Nowadays, we continuously hear about OKRs. Along with the constantly changing world dynamics, organizations are also transforming. While doing this, it is essential to follow the same path as all employees. We avoid teams that run towards different goals. Being synchronous throughout the organization and running towards a common goal proves its effectiveness more and more every day. To ensure continuous growth, we focus on the right target and collectively run towards that target. So, what supports us in doing this? The answer is OKR.
Here are the areas where OKRs help organizations:
• To provide clarity on the most crucial work in the organization.
• Focusing on the right things.
• To be able to decide on the correct use of resources.
• Providing transparency for employees to work on the required issues.
• Communicate better.
• Using data to measure success.
• Linking vision, mission and strategy to short-term operational planning.
OKR increases cooperation because it allows everyone to look at the same point and focus on the big picture. Therefore, improved communication occurs, and it can always be up to date with the flexibility it provides. As a result, employees can identify obstacles and discuss them early. Also, since progress is transparent, other teams can follow the work, and no one feels left out.
On the other hand, thanks to OKR, the motivation of the employees’ increases. Everyone has a say in the goals they are working on. They have clear priorities, and everyone sees how they contribute to the organization’s goals. Thanks to OKR, you can question whether the company has the right priorities and re-evaluate when necessary.
The fact that the OKR cycle usually covers only three months brings flexibility. Setting and testing goals in this short amount of time make things faster.
In this sense, OKR provides:
• Focus: This allows you to focus on a high-level target. With the priorities you set, you only have one thing to focus on.
• Collaboration: It brings cooperation with teammates and other employees working on the same goals.
• Transparency: Employees who know each other’s goals enjoy a transparent work culture.
• Flexibility: Dropping goals that are ineffective and replacing them provides flexibility.
• Motivation: Having a say in the goal increases employee loyalty and motivation.
OKR is considered one of the best management tools. Whatever your ultimate goal is – to improve performance and adapt to the new world and work dynamics, OKRs will benefit you.
Thanks to OKR, all insights about achievements and improvements can be seen across organizations. In this way, it supports continuous development.