How can you set objectives with your staff members if you haven't even had PDR with your own supervisor?

I should know my objectives then seggregate those objectives on the team based on their competencies and job titles

I would align my Staff members objectives as per their job profile in line with the company policy & strategy 

It all starts with the company strategy; The managers should know how to set a goal and idealy have rhythmitic evaluations taken place, in order to react flexibly to changes and actually identify any possible past problem. Flexibility is important.

This is how we'd set verifiable goals for the future and know how to share the objectives on the team based on their job titltes and capabilities in align with company policies. 

First of all divide the objectives to the staffs according to their ability and make it as a team work. After completing the team objective make understand the staff about their up's and down's in a comfortable manner. So that they can try to improve their performance in the coming objectives  

I must know my objectives first, then explain to entire team and assign them based on their skills, knowledge and job responsibilities. Guide/coach them through out the period, implement Balance-Score-Card and monitor progress and appreciate them accordingly.

Goals that are stretch­ing and chal­leng­ing are great but warn employ­ees of the dan­gers of set­ting goals that are com­plete­ly unre­al­is­tic giv­en the time and resources avail­able. If you have any employ­ees who have issues with per­fec­tion­ism, this is cer­tain­ly some­thing to be cau­tious of. Over time, your employ­ees will get a mea­sure of their own lim­its and their rate of progress, but in the mean­time, man­agers have to step in to ensure employ­ees aren’t over­tax­ing them­selves. This will only lead to objec­tives not being met, dis­ap­point­ment and frus­tra­tion for every­one involved.

I shall take simultaneous steps reciprocal consultation  with chairman & stuff

first of all i should set goals that align with company objectives and then emphasize attainable goals .