Objectives and key results are a revolutionary system and tool used by companies all over the world to create a sense of alignment and engagement around measurable goals. OKRs are typically set, tracked and re-evaluated on a quarterly basis to ensure that employees are heading in the same direction with clear cut priorities. The process is usually overseen by the use of interactive OKR software. However, not all companies have yet discovered the clarity that establishing OKRs can bring. Let’s discover 3 brilliant benefits of using OKR software in your workplace.
Assign Goals Quickly and Easily
One of the primary benefits of OKR software is that it can be used to set goals. Without goals, your workforce can lack focus and drive and progress can become stagnant. OKR software enables you to incorporate OKR structures into your workplace goals.
Essentially, OKR has two components, the Objective and the Key Results. Objectives are typically memorable qualitative descriptions of what you want to achieve. They should be short, inspirational, and engaging. An objective should motivate and challenge your team. Furthermore, key results are a set of metrics that measure your progress towards an objective. For each objective, there should be a set of two to five memorable key results. OKR software therefore allows managers to assign goals and track progress in real time.
Prioritize Tasks and Monitor Progress
Knowing how to prioritize tasks in the workplace can have an impact on the success of a project, the engagement of a team, and even the perceived capabilities of a leader. Both small and large projects require the establishment of priorities. Without order, it can be difficult to know where to begin. All relevant tasks need to be documented, deadlines must be taken into consideration, and the value of each individual task must also be specified.
Correspondingly, using OKR software to generate a natural order of events can make this process easier to navigate. Monitoring progress is a fundamental part of achieving success. To effectively track employee progress on goals, OKR software can send out a notification each time a goal has been accessed, allowing for a clear channel of communication. Being able to discuss both the goal and any progress made via OKR software is a simple way to start an open dialogue and determine whether the goal has been met, still requires work, or needs to be adapted.
In recent years, employee expectations of the workplace have changed. Employees actively take steps to seek out workplaces that align with their morals and values, and studies have also show that a positive working environment can be a key determinant in both the quality of work and levels of productivity. Workplaces that engage with their employees can have a tangible impact on motivation levels. More often than not, teamwork is shown to be key.
With this in mind, at any given time OKR software enables all employees to gain an understanding of what everyone is working on. The visibility of team OKRs encourages team members to support each other and strive towards their own individual goals. Additionally, through this enhanced transparency, employees can learn more about precisely how their contribution matters to the organization as a whole. OKR software can even be used to complement any existing mentoring or coaching programs, providing employees with further opportunities to develop and apply new skills.
Ultimately, OKR software is highly praised by companies from the private and public sectors. Above all, by approaching common challenges in an innovative way, employers and employees can set and meet effective goals using software to enhance both business productivity and workplace morale.
Looking for even more ways to use technology to boost your business? Check out this useful guide to embracing technology in the workplace.