What is individual goal in SAP LOD-HCM - Human Capital Management onDemand?

SAP Term: individual goal

• Component: LOD-HCM

• Component Name: Human Capital Management onDemand

• Description: A goal that is part of the formal agreement and evaluation process involving the employee and the manager. It is set either by the employee or the manager, and agreed between them. In contrast to a shared goal, an individual goal is not shared between two or more employees.

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• Key Concepts: 
  Individual goals are objectives that are set for each employee in the SAP LOD-HCM Human Capital Management onDemand system. These goals are tailored to the individual employee and are used to measure their performance and progress. 
  
  How to use it: 
  Individual goals can be set by managers or supervisors in the SAP LOD-HCM Human Capital Management onDemand system. These goals should be specific, measurable, achievable, relevant, and time-bound (SMART). Once the goals have been set, employees can track their progress towards achieving them. 
  
  Tips & Tricks: 
  When setting individual goals, it is important to ensure that they are realistic and achievable. It is also important to provide employees with the resources and support they need to achieve their goals. 
  
  Related Information: 
  Individual goals are part of a larger performance management system in SAP LOD-HCM Human Capital Management onDemand. This system also includes performance reviews, feedback, and rewards for employees who meet their goals.