3 tips to help bank employees achieve goals

Goal setting. It’s something we all do, but the uncomfortable truth is we don’t often reach goals we set. And that goes for goals we set for others too. As a banking leader, you could be tasked with setting goals for your employees. But have no fear. With the right coaching and guidance, you can help your team reach their highest goals.

Keep these three tips top of mind when coaching bank employees. 

1. Start at the end

Communicate your end goal from the start. This includes identifying:

• What do you want to achieve?
• How long should it take?
• How will you define and measure success?
• What’s the reward when the goal is reached?

2. Emphasize the big picture

When effective leaders communicate the “why” behind a goal, it could make a big impact not just on employees, but the organization. That’s because people are motivated by a larger cause and purpose.

Explain:

• the way the goal personally impacts employees.
• how a goal lines up with the employee’s career path.
• how goals support the company.
• how everyone will benefit after achieving the goal.

3. Speak often

Communicate to your team immediately if a goal needs to be adjusted and why. Plus, make it clear that employees should inform you if something hinders their progress. Meet with the team regularly — you don’t want to be surprised by a problem because of a lack of communication. 

Bottom line

When you encourage bank employees to go for their goals, plus offer training, motivation and support, your team will be set up to succeed and your business will be positioned for growth. 

Paul Haydel, Strategic Alliances Manager, Business Development
[email protected]