These must fit in with your manager's and the organization's goals. Goals give people a sense of direction but it is important that they are established with the participation of those responsible for meeting them. Goals should be attainable, measurable and challenging. State how much, the required quality standard, the deadline, the budget and the justification or reason why they need to be achieved. Give team members the authority to get the job done.
Check progress periodically and make adjustments when necessary.
If goals are not reached, determine why and feed this information into future goals. Involve your staff in the planning process. Get their co-operation and their ideas. Weigh up the pros and cons and decide the final route that you want to take. The final plan has to be financially viable, not too risky, acceptable to your manager, your staff and yourself.