Create new target form
Summarize
Summary of Create new target form
The Create new target form in ServiceNow Yokohama release enables you to establish quantitative or qualitative targets aligned with your goals. This form helps you track progress, status, and impact of each target to drive goal achievement effectively.
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Key Features
- Target Details: Define the target’s name, associated goal, description, and state (e.g., Draft, In Progress, Approved, Complete, Pending, Achieved, Not Achieved).
- Progress Tracking: Progress percentage is automatically calculated based on whether the target is set to maximize or minimize values using specific formulas.
- Status Indicators: Use color-coded status (Green, Yellow, Red) to indicate if the target is on track, needs improvement, or requires immediate attention.
- Impact on Goal: Assign a numerical value from 0 (No impact) to 5 (Maximum impact) to represent the target’s importance to the parent goal. This requires the system property sngf.weightedaverageenabled to be enabled.
- Ownership and Contributors: Specify target owner and contributors responsible for achieving the target.
Duration Section
- Start and End Dates: Default to the current quarter’s start and end dates, but can be customized to define the target timeframe.
Metrics Section
- Unit of Measure: Select from predefined measure types stored in the Units [sngfunits] table.
- Base, Actual, and Target Values: Define baseline, current actual, and target goal values. Actual and target values are applicable when the target type is Maximize or Minimize.
- Type: Choose Maximize (progress toward a higher target) or Minimize (progress toward a lower target), ensuring base and target values align logically.
- Review Frequency and Date: Set how often the target’s actual value should be updated (daily to yearly) and specify the review date.
- Remark: Provide business justification remarks when updating the target.
Practical Benefits for ServiceNow Customers
Using the Create new target form, you can precisely define and monitor performance targets within your goals, enabling better alignment, accountability, and timely interventions. The automated progress calculations and status indicators facilitate proactive management, while impact weighting allows prioritization of critical targets. This ensures your teams focus on the most important outcomes and maintain consistent tracking through defined review schedules.
Use the Create new target form to create a quantitative or qualitative target for your goal.
| Field | Description |
|---|---|
| Name | Name of the target. |
| Goal | Goal that this target tracks. |
| Description | Description of the target. |
| State | The state of the target. The available options are:
|
| Progress | Percentage of target that is complete. This value is calculated automatically. If the Type field is set to Maximize, then the progress value is calculated using the following formula.
|
| Status |
Status to indicate the target progress. The available options are:
|
| Impact on goal |
A numerical value that represents the importance of this target to its parent goal. By default, the value is (1) Neutral. The available options are:
Note: This field is available only when the sn_gf.weighted_average_enabled system property is set to Yes. |
| Owner | Owner of the target. |
| Contributors | Users who contribute to achieving the target. |
| Field | Description |
|---|---|
| Start date | Start date for the target. By default, the start date of the current quarter is populated. |
| End date | End date for the target. By default, the end date of the current quarter is populated. |
| Field | Description |
|---|---|
| Unit of measure | Measure type for the specified value. The available measure types are stored in the Units [sn_gf_units] table. |
| Base value | Base value of the target. The base value can also be considered as the present or current value. |
| Actual value | Actual value of the target at a given time. This field is available only when the Type field is set to Maximize or Minimize. |
| Type | Target type that shows the direction of achievement. The available options are:
|
| Target value | Target value of the target. This value is the goal that your team wants to reach. This field is available only when the Type field is set to Maximize or Minimize. |
| Review frequency | Option to specify how frequently should the owner or contributor be updating the actual value of the target. The available options are:
|
| Remark | Remark entered for business justification when updating the target. |
| Review date | The date on which the target is to be reviewed. |