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Set a SMART goal for your team.

Describe the goal in terms of the SMART framework, providing


evidence in support for each dimension of a SMART goal.

1. Collect 50% of outstanding loans by june 30th june 2019


2. Accumulate buffer reserve of 5m collected from outstanding loans by nov 30th 2019
3. Test, monitor and decide on turning to amortized group lending by Dec 31st 2019

Describe potential risks of this goal and how you are planning to mitigate them.

1. Might lose focus on revenue goals due to competing commitments. Mitigate this by getting
accountable to someone else
2. Might fail to give this assignment the seriousness it deserves. Mitigate this keeping score of the
revenue target.
3. Might not test on a sizable of people to let me observe payment performance. Mitigate this by
taking the first step.

Propose three concrete strategies to help accomplish each of the following: (1) Make the goal
meaningful; (2) Allow for autonomy in attaining that goal; (3) Enable teammates to use and learn
various skills in attaining that goal; (4) Communicate the goal to your team in a way that aligns with
the vision you created for your team (during Week 1)

1. Create a scorecard to base my performance on


2. Allow for flexibility in targeting targeted performance
3. Share/research best tactics on performance of job target
4. Share the vision and the strategies on a convenient platform (whatsapp,weekdone etc)

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