Dresser & Associates is Now Part of Net@Work!
X
Net@Work | Dresser & Associates
We are extremely pleased to announce that Dresser & Associates has joined Net@Work, one of the most respected Sage Software Partners in North America and an award-winning end-to-end technology solutions provider. You will see very little change relative to your Sage Software support, really just a name change.

Our existing staff will all be joining Net@Work and will continue to provide the excellent level of service and support our customers have come to expect. Our entire team is very excited about joining Net@Work and the ability to bring even more knowledge and resources to all of our clients.

Thank you for your continued business and we look forward to our ongoing relationship.

Mark F. Dresser, Dresser & Associates, Inc | mfdresser@dresserassociates.com
Read Message from Mark Dresser | Read the Full Press Release | Visit Us at www.netatwork.com
Dresser & Associates
GoToAssist

Talent Management

Strategic Objectives: Part of the Company's Strategy

Q: What are Strategic Objectives?

A: Strategy is a company's plan for controlling and utilizing its resources—human, physical and financial capital, in an effort to promote and secure its interests. When trying to define strategy, think of it in terms of what a business can do—its strengths and weaknesses—as well as the potential effect of external opportunities and threats. Strategy can be summed up as a “broad formula for how a business is going to compete,” states Harvard Professor Michael Porter.

When the strategy has been developed, a plan to reach the goals must be formulated. The goals can be achieved only by setting clear short-term and long-term objectives. However, a company will also need to define which performance areas will need to be measured. Those measurements will assist the company in defining the objectives.

An organization establishes its long-term objectives once it has developed its mission and vision statements. It then conducts an analysis of the organizations internal strengths and weaknesses and its external opportunities and threats, otherwise known as a SWOT analysis.

The long-term objectives are the specific results that an organization seeks to achieve in pursuing its basic mission. They generally take three to five years to achieve.

Short-term objectives are the milestones that have to be reached in order to meet the long-term objectives and generally are completed within six months to a year. In order to meet these objectives, all management must be on board. This can foster an environment of acceptance and commitment among all employees.

The short-term objectives are essential to the success of the long-term goals and ultimately the organization's strategic plan. The objectives need to be “specific, measurable, achievable, realistic and time bound,” in short, S.M.A.R.T. An action plan to achieve the objectives is imperative to attain the goals set by the company.

Some key components will be to determine the needed resources, determine what other areas of the organization collaborate and interlock and review the financial impact. Once the action plan is in the implementation stage, it is time to see if the strategy is working. This is accomplished by reviewing the financial statement and the balanced scorecard, performing a market analysis and keeping an eye open for the warning signs that may mean that it is time to re-evaluate the strategy.

Without clear, concise objectives, a strategy has little chance of becoming reality to a company. All levels of the company must be in sync about the organization's mission, in order for the strategy and its objectives to be successful.

Article by Audra Russell, PHR, is an HR knowledge advisor in SHRM's HR Knowledge Center from http://www.shrm.org/kc/solutions/articles/archives/CMS_023853.asp#P-8_0

