Benefits of OKR
OKR is an acronym for objective and key result which are vital for the growth of most companies. This framework is vital for any company regardless of the industry. The following are the benefits of objective and key results framework.
When a company chooses to use OKR, they can keep their staff engaged. Most companies tend to deal with complaints from staff concerning their efforts not being acknowledged. When you choose to use objective and key result framework, you can solve the issues and set the goals objectives of the company. By using OKR principle, companies can clarify all the goals and enable every staff to get an idea of how operations in the company are connected to create engagement.
Companies that use OKR in their operation can create clean directions that will guide its staff. OKR plays a critical role in promoting simplicity and transparency in companies that enable staff to have an idea of the expatiations and priorities of companies.
In addition to providing clear direction to staff, OKR increases productivity in organization. Though organizations prefer coming up with several goals, it is not always a good idea since getting confused is easy, that is why you need to have specific goals you would want to achieve. When you choose objective and key result framework, you can reduce the number of unrelated goals that you do not need in your company. If you want your company to remain productive, you need to incorporate OKR as it will assist your company to focus on specific goals that will increase productivity.
For your company mission to align with your team goals, you need to use OKR strategy. When you want to adopt OKR, you have to engage the top managers in the process. For a company to enjoy the benefits of OKR, every department needs to come with its own goals that will then be aligned with those of the company.
The following are the factors to consider when choosing an OKR tool. The best OKR tool to sue are those that provide step by step guide to assist users. Such tools will help users regardless of the level of experience they have to create measurable and good OKRs.
People looking for OKR tools needs to ensure that the ones they are considering provides easy key result progress updating. When you get an OKR tool that has an accurate and timely progress updates since it will keep both OKR owners and everyone in the company focused on their goals. Another thing to pay attention to when searching for the right OKR tool is the simplicity of the tool. The reason, why companies need to use simple OKR tools, is that they are cheaper to train staff.
Another Source: https://www.workboard.com/okr-podcast/