Bank Incentive Programs: How to Set Performance Metrics that Drive Bank Success

A strategic road map for the execution of a bank's business objectives will outline focal points such as financial and capital conditions, customer considerations, technology needs, talent requirements and other value drivers that will push success. This can also be a very useful tool for helping align executive incentive programs to the goals that build long-term value for the organization. This article outlines how to create a strategic road map and the subsequent steps to design an effective incentive program for banking institutions.