[solved] A set of "stretch" financial and strategic objectives
helps top executives determine how close the company is to true maximization of both revenues and profits.
helps lower-level managers and employees gain a clearer understanding of the company's strategic vision, strategic intent, and strategy.
helps a company avoid ho-hum results.
is one of the best managerial tools for motivating company personnel to execute the strategy with greater proficiency and at lower overall cost.
helps convert a company's strategic intent into meaningful performance targets