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"We're just telling them we won't raise our annual objectives this year".
Setting annual objectives for return on investment and appraising employee performance are of course two common practices in U.S. industry.
Measurable annual objectives and outcomes for the grant, in accordance with the metrics described in subsection (h), for each year of the grant.
In the case of a board, what should be appraised is its ability first to define its responsibilities and establish annual objectives in the context of those general responsibilities, and then its record in achieving those objectives.
It should include an analysis of how the board spent its time in meetings, breaking down the year's activities and accomplishments according to how they contributed to each area specifically set out for evaluation in the annual objectives.
On the back of our Living our Values sustainability report we have built a comprehensive sustainability vision and strategy that sets annual objectives and targets which directors are responsible for, which ensures that our values are considered in all that we do.
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Return on investment is usually the primary annual objective for profit center managers.
A BBC Trust spokesman said that the BBC has a specific annual objective on diversity, and the trust measures progress on this.
When the Elementary and Secondary Education Act was passed in 1965, Senator Kennedy insisted that school districts receiving federal education funds submit annual objective evaluations of their programs to the Office of Education.
The $45.5 billion investment portfolio earned 1.16percentt after fees for the fiscal year that ended June 30, well below the fund's annual objective of 7.55percentt, according to a news release from the State Retirement and Pension System.
Acosta blamed the controversy on the board majority's refusal to set up a procedure for an annual "objective evaluation" of the superintendent's performance.
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