Effective business goals can be a critical driving factor behind the decisions that you make every day. Without the right goals in place, it can be much more difficult to ensure that you’re taking your business in the right direction.
But how do you go about actually setting these goals? It is not enough to simply sit down and say “I want to make more money next year” or “I want to open an office in Shanghai by 2020.” You have to be strategic about the kinds of goals you set and how you share them with your team.
Following are five steps to follow that will put you on the right path towards effective business goals.