Without a target, you will end up
in being used to achieve others target. An organization without an increase in
earnings target will surely end up in frustration and confusion, thinking it is
the force of territorial demons and household wickedness.
I studied accounting in Lagos
State Polytechnic, Isolo, Lagos, Nigeria. I was graced to work in TFS Financial
Limited, situated at 46, Marina Road, Lagos for my Industrial Attachment,
before I was favorably employed into Intercapital Securities Limited at 256b,
Etim Iyang Crescent, Victoria Island, Lagos, where we trade securities. This
was where I was exposed to the reality of securities, I was opportune to
purchase my first stock – Intercontinental Bank Initial Public Offer @ N13.50k/share.
Future Estimated increase in
earnings of such company will be clearly stated in the Initial Public Offer
prospectus for you to study, which will serve as one of the triggering reasons
for anybody coming on board in such company. It is wisdom for business
organization to have an increase in earnings for the year and beyond to be
stated on paper, so that he that read will run with it.
Effects Of Increase In Earning Target
1. Focus: One of the things that increase
in earnings target does is that it brings about focus to the Staff, Management
and Board. Focus is irrelevant when there is nothing to target, sight will be
running to and fro.
Have a preview
as regards the percentage increase that you will want your earnings for this
year and beyond to get to, this is what you will take to the Management and
Staff, so as to be set as focus.
2. Pursuit: This increase in your earnings
target will not leave anyone in the company sleeping, dozing off or relaxing,
it will surely set everyone on fire. It will serve as what everyone will run
after for the reality, every department in the business organization will have
to engage in meeting to see how it can become a reality.
You need to see
how bank marketers laugh in the meeting where they are giving their targets,
right at the place they are seated, everyone is already penning names of their
target because immediately they are out of the meeting, work kicks off
immediately. The more reason you cannot meet any bank marketer sit behind in
the office during the day, everyone is on the run, it is a pursuit that must be
met.
3. Seriousness: You wouldn’t know how
serious a man is until you place him on target on how to increase the earnings
of the business organization. You will be dazed how your cleaners will be
concerned because they are so sure of what the increase they will go home with
at the end of the year.
Our cleaners are
self-trained, they are ready to learn how to attend to customers, so that they
can market them because the company gives quarterly smiling share of the
company’s increase in earnings target, giving personal consideration to staff
who brings in customers.
4. Appraisal: Without target, appraisal
cannot be done, there is need for this target, so that appraisal can be done
and the company can be scored either better or worse.
5. Innovation: Increase in earnings target
stirs up innovation. People will go long way to think and act, for them to meet
up the target of the increase, so that they can smile home genuinely. I moved
from the Accounting section to becoming the Fleet Operations Manager at Mos
Energy Company Limited in 2013, I had to move the business out of the normal
state that is no longer producing income to another level that made me hit the
earnings target given to me by my then boss, which gave me the guts to place a
request for an increase in salary.
Dapo Olaleye, an
Associate Pastor in Balance Gospel Ministries International Headquarters. He is
the President of Business Xploit Group with Nine Subsidiaries through which
lives are blessed around the globe. Chancellor of Business Xploit institute, Facilitator
in School Of Discovery (Gospel Dominion Prayer Ministries), author of seven books
(Unlocking Your Potentials To Profits, Uncommon Sense Guide To Making Money,
Woman! You Are A Blessing Not A Burden, Ladies Of Dignity, More Than Money, A-Z
Secrets Of Academic Excellence, Becoming An Academic High Flier and Generating
God’s Ideas For Business, Ministry, Career (CD)). He is an alumnus of Daystar
Leadership Academy and Daystar Business Academy and Student of Word Of Faith
Bible Institute. He can be reached via: bizxploit@gmail.com, 08122927079.
No comments:
Post a Comment