What is Goal Management in SAP LOD-SF-GM - SAP SF Goal Management?

SAP Term: Goal Management

• Component: LOD-SF-GM

• Component Name: SAP SF Goal Management

• Description: A system that helps users set up, track, distribute, and manage people's goals to align with company business goals.

Smart SAP Assistant

• Key Concepts: 
  Goal Management is a component of SAP SuccessFactors that enables organizations to set, track, and measure goals for employees. It allows managers to create goals for their teams and individuals, assign them to employees, and track progress towards those goals. It also provides visibility into the performance of employees and teams, enabling managers to make better decisions about how to allocate resources and develop their teams. 
  
  How to use it: 
  Goal Management can be used to create goals for employees and teams, assign them to individuals, and track progress towards those goals. It also provides visibility into the performance of employees and teams, enabling managers to make better decisions about how to allocate resources and develop their teams. Additionally, Goal Management can be used to set up performance reviews and provide feedback on employee performance. 
  
  Tips & Tricks: 
  When setting up goals in Goal Management, it is important to ensure that they are SMART (Specific, Measurable, Achievable, Relevant, and Time-bound). Additionally, it is important to ensure that goals are aligned with the overall objectives of the organization. Finally, it is important to provide regular feedback on employee performance in order to ensure that goals are being met. 
  
  Related Information: 
  Goal Management is part of the SAP SuccessFactors suite of products. It is closely related to Performance & Goals, which is another component of SAP SuccessFactors that enables organizations to manage employee performance reviews. Additionally, Goal Management can be integrated with other components of SAP SuccessFactors such as Learning & Development and Recruiting & Onboarding.