Final answer:
Organizational goals set guidelines for employee behavior, provide benchmarks for evaluating performance, establish cultural standards, and financial targets, which altogether ensure employees work towards the company's mission.
Step-by-step explanation:
Organizational goals serve multiple functions that are integral to the success of any business. They provide clear guidelines for employee actions and decisions, impacting many aspects of a company.
- Provides a benchmark for evaluating individual performance, enabling supervisors to measure the effectiveness and contributions of each employee against the set goals during performance appraisals.
- Guides employee behavior and decision-making by establishing norms and expectations that align with the company's mission, values, and priorities.
- Sets standards for organizational culture, influencing the ways employees interact with each other and make decisions.
- Establishes financial targets for the company, which are crucial for financial planning and assessing the organization's economic progress.
By understanding the organizational culture, employees can better navigate their roles within the company. Performance evaluations, codes of ethics, and training further reinforce and clarify these goals, ensuring employees are informed and aligned with the company's objectives. Organizational charts can also help employees understand the company structure and their part in it. In essence, goals are the roadmap for a company's operation, decisions, and employee engagement, reflecting what is valued within the organization.