Definition
An ambitious target unlikely to be achieved, set by managers who won't face consequences for the inevitable failure but will claim credit if it somehow succeeds.
Example Usage
Our stretch goal is to triple revenue with half the budget, which is less a goal than a mathematical impossibility.
Origin
Goal-setting and performance management terminology from the 1980s-90s
Fun Fact
Research shows stretch goals motivate high performers and demoralize everyone else, but companies set them indiscriminately anyway.
Source: Performance management and goal-setting terminology
Related Terms
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See “stretch goal” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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