The tough times of 2021 are a major threat to the survival and growth of startups. To survive, they can adopt OKRs to enjoy the following benefits and build the required resilience: Meet their unique needs, and focus on agility and growth. Set ambitious goals and attempt to achieve them. Be agile and dynamic in...
Both startups and established organizations benefit from implementing an OKR methodology. Here’s how they can implement it effectively: Have the buy-in of senior leaders and others in the organization. Pick a set of 5-7 clear objectives based on current and past experiences. Set key results as stretch goals and quantify them to the extent possible....
Goal setting needs to be done right so organizations can succeed while employees are motivated to perform and be aligned with organizational objectives. This is why it is necessary to make one’s goal setting follow the SMART way, where S.M.A.R.T is an acronym that stands for Specific, Measurable, Achievable, Relevant, and Timely. Specific: Well-defined goals...
The names of some of the world’s biggest achievers grace the list of companies that adopted the OKR methodology for better performance while driving employee engagement. What are the key components of this methodology? Set objectives and break them down to measurable key results. Set stretched goals to push employees to achieve their potential fully...
OKR or Objective and Key Results, is a popular leadership technique that helps organizations set, communicate, and track their goals. It is a holistic approach towards management of goals and performance levels of employees at every level of the enterprise. It helps in creating better alignment and engagement around measurable goals, which are usually set...
Design your program right by defining the following: Keep the criteria simple and easy for everyone to understand, implement or use for appraisal. Decide the schedule for the events along with the behaviour to be rewarded, and keep people informed. Make sure you set aside a proper budget to keep the initiative going without a...
