OKRs are a widely used management framework that helps companies identify and focus on what matters most in their organization. It helps to track progress, create alignment within the team and encourage engagement among the employees.OKRs have been implemented by some of the world’s leading organizations like Google, Intel, Oracle, Twitter, LinkedIn, etc.
Here is one example of OKR-
OBJECTIVE: Strengthen our corporate culture
Key results:
- Roll out continuous feedback via weekly surveys
- Maintain employee satisfaction score of 7 or higher
- Create & launch a new mentorship program by the end of the 2nd quarter
Here are 5 Ways to create an organization-wide OKRs process-
1. Visibility and Accountability
One way to achieve accountability is by offering visibility. It is important to be open and transparent, so the objectives of your company are always seen. Everyone should feel like they can contribute toward these goals without fear that their hard work will go unnoticed or unappreciated by management.
2. Deployment
OKRs are a great way to get your team members on the same page and create visibility for what they’re working towards. If you want people’s goals spoken about throughout an organization, then set up some meetings where their progress can be reviewed alongside others’ feedback. OKR software allows quick entry & tracking with dashboard-level views so you can see what’s going well as well as where there is room for improvement in real-time.
3. Timing
One very crucial thing to consider in setting up the OKR process is the timing. To be successful, You should set goals in a time-bound manner and evaluate them so that feedback is available while you can still take action on it. Goals should be monitored continuously without any errors. Moreover, Setting goals and setting deadlines are quite crucial as they will give structure to the program from its beginning. It’s necessary to include time for planning, execution, and evaluation.
4. Culture
Having the right pressure can motivate employees and too much lack of it might distract them. Developing a culture where everyone feels comfortable trying new things outside their comfort zone is important for an OKRs system. Cultivating this type of environment will help employees take risks while learning from mistakes.
5. Communication
Good communication is an important part of success. You need to explain your goals and expectations in an organized way so that everyone understands and employees can align their personal and professional goals properly. It is important to send occasional updates on high-level objectives throughout the year so that everyone remains informed. Not only should you communicate about OKRs, but also communicate using OKRs.
The right OKR tool is essential in helping your team move towards a shared goal at an accelerated pace. Huminos is the best OKR software platform that will help you and your team to achieve success.
