how to create goal chart of bank
by Aboobacker Siddiq
How do I make a Goal Chart for my Bank
1. Having MD, GM, Manager and 15 staffs
2. Doing Banking process
3. Don't No exact Idea about the Target ? from where i have to fix the goal for Profitability to the Organization?
4. Having sources of Incomes like Profit sharing, Service charge, etc,.
5. Like to Develop the Organization in a profitable way
There really is more than one way to go about accomplishing this task. Depending on how involved you want your staff to be and how much work you want to put into your charts. I would of course get your staff involved as much as possible, because those who feel as if they are contributing to accomplish a goal tend to work harder toward that goal.
With that said I do believe simple graph charts will do the trick in any case. You can make it as simple as you like or as complex as you like. The first thing you need to do is determine where you are at and where you want to go.
1st option would be to do a graph based on each one of your staff members and managers. See where each one stands as far as what they are contributing to the bottom line and then determine a reasonable amount of growth you would like to see from each one. ( It is a good idea to share with them where you would like to see the company overall and let them tell you what they are committed to doing to help you reach your goal.) When people feel like they are involved and they are making some of the decisions they will work harder to meet the goal they set. For example you could tell your staff that you would like to see an overall increase in profit sharing of 5% and ask each employee to tell you what they believe they can contribute to that overall goal. Perhaps one will say they can increase there profit sharing by $200 dollars a month for the next 12 months. Another employee may say they can increase there overall profit sharing by $100 dollars a month for the next 12 months.
What you do after gathering this info is to put it in a graph chart so that at the end of each week your employees can mark off how close they are to their monthly goal. They will also see how close the other employees are to their goals. This will give both you and them a visual to the progress of the team.
2nd option Would be to see where you stand in each of your income sources and then determine where you feel each one can grow to and make a chart separating each one of the income sources. You can then get your employees involved in helping you to reach those goals.
I would recommend hanging the chart where everyone can see and then encourage each employee to help you complete the chart by filling it in as you get closer and closer to your overall goals.
At the top is a rough drawing of what your graph may look like. On the sides you will have the profit numbers starting at the bottom from where your profits are currently and then going up by equal amount along the sides. Each bar or graph will represent an income source. You simply fill in the graph as you move closer and closer to your goals. When that bar is filled in completly you know you have reached your goal for that income source.
I hope this helps. If you need more clarification please don't hesitate to say so. I will try to answer your questions the best I can.
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