A sector wise comparison of the variation in the goal-setting ability of bank executives

The process of detecting something everyone needs to accomplish and establishing a measurable action to reach that something is called Goal-setting skill. This study compares the goal-setting skills of bank managers working in different sectors in Kerala, which is comparatively a highly literate state in India. A multi-stage stratified random selection procedure was used to choose the sample bank managers from the whole list of Kerala bank managers. Based on the 350 responses gathered from the bank managers in the three distinct sectors from the state's three most prominent districts, the study shows that there is a significant disparity in the managers' capacity to develop acceptable goals for the firm. The variance in goal-setting ability was investigated using One-Way ANOVA, and the F value was determined to be statistically valid at a 1% level of significance. This illustrates how the bank managers selected for the study have quite different goal-setting abilities based on the area of the bank they work in. The ability to set goals is strongest among the old-generation private sector bank managers, as compared to the public sector and the new generation private sector bank managers. This research will help policymakers and scholars to understand how goal-setting skills affect the manager service’s performance with respect to outcomes achieved within a short period of time.