Setting Performance Objectives

Use Setup > Objectives Input to set performance objectives. Organization and officer performance are measured against these performance objectives later.

Once objectives are set and monthly data is processed, you can generate a Performance vs. Objective standard report to show the performance against the established objective.
  1. Navigate to Setup > Objectives Input.
  2. Specify the type of object that you are creating.
    • Organization/Branch
    • Officer

    Objectives Input page with options Organization/Branch or Officer.

  3. Select the organization or officer who the objective is measured for.
    The institution's organizations or officers are listed regardless of which organizations and officers are assigned to who is setting up the performance objectives.
    After you select an organization or officer, Add. appears.
  4. Select Add. to display the fields used to define an objective.

    If you want to set up several profit measures or time frames for the current organization or officer's objectives, you can select Add. multiple times.


    Objectives Input table with Profit Measure, Time Frame, and Objective fields to add performance objectives.

  5. From the Profit Measure drop-down list, choose a measurement.
    • Gross Profit
    • Contribution
    • Profit
    • Value Added
    • Return on Assets (ROA)
    • Return on Equity (ROE)
    For an organization, the selected profit measurement is calculated for the instruments assigned to that organization, regardless of the officers involved. Alternatively, for an officer, the performance calculations are performed for all the instruments assigned to the officer, regardless of the organization.
  6. For Time Frame, specify the month and year in which the objective must be achieved.
    The time frames available for selection include the months that have been loaded into the application (historical time frames) and the next 18 months of future time frames (based on the most current historical month). Depending on the number of months loaded into the application, there could be fewer than 12 months listed for some years.
  7. For Objective, enter the profit goal set for the organization or officer for the specified profit measurement and time frame.
  8. Repeat this process if several objectives are being set.
    Objective combinations for an organization or officer must be unique.
  9. Select Save.
    The rows in the grid are automatically sorted in descending Time Frame order.
When you must modify an objective to reflect the most recent or most accurate goals, you can enter new values in the grid and save your changes. To add objectives for another organization or officer, you can make a different selection at the top of the screen and follow the same process.
Parent topic: Setup