Setting Performance Objectives

You can set performance objectives on the Objectives Input page. Organization and officer performance are measured against these performance objectives later.

After 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.

Select Setup > Objectives Input from the menu.
Specify the type of object that you are creating.
- Organization/Branch
- Officer
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.
Select Add to show 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, then you can select Add multiple times.
Select a measurement from the Profit Measure drop-down list.
- 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. For an officer, the performance calculations are performed for all the instruments assigned to the officer, regardless of the organization.
Specify the month and year in which the objective must be achieved for the Time Frame.
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.
Enter the profit goal set for the organization or officer for the Objective for the specified profit measurement and time frame.
Repeat this process if you are setting up several objectives.
Objective combinations for an organization or officer must be unique.
Select Save.
The rows in the grid are 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.