Growing Consumer Lending

How to capitalize on the consumer lending market

| Category: Banking.

According to Pablo Sanchez, the regional head of retail banking and wealth management at HSBC, the unsecured personal loan market in the U.S. is increasing by 20% each year. There are millions of consumers who need loans for a variety of reasons including expenses, home improvement, and debt consolidation. By the end of 2020, unsecured… Read more

how-to-set-smart-employee-goals-with-5-examples

How to set SMART employee goals with 5 examples

| Category: Performance Management.

Setting goals is an important practice in any organization. It’s an essential part of the performance management process and is used to achieve business objectives. It helps boost performance, for when you have something to aim for, it helps you prioritize and focus. A goal must answer the who, what, when, where, why, and how… Read more

Improving Transaction Processing & Support

Improving Transaction Processing & Support

| Category: Banking.

In order for banks and financial institutions to improve their organizations as a whole, they need to focus on improving their transaction processing and support. Transaction processing is a type of computer processing that indicates the bank needs to immediately respond to a customer’s request. Each request is considered a transaction. A good example of… Read more

How do I create Key Results?

| Category: Planning.

Key results are the actionable steps needed to achieve the results that you’d like to see completed in the process of reaching your objective. Key results should be able to be measured or tracked in order to determine progress made towards your objective. In Profit, you’ll find four ways to create key results: Step-by-Step GuideQuick… Read more

How do I align with other OKRs?

| Category: Planning.

When you plan your objectives, it is imperative that you know what your management wants to achieve and align yourself to those goals. You can certainly have your individual OKRs, but some level of alignment or connection is indicative of an execution driven organization. The level of alignment is different for each company and Profit… Read more

How do I create dependencies with other Key Results?

| Category: Planning.

You can make your key results dependent on the completion of other key results. For example, you may want to increase your number of clients but depend on the marketing team’s social media outreach in order to do so. Dependencies are visible on your key results page when you select “View” next to your key… Read more

How can I use OKR tags to best organize my objectives and key results?

| Category: Planning.

Your objectives in Profit can be organized using a system of tags or labels. Tags can either describe your OKRs using words like “Aspirational” or “Committed”, or you can categorize them based on department with words like “Sales” and “Finance.” Tags can be created in settings by a superuser. Contact a superuser if you’d like… Read more

How do I check in on a key result?

| Category: Execution.

Check-Ins Key result check-ins are an opportunity for you to track your KR completion and indicate your confidence level in achieving your key results. How often you check-in on a key result is dependent on the frequency you set for your key results during the creation process. Many organizations select a frequency of once a… Read more

How do I create a task?

| Category: Execution.

Task Management How do I create a recurring task? What is the best way to manage high priority tasks for myself and my organization? How do I manage and stay on top of tasks that I’ve assigned to others? Tasks can be added to key results to break them down into manageable assignments and projects…. Read more

What is my Profit score?

| Category: Engagement.

OKR Score Profit has a customizable scoring system for all users that evaluates their performance in four areas: reporting promptness, individual achievement, team achievement, and alignments. To view your Profit score, navigate to your “All my OKRs” page. Your score is represented in a bar at the top of the page. Superusers can customize the… Read more