Benefits of OKR
OKR is an acronym for objective and key result which are vital for the growth of most companies. Regardless of the industry your company is operating at, you can benefit from OKR. When you want to learn about the benefits of OKR, you are in the right place.
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. However, when a company uses OKR they will solve the issues while allowing the company to set the goals objectives and key results. 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.
Another reason why companies need to adopt OKR is that it helps in providing clear direction to the staff of the company. 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. As much setting goals is vital, most companies tend to have many goals that make them confused on the ones to accomplish. 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.
Objective and key results are known to help in connecting goals of staff and the activities with those of a company strategic mission. The top managers of a company will provide OKR. When you want to adopt to the use of OKR, every department in the company needs to set their own OKRs and then match them with the company’s objectives.
Now that you understand the benefit of using OKR, in this section, we will take you through the tips to choosing the right OKR tool. First and foremost, you need to look for a tool that comes with guides to help users. Such tools will help users regardless of the level of experience they have to create measurable and good OKRs.
Another thing you need to consider when searching for an OKR tool is to check if the tool you are considering has an easy key result progress updating. Accurate and timely updates are vital in keeping owners focuses in their goals and keep everyone in the organization informed and contribute effectively. A good OKR tool needs to be simple to use. The reason, why companies need to use simple OKR tools, is that they are cheaper to train staff.