Question

Describe hierarchy of objectives along with specificity of mission and objectives in an organisation

Answer 1

Answer:

As shown the hierarchy has four types of objectives:- policy, strategic, project and input. They are grouped into three levels:- policy, strategic and operational. The hierarchy of objectives indicates that managers at different levels in the hierarchy of the organization are concerned with different kinds of objectives according to the authority. They are delegated with middle level managers are involved in the settings of key result area objectives and division objectives.

Answer 2

In an organisation both help in the achievement of objectives in an effective and efficient manner.

• The objectives hierarchy represents a technique for effective analysis and efficient communication of the project goals.
• It categorises the goals into several degrees of a hierarchy or tree. Various organisations have different names for many levels and sorts of objectives at each level, but the overall concept is very similar.
• The mission statement is more specific to what the organisation can do on its own, but the vision statement should indicate what will be accomplished in the larger context.
• if the enterprise and others succeed in fulfilling their unique goals, then the objectives must be defined once the mission statement has been developed. Thus, both are interrelated.