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KB 006
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Category: Help
Title: GoalTrak EV Glossary
Summary: The glossary help file for GoalTrak™ EV
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Product: GoalTrak™ EV
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Version: 3.0.2.219
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Description:
GoalTrak EV - Glossary
Action Step - In goal setting, a small, 100% controllable task or activity |
Actual Starting Point - A beginning point for the measurable outcome of a goal |
Affirmations - Positive, first person, present tense statements, that represents a desired future condition |
Annotations - Comments made by a goal owner or viewer, that reside within a goal structure and that become part of the goal's permanent data record |
Appraisal Period - A predetermined, finite period within an Appraisal Year that allows for timely communication between manager and worker on actual performance against expectation |
Appraisal Year - A delimited period of time during which performance appraisals are conducted and within which Appraisal Periods are created |
Below Expectations - A performance measurement that indicates less than optimum performance |
Child Goal - A goal that is tied directly to a higher level goal in the organization, the results of which are generally rolled up into at least one of the Parent goal's Measurable criteria. Sometimes called Sub-goal. |
Commitments - The set of outcomes for a criterion which a Goal Owner has agreed to achieve |
Criteria - The yardsticks that you create by which you will measure the progress toward your goal. There are four types of criteria:
- Cumulative - results from each measurement period are added together, accumulating toward your goal
- Rate - the average of the results from all measurement periods is recorded and compared to your target
- Ratio - results for a numerator and denominator from each measurement period are summed respectively, and the ratio of the two sums is recorded and compared to your target
- Percentage - results are reported as a percent rather than a decimal equivalent
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Criterion Indicator - A square, or portion of a square that has red, yellow or green images that indicates the performance of a criterion to date compared to the overall target of the criterion at the end date |
Crystallization - The intital step of getting a goal setter's thoughts about what they want to achieve out of their head and on to paper, or into a computer |
Dashboard - A collection of graphical data representing actual performance vs target |
Deactivate a Goal - The act of removing a goal from GoalTrak's active, tracking status |
Exceeds Expectations - A performance measurement that indicates better than minimum performance |
Expectations - The minimum, agreed-to target of measurable performance |
Export - Create a .csv file of GoalTrak data to send to a third party application |
Goal - A target or objective to which a goal setter commits their efforts toward achieving |
Goal Archivist - The individual in an organization authorized to decide when a goal should be removed from the GoalTrak system |
Goal Statement - A paragraph or set of phrases that describes exactly what you want to accomplish and meets these five criteria: specific, measurable, tangible, realistic and controllable |
GoalMail - The internal GoalTrak communication system |
Graph - The visual representation of data generated by GoalTrak, usually, actual performance vs goal target criteria |
Human Resources Director - Individual that has responsibility for the people focused functions for an organization |
Job Description - A written explanation of a position's performance requirements and responsibilities |
Key Result Area - Areas within an organization or your life to which significant resources are allocated |
Measurable Criteria - The yardsticks that you create by which you will measure your progress toward the goal |
Mission - The philosophical and values based statement of an organization's purpose. Usually includes a commitment to customers and employees and clarity of deliverable product or service |
Obstacles/Challenges - Road blocks that must be overcome to achieve a goal |
Organization Leader - Usually the CEO or President |
Overall Target - An end point measurable outcome of a goal |
Parent Goal - An organizational goal that has Child Goals and that generally is dependent on the results of those Child Goals for achievement of at least one of its Measurable criteria. |
Performance Criterion - A criterion of a goal which is used by the Appraisal module to rate the goal owner's performance |
Period Indicator - A circular, red, yellow or green image that appears when viewing results and indicates the performance of a criterion for a particular measurement period |
Primary Criterion - The driving force phrase or sentence of a Goal Statement that is the bottom line essence of a goal |
Primary Target - The overall target of the Primary Criterion |
Resource Links - Resource Links are links that you create in specific places in GoalTrak EV that take the user to web sites and web pages both outside and within your organization. |
Resources - Those people, groups, equipment, tools and capital that are either available or needed to accomplish a goal |
Revise a Goal - The act of modifying a goal in GoalTrak that has already been published and is actively being tracked |
Road Blocks - Obstacles and challenges that must be overcome to achieve a goal |
Rollup Criterion - A measurable criterion in a Goal that either supports a Parent Criterion, is a Parent Criterion or both. |
Sibling Goals - Goals that have the same Parent Goal |
Significantly Exceeds Expectations - A measure of performance that manager and employee agree is much greater than the minimum expectation, and above "exceeding expectation" |
Solution - The method or means by which Road Blocks will be overcome |
Stasis Goal - A Goal, belonging to a user who has been removed from the system, that has not been re-assigned to another user or deactivated |
Strategic Category - A Guiding principle that organizations may use to determine its nature and direction |
Strategy - A state or condition that an organization commits to implementing in support of its Vision |
Strategy Statements - The clearly articulated description of a Strategic commitment |
System Administrator - The individual in an organization responsible for maintaining GoalTrak |
System of Goals - A cascading method of organizational goal setting that begins with top level goals and flows to and from individual performance goals, including Divisional, Departmental and Workgroup goals. Here is a conceptual overview.
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Target - A measurable objective within a goal that makes it possible for goal setters to know how they are doing with respect to their actual performance |
Target Tolerance - An allowance of plus or minus some realistic percentage of a performance target |
Tracking - The goal setting step that identifies the measurable criteria by which you will track your progress |
Unable to Meet Expectations - A measure of performance that manager and goal setter agree is significantly less than minimum expectation and less than "below expectation" |
User - An organization employee who is using GoalTrak |
Vision - A clearly articulated picture of an organization's future to which everyone is committed |
Workgroup - A collection of people within an organization that are usually focused on one discipline or function |
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Related Topics:
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Author: Quantum Voyage
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Published: July 28, 2009
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Revised:
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Copyright© 1993-2010 Achievement Alliance Corporation
Copyright© 2007-2010 Quantum Voyage |
Quantum Voyage
2571 Whiteway Court
Aurora, IL 60504
Phone: 630-236-5332 Steve
Phone: 215-997-5954 Rich
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