O OKR is a simple but powerful framework that can be used for a variety of purposes. This management model makes it possible to measure performance and the achievement of objectives. The logic of Objectives is to give a sense of direction, and they can have a deadline longer than a quarter. If a company has a vague objective, it can end up with incomplete results and not be able to correctly measure the impact on the business.
We know how difficult it is to live with uncertainty; in our daily lives, there are challenges that prevent us from evolving to our real capacity, impacting on our ability to create and achieve ambitious and challenging OKRs. If you want to inspire out-of-the-box, innovative and creative thinking, then you can apply clear and objective goals for employees to work towards. When you use OKR goal management, you connect company, team and personal goals to measurable results.
How to measure OKR?
We can separate the process into two parts:
In the first part, you need to document how your OKRs align vertically with your organizational strategy. One of the most important things is to make sure you use OKRs to set goals every quarter. If your company has a goal that spans several quarters, then you can try different Key Results each quarter and learn what kind of activity helps you achieve your goals and in how much time. Remember that Key Results may not be successful in every quarter.
For the second part, it is recommended to consider which other teams you need to coordinate and assist within the company in order to achieve your OKRs, and at the same time which other teams should be coordinated and integrated with your team. To promote a transparent environment, publicly review the results of the company's and team's OKRs on a quarterly basis. Ask managers to explain their results and any adjustments they need to make for the next quarter.
Once you start measuring your OKRs, you realize that all the indicators are being worked on in the long term, while at the same time understanding that some unfinished OKRs may have been set without priorities.
What if you could not only evaluate, but prioritize your actions?
There are various tools to help you monitor your indicators, but managers can find it very difficult when it comes to prioritizing each activity and action, using their gut feeling rather than real data. If you analyze the last few months, how much time have you spent structuring spreadsheets and presentations?
Following the OKR methodology, Key Results must be measured in a concrete, tangible and objective way. Everyone in the company needs to know what really matters, identifying what is critical and what needs to be done differently to change the results (if they are not being achieved).
For managers, the workload can become extremely high, having to analyze each management system individually and compile the results in a spreadsheet or presentation, reducing performance and spending time on manual processes, becoming a demotivating and frustrating activity.
In a scenario where a company is using several tools, it is possible for priorities to clash and be less than objective. If this is still a reality in your company, Improvefy has developed the first all-in-one platform focused on changing the way you think about management improvement tools.
We have incorporated Jano platform platform, machine learning and artificial intelligence algorithms that make it possible to analyze the coherence and efficiency of the causes of deviations from the plan and their correction plans, analyzing and recommending the best analyses quickly, automatically and efficiently. In other words, we provide all the basic tools for good management in one place, making it easier to train, control and improve the productivity of management and employees.
When people have several high-priority tasks to complete on a daily basis, optimizing processes is the most effective way to determine what each person should do first, based on importance and their own results.
Focus on the activities that matter most
Quarterly business reviews and discussions with departments and teams allow for dynamic alignment and priority setting. With an all-in-one platform, it is possible to predict performance, identify people and leaders with potential for improvement, and increase the efficiency of the manager's work by monitoring their own and the team's activities.
One management platform for all indicators
Improvefy is the first all-in-one platform where your strategy, indicators and OKRs can be added, aligned and managed in a single place.
