A-Z Popular Blog Management Search »
Performance Management
 Advertisements
Related Guides
Performance Management
Key Concepts
Performance Management
Related Topics
Performance Metrics

Performance Objectives

15 Types of Team Objective

 , updated on
Team objectives are a list of goals for a team that are used for performance management. These are typically reflected in the performance objectives of the team's manager and members of the team as applicable. Many organizations require that goals be SMART. The following are common types of team objectives.

Cost

Reducing a cost. For example, a train company that reduces the cost of train delays by managing platforms to help passengers board safely.

Efficiency

Efficiency is the output you get for a unit of input. For example, removing a bottleneck from a production line may increase output.

Labor Productivity

Labor productivity is the average revenue produced in an hour of work. Automation, tools and applications are typically designed to improve labor productivity. For example, software that reduces the time to create an architecture floor plan from 6 hours to 4 hours.

Revenue

Increasing revenue. Teams that have a direct impact on sales typically focus on revenue objectives. For example, the sales targets of a sales or product management team.

Marketing

Improving marketing metrics that are known to impact revenue such as brand awareness.

Data

Data capture, processing and analysis goals. For example, an objective to develop 1000 qualified leads.

Cycle Time

Speeding up the cycle time of processes. For example, reducing the time to respond to customer inquires from 16 hours to 2 hours.

Quality

Improving the quality of products, services, processes or communications. For example, increasing the durability of a bicycle tire from 2,000 hours of use to 3,000 hours.

Risk

Managing risk. For example, reducing the risk of a data breach by encrypting data in storage.

Customer Service

Improving customer service with policies, procedures, training or organizational culture initiatives. Typically measured with customer satisfaction.

Customer Experience

Improving the end-to-end customer experience. For example, upgrading the decor of a restaurant. Typically measured with surveys and customer interviews.

Investments

Projects and initiatives may be measured as investments. For example, an investment in a new production line that is measured with return on investment or net present value.

Employees

Improving the employee experience. For example, transforming onboarding processes so that employees are all set up with everything they need the moment they first arrive. Measured with surveys and process efficiency metrics.

Environment & Communities

Reducing your impact on the environment and having a positive impact in the communities in which you operate. For example, replacing a toxic material with a harmless one.

Compliance

Compliance to regulations and standards. Typically achieved by implementing controls and measured by achieving certification or by reducing non-compliances such as incidents.
Overview: Team Objectives
Type
Definition
A list of goals for a team that are used for performance management.
Related Concepts

Employee Performance

This is the complete list of articles we have written about employee performance.
Adaptive Performance
Business Performance
Employee Feedback
Employee Issues
Employee Outcomes
Expectations
Feedback
Goals
High Performance
Improvement
Improvement Plan
Improvement Process
Leave
Objectives
Performance Appraisals
Performance Issues
Professional Improvement
SMART
Work Achievements
Work Attitude
Work Improvement
Working Style
More ...
If you enjoyed this page, please consider bookmarking Simplicable.
 

Performance Management

A comprehensive guide to performance management.

Goal Setting

Developing an action plan with targets for a team or individual.

Work Performance

The common types of work performance.

Performance Issue

A definition of performance issue with illustrative examples.

Objectives

Common types of objectives.

Bozo Explosion

An overview of bozo explosion.

Performance Management Definition

An overview of performance management.

Self-Evaluation

The common types of self evaluation.

Meritocracy

A definition of meritocracy with examples.

Performance Improvement Plan

Complete examples of performance improvement plans.

Metrics

An reasonably comprehensive list of metrics.

Marketing Metrics

A list of common ways to measure marketing results.

IT Metrics

A list of commonly used IT metrics.

Innovation Metrics

How to measure innovation including early stage, late stage and overall program metrics.

Metrics vs Measurements

The difference between a metric and a measurement.

Best In Class

A definition of best in class with examples.

Data-Driven Business

The common types of data-driven business.

Cycle Time

A definition of cycle time with examples.

Labor Productivity

How to calculate labor productivity with examples.

Cost Effectiveness

A definition of cost effectiveness with example calculations.
The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map