Setting up computed goals

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Creating computed goals involves integrating multiple existing goals using arithmetic operations, tailored to the specific needs of a company. This feature allows for sophisticated performance tracking that aligns with nuanced business strategies.

Use Cases for Computed Goals:

Computed Goals

Arithmetic Operation: Addition of a percentage of each goal from a series of achievements.
Formula: 0.20 × Leads Generated + 0.20 × Leads Converted
LCR (Lead Conversion Rate)
Arithmetic Operation: Division of converted leads by generated leads, multiplied by 100.
Formula: (Leads Converted / Leads Generated) × 100
Goal X
Arithmetic Operation: Division of generated leads by two.
Formula: Leads Generated / 2

Goal Attributes for Computation:

achievement_percentage
short_fall
remaining_days
target
achievement

Prerequisites:

Ensure the individual goals needed for the computation have been established prior to setting up a computed goal.

Steps to Create a Computed Goal:

Access the Web App: Log in to the Vymo web app.
Navigate: Go to self-serve > Global Settings > Performance Management > Goals definitions.
Initiate Goal Addition: Click 'Add' from the left pane and select 'Goal'.
Define the Goal: Enter a name and select between an individual or team goal.
Set Visibility: To hide unmet numbers, check 'Hide Goal Shortfall'.
Manager Contributions: For team goals, enable manager contributions if required.
Note: Selecting 'Allow Manager Self Contribution' generates a corresponding computed goal for the manager.
Select Goal Type: Choose 'Computed' as the goal type.
Formula Specification: Input the necessary goal codes and arithmetic operations to define the formula.

Formula Components:

Arithmetic operations (division, multiplication, addition).
Goal codes of the goals to be combined.
Goal attributes are appended to goal codes with an underscore (_).
Remember: Without an attribute suffix, the goal code defaults to the achievement attribute.
Example Formula: (show_quota_achievement_v2_achievement_percentage) * (show_total_deal_value_v2_target)
Save Draft: Click 'Add' to save the changes as a draft.
Release Management: Use 'Go To Release Management' to finalize the changes.
UAT Release: Create a UAT release, inputting the release details and your email for OTP verification.
OTP Verification: Enter the received OTP and await confirmation.
Re-login: Log out and back in to view the implemented changes.