Targets
In this lesson, you'll learn how to set effective targets that balance motivation with realism—a key skill for Performance Management and strategic planning.
This lesson is part of a paid course
Buy the course to unlock every video lesson and the AI Tutor, plus mock exams with feedback on CIMA courses.
Already bought? Sign in
Ask the AI tutor anything about this lesson
It knows every lesson in the course — explanations, clarifications, practice questions.
In this lesson
- 0:00 Setting targets and organisational direction
- 0:17 The challenge of target difficulty
- 0:47 Using dual budgets for motivation
- 1:11 Expectations budget for practical planning
About this lesson
You'll discover why targets matter, the pitfalls of setting them too high or too low, and how to use dual budgeting approaches to achieve both stretch goals and practical planning. This covers the critical balance between aspirational targets and expectations budgets, helping you understand when and how to apply each in real business scenarios.
Duration: 1m
Transcript
Every lesson comes with a full searchable transcript - included with the course.
Get the Performance Management course
All 87 video lessons, an AI Tutor in every lesson and lifetime access.
Already bought? Sign in