SMART Goals for Performance Management

This tool will be used for practicing creating SMART Goals during the training session. You will start by putting in your draft goal for each of the five areas of financial health, operations, capital access, social impact, and strategic planning – the five key areas discussed during the two-day training. After you draft your goal, please go through each of the sub questions of defining a SMART goal. Answering these questions will help you improve your draft goal into an actionable SMART goal that should be inserted in the final goal box. As a follow on to your strategic planning process, a business plan with action items will be key to reaching these strategic goals.

File Description:

The file contains a Microsoft Excel (version 4.0 and above) spreadsheet template.

Download:

SMART-Goals-Performance-Management-Tool-1.xlsx (25 downloads)

 

Special Features:

  • This tab can be used as a template for your bank’s strategic planning session to set SMART Goals aligned with the specific strategic priorities you have identified.
  • You will start by putting in your draft goals. We have included the five areas covered during the training session (financial health, operations, capital, social impact, and strategic planning); however, these categories should be updated based on the specific strategy and related goals of your institution. After you draft your initial goals, you can utilize the sub questions of defining a SMART goal to help you improve your draft goal into an actionable SMART goal that should be inserted in the final goal box. As a follow on to your strategic planning process, a business plan with action items will be key to reaching these strategic goals.