Tips for Writing OKRs for your Company
Bridging the gap between strategies and implementation is something that many companies struggle with. Different management strategies aimed at bridging this gap have been in use for many years. The recent years have seen the objectives and key results methodology increase in popularity. OKR helps define the goals of an organization. Measurable key results can help track the achievement of these goals. Well-defined goals make every member of the company aware of what is expected of them. They also know what they need to do to achieve the objectives of the company. The use of this methodology is offering benefits to many companies today. This methodology is popular mainly because it is very easy and doesn’t need a lot of resources for implementation. OKRs consist of three to five high-level objectives. Three to five measurable key results should be consisted of in each of the objectives. The key results can be set on a scale of 0-1 or 0-100%. Your OKRs can be implemented on your annual or quarterly plans. Writing OKRs is not as hard as it is perceived. You can read more about tips for writing OKRs here!
Your OKRs should be simple. It is essential to establish what is of most importance to our company. Establishing this will help you come up with OKRs that are most suitable for your company. You get to decide on the number of objectives to have. It is, however, still important to keep in mind the complexity of these objectives and your desired timeframe. As much as your OKRs should not be too easy to achieve, they should still be achievable. You should be specific when writing OKRs. It is important to have well-defined key results and clear objectives. Nothing should be lost in translation. Being very clear and concise will avoid ambiguity of your objectives.
Every staff member should know what is expected of them. This is why it is essential to level your objectives. Top management to junior staff should know their role in achieving the OKRs. It is essential for everyone to know what their contribution to achieving the company’s objectives is. The employees should not only be aware of their role but they should also know the overall company’s objectives. Everyone needs to know what they are working towards. The key results should be measurable. If it is difficult to quantify results, come up with a way of measuring results.
Acknowledging and rewarding success is important. When you can hit your milestone, you should celebrate. You will encourage the staff by celebrating wins thereby encouraging the OKR process. To read more now, click the link to this website.