target setting
[/ˈtɑːrɡɪt ˈsɛtɪŋ/]
nounpl: target settings
estabelecimento de metas
1. The process of defining specific, measurable objectives or goals that an individual, team, or organization aims to achieve within a set timeframe
Target setting is a crucial step in strategic planning for the company's annual growth.
O estabelecimento de metas é uma etapa crucial no planejamento estratégico do crescimento anual da empresa.
2. In business management, the practice of establishing quantifiable benchmarks and performance indicators to measure success
Effective target setting helps employees understand what is expected of them.
O estabelecimento eficaz de metas ajuda os funcionários a entender o que é esperado deles.
3. In project management, the act of defining specific endpoints or milestones that a project must achieve
Target setting for this project includes completing three phases by the end of Q3.
O estabelecimento de metas para este projeto inclui a conclusão de três fases até o final do Q3.
In Brazilian corporate culture, target setting is deeply integrated into performance management systems, influenced by Anglo-American business practices. Companies often conduct quarterly reviews based on established targets. The term 'metas' has become commonplace in Portuguese business vocabulary due to globalization and influence from multinational corporations. In the USA, target setting is fundamental to management by objectives (MBO) methodology and is essential in performance-driven work environments.
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