How banks work


Setting Realistic Goals

When we make a sale, or take one step closerdown are not enough, and a sales team will
to meeting our goal, we are overcome with afall short of what their potential could
felling of achievement which motivates us tobe.Needless to say, my sales team never met
sell more.I'm sure that anybody who istheir daily, weekly, or monthly goals. We did
reading this article has been in thehowever, fight the good fight and manage to
situation where they may have been givenhold our own. But morale was never what it
unobtainable goals from one of their bosses,should have been.Every six months my team and
sales manager's, or some higher up somewhereI would attend the semiannual sales rally,
in the company.When goals are given that arewhere we would sit and watch as the other
unrealistic, the mission is doomed from thebranches so proudly accepted their awards for
beginning. It immediately gives a feeling ofmeeting their goals. It pained me to watch my
despair to the sales team, which can beteam walk away empty handed knowing that they
devastating to morale.The sales team will doworked so hard.My point is, when goals are
their duty and work as hard as they can tobeing set, they need to be realistic and
obtain the goals, but when they fall short,obtainable. The more you or your team reach
they will have feelings of failure, and willtheir goal the more motivated they will
be reluctant to move on.Simply stated,be.Once you are reaching your goal at a
unrealistic goals, take the fun out ofsteady pace, challenge yourself or your team,
selling.A personal story . . .During my yearsand raise the bar. Challenge them to reach
in the banking industry, I managed a saleshigher on a daily basisKeep in mind, when you
team in a small branch inside of a groceryraise the bar, keep this new goal realistic
store. This is what is known as In-storeas well, you don't want to become over
banking. It was estimated that seven thousandconfident and put your goals out of reach.One
people came through the grocery store wherelast thing . . .The goals that are being set,
my branch was located on a weekly basis.Withshould be put in place by a person or people
that statistic, my sales team was given awho know you, your staff, and your
goal of opening up six checking accounts perdemographics. Not by somebody in an ivory
day, among other things.This would be atower.If they are not being put into place by
monthly goal of one hundred and eightythe appropriate people, suggest this idea to
checking accounts per month. To me and mysomeone in your organization that you can
team, this was highly unrealistic.Then,trust.This article may be reproduced by
In-store banking was brand new to the bankinganyone at any time, as long as the authors
industry, and these goals were being handedname and reference links are kept in tact and
down by people who never once stepped foot inactive.Jay Conners has more than fifteen
an in-store branch.Please understand, I amyears of experience in the banking and
not bitter about this, I am just stating theMortgage Industry, He is the owner of a
facts, and believe this to be an on goingmortgage resource site, he is also the owner
problem with companies.This problem worksof a mortgage lead company.
both ways. Sometimes the goals being handed



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