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

SAP Term: informal goal

• Component: LOD-HCM

• Component Name: Human Capital Management onDemand

• Description: A goal that an employee sets for himself or herself. It is not part of the formal agreement and evaluation process involving the employee and the manager.

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• Key Concepts: 
  An informal goal in SAP LOD-HCM Human Capital Management onDemand is a goal that is not part of the formal performance management process. It is an individual goal that an employee sets for themselves to achieve. Informal goals are not tracked or monitored by the organization, but they can be used to help employees stay motivated and focused on their work. 
  
  How to use it: 
  Informal goals can be set by employees in SAP LOD-HCM Human Capital Management onDemand. To set an informal goal, the employee must first log into the system and navigate to the “Goals” tab. From there, they can select “Create New Goal” and enter the details of their informal goal. Once the goal is saved, it will appear in the employee’s list of goals. 
  
  Tips & Tricks: 
  When setting informal goals, it is important to make sure that they are realistic and achievable. It is also important to set a timeline for achieving the goal so that it can be tracked and monitored. Additionally, it is helpful to break down large goals into smaller, more manageable tasks so that progress can be measured more easily. 
  
  Related Information: 
  For more information about setting informal goals in SAP LOD-HCM Human Capital Management onDemand, please refer to the official documentation provided by SAP. Additionally, there are many online resources available that provide tips and advice on setting and achieving goals in the workplace.