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Analysis of Scientific Approaches to the Defining the Essence of Goal Setting and its Role in Management Process

Author: Olga K. Slinkova and Roman A. Skachkov

Abstract: Having analyzed scientific approaches to defining the concept “objective” the authors formulated their own treatment of the term under consideration. In the paper the authors look at the functions of objectives and systematize approaches to their classification. In addition, the article examines scientific approaches to the understanding of goal setting and presents the authorial treatment of it as well. Needs, interests and strategic intentions are identified as sources of objectives; criteria of efficient goal setting are listed.

Keywords: objective; goal setting; strategic objectives; strategic intentions; criteria for objectives.