A myriad of smaller segments of work will need to be completed such as making phone-calls to building inspectors or realtors, scheduling meetings with investors, ordering building supplies and furniture to the new locations, etc. These more straightforward items are referred to as "Tasks".
Finally, a goal of this size would obviously require some major capital. Therefore, the money in which this company is able to raise beforehand may be considered a KPI. Another KPI could also be the amount of time it takes to complete the objective of developing in new locations.
Some objectives will be harder or easier to achieve than others, and that will usually depend on the amount and level of difficulty of it's KRs as well as the goal it's self.
Clear objectives allow teams and departments to have a better understanding of how they're impacting the company. Having clear objectives also gives the company a better understanding of how departments and teams are impacting the overall goal as well.
Bottom line, objectives need to be clear, measurable, medium to long term, easily understood and something that everyone is able to rally behind, follow along!
Our objectives application makes it easier to set, measure, visualize, and achieve any objectives you might think of!