aims and objectives, goals, milestones, tasks why are we here? what do we want to do? how are we...

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Aims and Objectives, Goals, Milestones, Tasks Why are we here? What do we want to do? How are we going to get there? How do we break that down? How do we know when we’ve arrived? First things first…

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Page 1: Aims and Objectives, Goals, Milestones, Tasks Why are we here? What do we want to do? How are we going to get there? How do we break that down? How do

Aims and Objectives, Goals, Milestones, Tasks

Why are we here?What do we want to do?

How are we going to get there?How do we break that down?

How do we know when we’ve arrived?First things first…

Page 2: Aims and Objectives, Goals, Milestones, Tasks Why are we here? What do we want to do? How are we going to get there? How do we break that down? How do

Types of Organisations

Small trader

Partnership Co-operatives

Local authority

direct labour organisations

Charities

Building societies

QuangosPrivate limited

company

Public limited

company

Nationalised industry

Government department

Local Authority

Franchising?

Page 3: Aims and Objectives, Goals, Milestones, Tasks Why are we here? What do we want to do? How are we going to get there? How do we break that down? How do

Make a ProfitCreate benefits for society Create benefits for members.

Page 4: Aims and Objectives, Goals, Milestones, Tasks Why are we here? What do we want to do? How are we going to get there? How do we break that down? How do

Is the profit motive sufficient? • Short term

– Quick return• Long term

– Investing for the long term• Market share

– Increase our share of the market– Move into a market not already saturated

• Market growth – (organic or through acquisition )

• Satisficing – Where I live is more important than the maximum return for

shareholders • Survival • Lifestyle• Loss maker

– Avoiding paying to much tax• Loss leader

– Killing off the new competition

Page 5: Aims and Objectives, Goals, Milestones, Tasks Why are we here? What do we want to do? How are we going to get there? How do we break that down? How do

Aims of a Profit Making Business

• Turnover is vanity

• Profit is sanity

• Cash is king

Page 6: Aims and Objectives, Goals, Milestones, Tasks Why are we here? What do we want to do? How are we going to get there? How do we break that down? How do

Some possible other objectives

• fairtrade• Buy local• Sustainable• Environmental • Peaceful• Humanitarian • Educational

Page 7: Aims and Objectives, Goals, Milestones, Tasks Why are we here? What do we want to do? How are we going to get there? How do we break that down? How do

Maximization of public benefits

• How - targets • Who - managers • Other manager objectives