How different are short and long term goals for HR
Posted on Mar 17, 2022 at 03:03 PM
Short and long-term goals are essential to chart a clear course for your work and give you the ability to reach the destination as an HR officer in the organisation.
When goals are not clear and identified by an organisation's strategy, employees don't get motivated to exert efforts.
HR strategy, considered one of the essential HR skills, is a specific plan type that HR officers place to meet the organisation's goals. As an HR officer, you should set two goals; long and short-term.
Short-term HR goals:
Short-term goals always keep HR departments updated with all current HR responsibilities while solving the HR problems. Prompt intervention is required to reduce potential complications that immediate problems might cause.
Long-term HR goals:
No matter the chances of potential HR problems, it is good to have a long term strategy to handle any potential problem. Long term goals call for preparation for potential problems which may or may not happen. Time-frame of HR goals are usually set out for several months or even several years.
Why goals are divided into short and long terms:
Instead, you might set general goals to handle the different problems to develop a human resources strategy. However, categorising problems into short and long terms significantly impacts prioritising what problems to handle first and what others can be delayed.
When you place strategies to set out long-term and short-term goals, you can figure out how things work better, develop better plans to handle, set priorities, maintain HR departments' organisational, and be assured of the ability to achieve the organisation's vision generally speaking.
How to take advantage of the short term goals planning:
Short-term goals are set out by identifying the most prominent features of the organisation, such as key skills for success at work, so managers place strategies on how to improve these features for the short term to achieve long-term goals, for instance, problems related to organisations equipment or employee content quality.
Short term planning is a significant factor to reach success with concepts that include:
- Cash flow
- Income
- Savings of capital
- Investments of stock
- Organisation
- Communication
- Ability to network
- Attention to detail
- Daily routines
How to take advantage of long term goals planning:
Long term goals planning sets out a transparent scenario of successful business within a sustained period. Long term goals planning is unlikely to change because it hits the main goal and the specific vision of the organisation.
In the pursuit of success, long term goals can affect the following concepts:
- Sales
- Identifying the brand of the organisation.
- Public reputation
- Number of staff members
- Social and digital media presence
- Trade Marketing
- Production process
Differences between long and short term goals planning:
Short term goals planning evaluates the progress and sets out a plan to level up the daily performance. At the same time, long term goals planning is a comprehensive framework of current goals to be met within 4 to 5 years.
Two main distinctions between short and long term goals:
Planning:
Short and long term goals planning should be linked to each other. In addition, daily adjustments should be made to ensure getting things done efficiently step by step to meet your goals. Accordingly, the scope of short term goals planning might change, while long term goals planning, which is set out constantly for some time, cannot.
Implementation:
Implementation of short term goals relies on the current procedures, which may identify if projects are carried out correctly. For instance, if a long term goal entails hiring 50 employees during the next 5 years, short term goals might entail hiring 10 employees every year.
In sum,
To guarantee success, meet long and short term goals and achieve the vision and objectives, goals planning should include five main elements known as SMART criteria and get your skills improved in planning long and short HR goals; human resources training courses in Istanbul can be a big help.
