When a goal's "stretch value" is reached, what does this indicate?

Reaching a goal's "stretch value" indicates that the maximum target for that goal has been achieved. The stretch value is typically set higher than the standard or expected outcome, representing an aspirational level of performance. When an individual or team meets or exceeds this stretch value, it signifies significant achievement, demonstrating that they have gone beyond what is considered the baseline performance.

This concept is crucial in performance management as it encourages individuals to exceed ordinary expectations and strive for higher accomplishments. Recognizing that the stretch value has been reached means that there is no further benchmark to surpass in that particular goal, indicating completion at an exceptional level.