Goal form

  • Release version: Washingtondc
  • Updated February 1, 2024
  • 2 minutes to read
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    Summary of Goal Form in Strategic Portfolio Management

    The Goal form is designed for users to create and manage goals aligned with organizational strategic priorities. It is particularly beneficial for ESG Workspace and Strategic Planning users, who can customize their form views to include additional fields as needed.

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    Key Features

    • Name: Identifies the goal.
    • State: Tracks the goal's status (e.g., Draft, In Progress, Approved).
    • Category: Classifies the goal into predefined categories like Total Applications or Labor Cost.
    • Status: Indicates the current condition of the goal (Red, Yellow, Green).
    • Progress: Automatically calculates the completion percentage based on sub-goals and targets.
    • Description: Provides a brief overview of the goal.
    • Strategic Priority: Links the goal to its relevant strategic priority.
    • Parent Goal: Connects the goal to its overarching parent goal.
    • Impact on Parent Goal: Assigns a numerical value indicating the goal's significance relative to its siblings.
    • Assigned Entity: Specifies the entity (e.g., Business Unit) to which the goal is assigned, essential for visibility in portfolio plans.
    • Owner: Defaults to the user who created the goal.
    • Comments: Facilitates collaboration through detailed remarks.
    • Classification: Categorizes the goal within Environmental, Social, and Governance types (for ESG Workspace users).

    Key Outcomes

    By effectively utilizing the Goal form, customers can streamline their strategic planning processes, enhance collaboration, and ensure alignment of goals with organizational priorities. This structured approach allows for better tracking and management of goal progress, ultimately contributing to improved performance and accountability within the organization.

    Use the Goal form to create goals for your organizational strategic priorities.

    Note:
    For Operational Sustainability Workspace and Strategic Planning users, to view the other fields (that are not added to the default or your custom form view) on the form in the workspace, configure the default/custom form layout. For information on how to configure the form layout, see Configuring the form layout.
    Table 1. Goal form
    Field Description
    Name Name of the goal.
    State State of the goal. The state can be Draft, In progress, Approved, Complete, Pending, Achieved, or Not Achieved.
    Category Category of the goal. The available options are:
    • Total Applications
    • Total Cost
    • Opex
    • Capex
    • Cloud Applications
    • Homegrown Applications
    • Support Cost
    • Labor Cost
    • Standards Compliance
    • Strategic
    • Operational
    • Tactical
    Status Status of the goal. Status can be Red, Yellow, Green, or None.
    Progress Percentage complete for the goal. The progress value is calculated automatically if the goal has sub-goals or/and targets.

    For more information on how the progress value is calculated, see Progress value calculation.
    Description Brief description of the goal.
    Table 2. Parent information section of the Goal form
    Field Description
    Strategic priority Name of the strategic priority that this goal is created for.
    Parent goal Name of the parent goal that this goal contributes to.
    Impact on parent goal A numerical value that represents the importance of this goal relative to sibling goals or other goals under its parent goal. By default, the value is (1) Neutral.
    The available options are:
    • (0) No impact
    • (1) Neutral
    • (2) Moderate
    • (3) High
    • (4) Very high
    • (5) Maximum
    Note:
    This field is available only when the sn_gf.weighted_average_enabled system property is set to Yes.
    Table 3. Owners & Contributors section of the Goal form
    FIeld Description
    Assigned entity type Entity type to which the goal is assigned. For example, Business Unit, Department, Company, or Portfolio.
    Assigned entity Entity to which the goal is assigned. For example,if the portfolio plan is created with Business Units, HR and IT, populate the Assigned entity type as Business Unit and Assigned entity type as HR or IT.
    Note:
    Populating the Assigned entity type and Assigned entity fields are required to display the goals in the portfolio plan.
    Owner Owner of the goal. By default, the name of the user creating the goal is populated.
    Contributors Users who contribute to the achievement of the goal.
    Table 4. Duration section of the Goal form
    Field Description
    Start date Start date for the goal. By default, the start date of the current quarter is populated. For a sub-goal, start date of its parent goal is populated.
    End date End date for the goal. By default, the end date of the current quarter is populated. For a sub-goal, the end date of its parent goal is populated.
    Table 5. Other section of the Goal form
    Field Description
    Comments Detailed comments for the goal to facilitate collaboration.
    Team Assignment group responsible for different activities in achieving the goal.
    Classification Goal classification type. The available options are Environmental, Social, and Governance. This field is applicable only for the Operational Sustainability Workspace users.