Wednesday, December 1, 2010

Your Lucky Numbers

How often I'm asked "How many files should (pick a role) get through each day?"

It's an unfair question without knowing the entire process flow, roles and responsibilities. With underwriting and AUS so vanilla and streamlined, should the number increase? With compliance and investor due diligence growing more erratic by the day should the number decrease?

Here's the key: Know your business, know your level of talent and how resourceful they are, and then tie that into your process and we can help find your lucky number. For any person to use a "best practice" comparison to benchmark their production would be a mistake. There are simply way too many variables from firm to firm.

Oh, if you haven't even thought about your lucky numbers, well that's a whole other issue!!!

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