A long-term, ultimate measure of success or strategic effectiveness. A tactical or short-term quality or efficiency indicator for a business process. A particular value or characteristic used to measure output or outcome. By law agencies must have strategic plans, business plans, and performance plans. They may also have implementation plans, program plans, project plans, management plans, office plans, personnel plans, operational plans, etc.
Profit is the overarching mission of private-sector companies.
Therefore, there is a basic distinction in measures of strategic success between profit and nonproft organizations. In modern practice, this terminology has been applied to a quality improvement methodology for industry. Hypotheses that propose the direction a company or agency should go to fulfil its vision and maximize the possibility of its future success. The goal may be of a programmatic, policy, or management nature, and is expressed in a manner which allows a future assessment to be made of whether the goal was or is being achieved. The quantifiable aims of strategic activities, including outcome goals and output goals.