A Word on Terminology – What is Objectives Management and More?
The terminology in this area is confusing so we thought it might help to document how we see it.
Objective = a future result. (Also synonymous with Goal, Outcome and Destination.)
SMART Objective = Measurable, Aligned and Timebound Result. (Also synonymous with SMART Goal or SMART Outcome.)
Objectives Management = the management of a businesses or organisation’s entire objectives system. (Note that because Individual Performance needs to be tied to Objectives, a good Objectives Management System could equally be called an Objective & Performance System)
Objective Setting = the actual setting of objectives (or outcomes or goals)
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