  • Overview
  • Associations
    • Associations
    • Talent Management and Employee Retention
    • Employee Relations and Employee Benefits
    • Training and Development
    • Compliance and Legal Help
    • Business Management
    • Payroll
  • State & Federal Government
    • State & Federal Links
    • Law
    • US Department of Labor Links
    • OSHA
    • Government Printing Office
    • Federal/State Tax Information
    • HIPAA
    • Federal Tax Calculators/Reporting Forms
    • Safety
    • Articles on Diversity & Affirmative Action
    • Affordable Care Act
  • General/Miscellaneous
    • HR Websites
    • Recruitment Websites
    • Talent Management Sites
    • Payroll and Taxes
    • HR/Payroll Newsletters
    • Training, Development, and Software Websites
  • HR Metrics
    • HR Metrics
  • HR/Payroll Challenges Solved
    • Cyber Security
    • Human Resources
    • Recruitment & Staffing
    • Compensation & Payroll
    • Compliance
    • Talent Management
  • Magazines
    • Human Resources
    • Benefits
    • Payroll
    • Recruitment & Performance Management
    • General Business
  • Training Development & Talent Management
    • Training & Development Articles
    • Talent Management
  • Payroll/Wage Hour/Compensation/Benefits
    • Payroll Articles
    • Wage Tax Info
    • Employee Benefits
    • Articles on Severance Pay
    • Records and Reporting
  • Recruitment/Staffing/Job Boards
    • Job Boards
    • Hiring Articles
    • Contingent Staffing Articles
    • Relocation
  •  
  • Overview
    • Hey Dresser, Make my job easier!
    • Sage HRMS Video -- The Solution for a New Era of HR
    • HRMS - More Than Just an Administrative Tool
    • ROEI: Return on Employee Investment
    • I want a solution to...
    • Assessing Your Needs
    • What's New
    • Sage HRMS Overview
    • Why Sage HRMS?
    • Comparison
    • What is an HRIS?
    • HRIS Checklist
  •  
  •  
  • Software & Services
    • Sage HRMS Overview
      • Take a Tour
      • Deployment Options
      • Product Briefs and Feature Sheets
    • Sage HRMS
      • Employee Self Service
      • Benefits Enrollment
      • OrgPlus
      • Train
      • Crystal Dashboard
    • Time and Attendance
      • Sage Time and Attendance by Insperity
    • Sage HRMS Extensions
      • Multi-Lingual ESS
      • HR Actions
      • Alerts and Workflow
      • Benefits Messenger
      • Sage Add-Ons and Utilities
      • My Workforce Analyzer (ACA)
    • Payroll
      • Sage Tax Filing Services
      • Outsourced Payroll Options - Sage Payroll Services
    • Recruiting
      • Cyber Recruiter & Cyber Train
      • Hyrell
    • Sage HRMS Talent Management
      • Learning Management
      • Performance Management
      • Cornerstone Product Demos and Flash Videos
      • Cornerstone Success Stories
      • Cornerstone Video Success Stories
      • Feature Sheets
      • PerformancePAM
    • Accounting Integration
      • Accounting Integration Software
      • Timberline Integration
  •  
  •  
  • Support & Training
    • Dresser Support
    • Support Programs
    • Sage Customer Portal
    • Sage Employer Resources
    • Contact Support
    • Free Webinars and Online Training
  •  
  •  
  • Total Care
    • Total Care Program Resources
      • Free Webinars and Online Training
      • Month by Month Training Calendar
      • Dresser & Associates Customer Portal
      • Payroll Resource Center
      • Tips & Tricks
      • User Group Conferences
      • Alliance for Workforce Management
      • HR Management Blog
      • Connect with us on Social Media
      • Newsletters
      • HR Best Practices and Whitepapers
      • Knowledge Center
      • Affordable Care Act
      • HR Selection Tools
    • Partners and Alliances
      • HR & Payroll Forms
      • Take Advantage of Tax Credits
      • Sage HRMS Payroll Tax Forms and eFiling
      • Purchasing Power (premier employee purchase program)
      • Background Screening Services
  •  
  •  
  • Special Offers
    • Affordable Care Act Survival Kit
    • Switch from Sage Abra Suite to Sage HRMS
    • 2015 Year End Closing with Sage Payroll
    • Sage HRMS Benefits Messenger - Electronic Carrier Connections
    • HR & Payroll Forms
    • Sage Alerts and Workflow
    • Dresser & Associates Total Care Program
    • E-Verify
    • Health Plan Information on 2012 W-2's
    • Pennsylvania ACT 32
    • Sage ERP Promotional Offer
    • Cost of a Bad Hire
    • The Power of Partnership
    • Lower Payroll Processing Costs
    • Sage Timberline Payroll Integration
    • Multi-Lingual Employee Self Service Tools
    • Social HR: How Social Collaboration can make Employees more Productive
    • Preparing for OFCCP Compliance
  •  
  •  
  • Company
    • Contact Us
    • What Makes Dresser Different?
    • Referral Rewards Program
    • Client Testimonials
    • Press Releases
    • Associations
    • Awards & Recognition
  •  
  •  
  • Blog
  •  
  •  
  • Customer Portal Login
  •  

BE THE FIRST TO KNOW SIGN UP FOR THE LATEST NEWS

Effective Design, Implementation & Support to meet your HRMS needs

  • HR Software
  • Demo Center
  • Support & Training
  • HRIS Selection Tools
  • Knowledge Center
  • Resources
  • News & Events
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Site Map
  • Legal
Sage Chairman's Club Sage Authorized Partner

Dresser & Associates is a leading provider of HR Software & Payroll Solutions to New England, the Mid Atlantic, South East and Gulf Coast.

243 U.S. Route 1, Scarborough, Maine 04074 | Toll Free: 866-885-7212 | mtaiosernd.oeer@sfsocicsas

Regional Offices: Maine | Pennsylvania | Georgia | Florida

© Copyright 2021 Dresser & Associates, Inc.