Why goal setting is important in an organization?
Goal refers to any planning you do for the future regardless of what it is. Having a goal while doing a job gives direction and helps in assessing the performance of an individual. Goal setting enables you to be more effective toward guiding your performance and evaluating your results.
These days, most of the companies have their own customized applications/software based on the business needs to let its employees fill up their goals and targets. At the end of the period, the actual performance is compared with the previously set goals which give further direction and vision for overall professional growth. If an employee is meeting his goals, it is a success for the organization as well.
Setting up goals also helps in staying motivated and avoiding procrastination as we know we will be assessed based on our set goals.