Morgan Stanley Capital Group Limited

Morgan stanley | Morgan Stanley Capital Group Limited


Warning: file(http://www.searchfeed.com/rd/feed/TextFeed.jsp?trackID=I3878618771&excID=&pID=26957&cat=Morgan+stanley&nl=25&page=1&ip=) [function.file]: failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found in /home/online1/public_html/morgan-stanley/champ/searchfeed.php on line 15

Advertise on this page

Morgan stanley at Amazon.com


Warning: file(http://webcbts.com/bib/buyitbomb_zon.cgi?keywords=Morgan+stanley&search_type=keyword&mode=books&template=rss_custom.template&format=rss&page=1&results=10&start=1&s=1) [function.file]: failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found in /home/online1/public_html/morgan-stanley/champ/rss.php on line 4

Warning: implode() [function.implode]: Invalid arguments passed in /home/online1/public_html/morgan-stanley/champ/rss.php on line 4
 

 

 

 

 

Setting Realistic Goals

Setting Realistic Goals


by: Jay Conners

When we make a sale, or take one step closer to meeting our goal, we are overcome with a felling of achievement which motivates us to sell more.

Im sure that anybody who is reading this article has been in the situation where they may have been given unobtainable goals from one of their bosses, sales managers, or some higher up somewhere in the company.

When goals are given that are unrealistic, the mission is doomed from the beginning. It immediately gives a feeling of despair to the sales team, which can be devastating to morale.

The sales team will do their duty and work as hard as they can to obtain the goals, but when they fall short, they will have feelings of failure, and will be reluctant to move on.

Simply stated, unrealistic goals, take the fun out of selling.

A personal story . . .

During my years in the banking industry, I managed a sales team in a small branch inside of a grocery store. This is what is known as In-store banking. It was estimated that seven thousand people came through the grocery store where my branch was located on a weekly basis.

With that statistic, my sales team was given a goal of opening up six checking accounts per day, among other things.

This would be a monthly goal of one hundred and eighty checking accounts per month. To me and my team, this was highly unrealistic.

Then, In-store banking was brand new to the banking industry, and these goals were being handed down by people who never once stepped foot in an in-store branch.

Please understand, I am not bitter about this, I am just stating the facts, and believe this to be an on going problem with companies.

This problem works both ways. Sometimes the goals being handed down are not enough, and a sales team will fall short of what their potential could be.

Needless to say, my sales team never met their daily, weekly, or monthly goals. We did however, fight the good fight and manage to hold our own. But morale was never what it should have been.

Every six months my team and I would attend the semiannual sales rally, where we would sit and watch as the other branches so proudly accepted their awards for meeting their goals. It pained me to watch my team walk away empty handed knowing that they worked so hard.

My point is, when goals are being set, they need to be realistic and obtainable. The more you or your team reach their goal the more motivated they will be. Once you are reaching your goal at a steady pace, challenge yourself or your team, and raise the bar. Challenge them to reach higher on a daily basis

Keep in mind, when you raise the bar, keep this new goal realistic as well, you dont want to become over confident and put your goals out of reach.

One last thing . . .

The goals that are being set, should be put in place by a person or people who know you, your staff, and your demographics. Not by somebody in an ivory tower.

If they are not being put into place by the appropriate people, suggest this idea to someone in your organization that you can trust.

This article may be reproduced by anyone at any time, as long as the authors name and reference links are kept in tact and active.

About The Author

Jay Conners has more than fifteen years of experience in the banking and Mortgage Industry, He is the owner of http://www.jconners.com, a mortgage resource site, he is also the owner of http://www.callprospect.com, a mortgage lead company.

 
Morgan Stanley

Morgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions ...

 
Morgan Stanley - Wikipedia, the free encyclopedia

Stock analysis for Morgan Stanley (MS:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile.

 
MS:New York Stock Quote - Morgan Stanley - Bloomberg

Feb. 10 (Bloomberg) -- Emerging-market stocks are “overbought” as investors pour money into developing-nation equity funds, prompting Morgan Stanley to ...

 
Morgan Stanley Cuts ‘Overbought’ Emerging Stocks After Rally ...

Access your Morgan Stanley Smith Barney accounts to simply and securely manage them online. Portfolio of your accounts and holdings. eDelivery of account ...

 
ClientServ Login Page - Morgan Stanley's Online Services

View the basic MS stock chart on Yahoo! Finance. Change the date range, chart type and compare Morgan Stanley Common Stock against other companies.