target agreement
target agreements are binding agreements between an employee and his superiors in the course of a previously defined time frame to reach work products or services. Target agreements are incentive systems for contract or regular use of an essential pillar of leadership and management system, management by objectives (MBO).
are Ideally, the targets agreed outcome of the goal-setting discussion found consensus, involving not only the contributions of the employee to the corporate goals and personal goals of the employee [...]
the whole article "Target Agreement: Definitions" read
Gunther Wolf, Wolf Management Advisory: Information on goal setting. 
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