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

SAP Term: goal setting

• Component: LOD-SF-GM

• Component Name: SAP SF Goal Management

• Description: The process of creating goals for either yourself or another employee.

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• Key Concepts: 
  Goal setting in SAP SF Goal Management is a process of setting objectives and targets for employees to achieve. It is used to align individual goals with organizational objectives and to measure performance. Goals can be set at the individual, team, or organizational level. 
  
  How to use it: 
  In SAP SF Goal Management, goals can be set by managers or HR personnel. Goals can be set for a specific period of time, such as a quarter or year. Goals can also be set for specific tasks or projects. Once goals are set, they can be monitored and tracked to ensure that they are being met. 
  
  Tips & Tricks: 
  When setting goals in SAP SF Goal Management, it is important to ensure that the goals are realistic and achievable. It is also important to ensure that the goals are aligned with the organization’s overall objectives. Additionally, it is important to provide feedback and support to employees in order to help them reach their goals. 
  
  Related Information: 
  SAP SF Goal Management is part of the SAP SuccessFactors suite of products. It is used to manage employee performance and development, as well as align individual goals with organizational objectives. Other features of SAP SuccessFactors include performance management, learning management, and compensation management.