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Strategy Evaluation Framework



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SMART  What is SMART SMART is an analytical technique for designing objectives in management and planning. SMART is an acronym from the initial letter of the English names of the objective attributes: Specific, Measurable, Achievable/Acceptable, Realistic/Relevant, Time specific/Trackable. SMART   is an   analytical technique  for designing   objectives   in  management and  planning .  SMART is an acronym from the initial letter of the English names of the objective attributes: S  - Specific M  -  Measurable A  - Achievable/Acceptable R  - Realistic/Relevant T  - Time Specific/Trackable Use of the SMART method in practic e :   SMART method is used for the design of  objectives  (especially   specific objectives ).  In their design it must be maintained the  SMART   condition for each objectives and their  metrics .  It means th...
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Types of Organizational Structures Functional If you’ve had a job, you likely worked in a functional organizational structure. The functional structure is based on an organization being divided up into smaller groups with specific tasks or roles. For example, a company could have a group working in information technology, another in marketing and another in finance. Each department has a manager or director who answers to an executive a level up in the hierarchy who may oversee multiple departments. One such example is a director of marketing who supervises the marketing department and answers to a vice president who is in charge of the marketing, finance and IT divisions. An advantage of this structure is employees are grouped by skill set and function, allowing them to focus their collective energies on executing their roles as a department. One of the challenges this structure presents is a lack of inter-departmental communication, with most issues and discussions takin...
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SOCIOCULTURAL FACTORS SOME SOCIOCULTURAL FACTORS TO BE ANALYZED  →  Values →  Social   Perception   to   Various  Events →  Tastes →  Community   Behaviors →  Attitudes →  Life  styles
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