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Please answer the two questions that follow the article. Jeff Bezos announces th

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Question

Please answer the two questions that follow the article.

Jeff Bezos announces that Amazon is testing delivery by aerial drones. Elon Musk (see Chapter 2's Leader Making a Difference on page 53.) announces that Tesla Motors is investing $2 billion to build a factory that could produce 500,000 lithium-ion battery vehicle packs. On Fast Company's most current list of the world's Top 10 Most Innovative Companies in Design are companies doing incredibly unique and daring things. We say that goals should be realistic, but is there room - and should there be room-for those outlandish, challenging, off- the-wall, unrealistic goals? What role should stretch goals, which we're defining as seemingly impossible goals, play in an organization's planning approach? Although we're looking at this in a theme box called "Future Vision," the idea of stretch goals actually became popular when General Electric's then- CEO Jack Welch began promoting them back in the early 1990s. He used the story of bullet trains in Japan and how if the goals had been only moderate (reasonable) improvements in speed and operating efficiency, the bullet train concept would never have gotten off the ground. Instead, the designers were challenged to think beyond what was realistic. So, are stretch goals appropriate and will they be so in the future workplace? The lists below describe some benefits and challenges of stretch goals. Having goals is important to channeling work efforts in the appropriate direction. Considering the trade-offs here, maybe the right approach in your future workplace is to set the right goal(s) for each situation...whether stretch or realistic.

Explanation / Answer

1) Stretch goals have a feature that they cannot be achieved by making small improvemnets or small changes.These are very crucial as they require oneself to be stretch at length to acheive the tasks.These type of goals requires oneself o absorb himself or herself in the actual position