, the product contained the stimulants cocaine from coca leaves and caffeine from kola nuts which together acted synergistically. The coca and the kola are the source of the product name, and led to Coca-Cola's promotion as a "healthy tonic". Pemberton had been severely wounded in the American Civil War, and had become addicted to the pain medication morphine. At the time, cocaine was being promoted as a "cure" for opioid addiction, so he developed the beverage as a patent medicine in an effort to c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Central Arkansas
The University of Central Arkansas (Central Arkansas or UCA) is a public university in Conway, Arkansas, United States. Founded in 1907, the university is one of the oldest in the state. As the state's only normal school at the time, UCA has historically been the primary source of teachers in Arkansas. It was one of about 180 " normal schools" founded by state governments to train teachers for the rapidly growing public common schools. The university comprises five colleges, five residential colleges and one commuter college. UCA has about 10,000 graduate and undergraduate students, making it one of the largest universities in the state. The university maintains a student-to-faculty ratio of approximately 17 to 1. Over 150 undergraduate, graduate, and professional programs are offered at the university. UCA occupies over 120 buildings within its . History The Arkansas State Legislature created the Arkansas State Normal School, now known as the University of Central Arkansas, in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Performance Indicator
A performance indicator or key performance indicator (KPI) is a type of performance measurement. KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. KPIs provide a focus for strategic and operational improvement, create an analytical basis for decision making and help focus attention on what matters most. Often success is simply the repeated, periodic achievement of some levels of operational goal (e.g. zero defects, 10/10 customer satisfaction), and sometimes success is defined in terms of making progress toward strategic goals. Accordingly, choosing the right KPIs relies upon a good understanding of what is important to the organization. What is deemed important often depends on the department measuring the performance – e.g. the KPIs useful to finance will differ from the KPIs assigned to sales. Since there is a need to understand well what is important, various technique ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
