When it comes to goal setting for your enterprise, there are a lot of competing methodologies out there. While each approach has a shared aim of helping your business plan, prioritise and accomplish goals, not all said approaches are created equal.
In today’s fast-moving business and work environments, there are few goal management frameworks that can compete with Objectives and Key Results (OKR). This structure has been adopted and used successfully by a countless number of organisations in recent years.
Let’s look a little closer at what OKR is and why your organisation really needs to start using it.
What is OKR?
OKR is a leadership framework that works to connect organisational, team and personal goals in a streamlined hierarchical manner to measurable results. When implemented effectively, with the help of advanced software, OKR helps unify all members of an organisation in a single direction.
How you can benefit from OKR software implementation
According to Bastin Gerald, taking full advantage of the OKR methodology via an advanced software solution positions your organisation to be as efficient and effective as possible. There are a few OKR software products that you can choose from and demo in your organisation.
The Profit OKR software offers a comprehensive system that allows organisations to easily set goals, track targets and monitor delivery frequencies. It helps to ensure your entire team is focused on shared company objectives and ensures associated tasks are completed correctly.
It is all based around the PDCA (Plan, Do, Check, Act) cycle.
Plan: Identifying objectives, key results and metrics.
Do: Organising tasks by priority and necessary supervision.
Check: Evaluating completed work against established OKRs.
Act: Executing on tasks.
Using OKR software, you can make more impactful decisions as you will have a full picture of how each team’s project is going to impact on your overarching organisational objectives. It will also allow your employees to easily see how their individual work is impacting on the greater goal, making them feel more important in the big picture and motivating them to excel at the part they play.
All of this ensures complete harmony between all elements of your organisation. Everyone will know their impact on the bigger picture and be able to fully apply themselves to achieving the company’s shared vision for success.
Is OKR software right for my business?
In short – yes!
OKR software is scalable so that it can make a major impact for a wide variety of businesses across several industry sectors. Businesses that have implemented OKR software are reaping the benefits of this deceptively simple yet effective methodology.