Requirement for top-down rather than bottom-up objective
Explain the requirement for top-down rather than bottom-up objective setting.
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The requirement for top-down rather than bottom-up objective setting: Top-down process of setting objectives make sure that the strategic and financial performance targets established for business units, functional divisions, departments, and operating units are straight linked to the achievement of the companywide objectives. This combination of objectives has two powerful benefits: - (1) it helps to generate cohesion among the objectives and the strategies of different parts of the organization (2) it help to unify internal efforts to move the company along the selected strategic pathway for Bottom-up objective setting, with small or no direction from above, nearly always signals a nonattendance of strategic management on the part of senior executives.
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