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The $1.3bn£998m8m) in revenue from that business toppedthe CEO James Gorman's $1bn quarterly target and beat Goldman's $1.2bn.
The results met analysts' consensus estimate, compiled by Thomson First Call and lowered last month after McDonald's warned that it would not meet its quarterly target.
There's nothing wrong with having a quarterly target; cash is the oxygen of a growth business, and it needs to be managed very carefully.
Only about 10percentt of all the companies surveyed said they would alter their accounting assumptions to meet a quarterly target, and only about 20percentt said they would postpone making an accounting change to meet a target.
A self-compassionate sales executive who misses a quarterly target, for example, not only will focus on how she can make her numbers next quarter but also will be more likely to take stock of whether she is in the right sort of job for her temperament and disposition.
3. Do you just need to hit a quarterly target or deadline?
Similar(50)
They have to make sure their team hits the weekly figures, quarterly targets and yearly goals.
Sales staff have weekly, monthly or quarterly targets on the amount of warranties they can sell.
She had recently received an internal e-mail congratulating her division for meeting its quarterly targets.
We have consistently met quarterly targets to keep money growth under strict control.
However, who can blame leaders who must meet quarterly targets for doubling down on efficiency, rationality, and centralized control?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com