After reading Learning Targets by Moss and Brookhart (ASCD, 2012), this graphic represents my current understanding. We take a standard and break it up into smaller learning objectives. Then we distill the learning objective into a kid-friendly phrase, visual, or action. This is what we would share with our students in our day-to-day instruction. Not the learning objective. Not the standard. The learning target– what students should be aiming for in their performance of understanding. (I offered two learning targets for each objective only as an example.)
Let me know if I am way off base on this.