Objectives

How to determine objectives in 3 easy steps

This post describes how to determine objectives for developing abilities for a given purpose.

Seven sorts of knowledge constitute the foundation of abilities. Abilities usually do not come naturally but need to be developed. This post explains how to determine objectives for developing abilities.

Steps to determine objectives

Suppose that you have identified an ability that you deem relevant for a given purpose. How can you determine an objective to develop this ability? You can do this in three steps.

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Significance

Define what the ability means for your purpose.

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Direction

Define a course of action for developing the ability.

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Priority

Define the importance and urgency of developing the ability.

Significance

You can perform a VRIO analysis to determine the significance of a given ability. This allows you to find out four relevant properties. These properties are:

Valuable

Valuable

Able to exploit opportunities and defend against threats (yes/no).

Rare

Rare

Scarce and difficult to acquire in the market (yes/no).

Inimitable

Inimitable

Hard to copy or substitute (yes/no).

Organized

Organized

Set up to capitalize on resources (yes/no).

Direction

Determine a course of action for developing a given ability as follows:

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Possess

If it is valuable but not present (in your organization).

Refine

Refine

If it is present and valuable, but not rare.

Integrate

Integrate

If it is present, valuable, and rare, but not inimitable.

How to determine objectives in 3 easy steps 1

Support

If it is present, valuable, rare, and inimitable, but not organized.

How to determine objectives in 3 easy steps 2

Maintain

If it is present, valuable, rare, inimitable, and organized.

How to determine objectives in 3 easy steps 3

Abandon

If it is present but not valuable anymore.

Priority

Determine a priority for developing a given ability as follows:

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Do

If its development is urgent and requires your personal attention.

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Plan

If its development is less urgent but requires your personal attention.

send

Delegate

If its development is urgent but does not require your personal attention.

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Eliminate

If its development is less urgent and does not require your personal attention.