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A senior manager at a bank might use strategic planning to track productivity for each branch manager. After the plan has been implemented, that manager must target goals for that branch manager so he or she can build on his or her strengths needed to reach the goals of the plan. Since strategic plans are long term, the plan for the branch manager’s productivity might be to cross-sell 200 loans with a brand new account in four years. This is a long term goal that will have some smaller short term goals broken up within the long term goal. That branch manager can then take some of the goals lined out for them and pass them down to their staff...
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