aims and objectives

Measurable means that your achievement can be proved, for example if banking your savings means your bank statement will record and measure your achievement.

Achievable means that it must be achievable what means for example if your target is to walk 3 meters a day, that is achievable but if your target is to run 30 miles a day that is not achievable.

Realistic means the target is sensible so that you stand a chance of achieving it. For example you could not save £10 a week if you don't have a job that paid at least that amount

Time-related means that your objective should have a date for achievement or review. For example you can set a time limit to review your progress after one month.

A lot of business organisations have mission statement; it explains the main purpose of the business. It also explains the main aims of the business. The aims and objectives will be different depending on whether the business is in the private, public or in the voluntary sector. For example:

Sector

Business

Aim

Private sector

Tesco

To expand their profit and also retain to be the market leader.

Public sector

NHS

To provide an excellent health services in the UK and to treat everyone the same way.

Voluntary sector

Oxfam

To remove poverty throughout the world

And in order to achieve all that aim they have objectives. For example:

Sector

Business

Objectives

Private sector

Tesco

To open more branches and introduce new products and services.

Public sector

NHS

To employ more doctors and nurses in order to reduce waiting time for example by operations

Voluntary sector

Oxfam

Raising more donations and make the public aware of what they are doing

Task 2

In this task I should select two contrasting business organisations and one of them should be in the private sector and the other one in the public or voluntary sector and outline the similarities and difference between my chosen businesses and I should also investigate the mission and vision statement of my contrasting business organisation. I chose Morrison which is in the private sector and NHS (National Health Service) which is in the public sector.

Morrison

NHS

Is owned by shareholder

Is owned by the government

The finance comes from selling shares to general public

The finance comes from Taxations

The decision maker are the Border directors

The minister of health is making the decisions

Task 2 b

The mission statement from NHS is to provide patient care, education and research of the highest quality. In pursuit of this mission they are guided by the following values.

* They put patients first

* They involve, develop and support staff

* They promote innovation and improvement

* They pursue excellence in everything

* They respect others and treat everyone as equals

* They work in partnership to improve the health and well-being of the community, within a sustainable environment

* They are accountable for they use of public resources

(Reference: http://www.uhbristol.nhs.uk/who-we-are-and-what-we-do/what-we-do/mission-and-values.html)

Omobolanle Salami 23/04/2009

Assignment No. 03