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Aims versus Goals versus Objectives in Strategic Management

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Doris Buttigieg
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Doris Buttigieg
Student (University), Malta

Aims versus Goals versus Objectives in Strategic Management

What is in management the difference between goals, aims and objectives?
I am reading for MSc Management and Leadership in Healthcare.

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  Jaap de Jonge
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Jaap de Jonge
Editor, Netherlands
 

Aims, Vision, Mission, Goals and Objectives: Differences and Similarities

There are at least 3 levels that can be distinguished to express the hierarchy of strategic aims of any organization: Vision/Mission, Goals and Objectives. See the article on CSFs and KPIs for more detailed information.
Unfortunately, in daily parlance - and even among management professionals - these terms are mixed up frequently. And also in different parts of the world and in different sectors (manufacturing, healthcare, ...) the terms can mean different things.
So always consider the context in which terms like this are being used. And remember there exists a strategic hierarchy and interdependence among strategic goals. The exact terminology being used to accommodate a particular hierarchy can differ.

 

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More on CSFs and KPIs
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topic Objectives and Key Results (OKR)
🔥 What is the Current Role of KPIs in your Company?
topic Difference Between a KPI and a KRA?
topic Spider Web Visualization of Key Success Factors
topic How to derive Key Performance Indicators (KPIs)?
topic BSC Difference Between CSF and Goals
topic Critical Success Factors (CSFs) versus Balanced Scorecard
topic Applicability of KPIs and CSFs in Small Organizations
topic Top KPIS for Pharma Supply Chains
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topic Usages of Key Performance Indicators (KPIs)
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