In a situation where employees are faced with challenges such as demotivation and lack of purpose that may hinder them from meeting the required goals, Organizations faced with high demands to deliver on their future goals and objectives are using Objective and Key Results also known as OKRs to implement a solid strategy OKRs helps companies keep their vision, objectives and goals by showing their employees what is exactly expected of them through aligning their focus on company goals and thereby benefiting in the following ways.
Maintaining the focus of the employees towards company goals is the first way in which companies benefit from using OKRs. By using OKRs, companies keeps their employees ultimately engaged to achieving the objective set before them, thereby limiting their disengagement by keeping them focused on the number of things that they are supposed to do. By using OKRs, employees are connected towards achieving corporate goals by giving them a clear direction and therefore increase their productivity through focusing on goals and tracking their regular progress towards the set goals.
The other way in which companies benefit through OKRs is alignment of all objectives and linking all key results in a single Workboard of what should and what shouldn’t be done. After aligning key objectives, companies can move on from planning to execution by tying all contributors implementing their OKRs.
Keeping the commitment of the employees towards company goals is the other way in which companies benefit from using OKRs. Employees committed to their OKRs will ensure that they are working towards their objectives by printing and sharing their OKRs with their employers on OKR podcast for them to know and track specific goals they want to achieve.
Transparency and overview of employees towards company goals is the other way in which companies benefit from using OKRs. This is due to the fact that every individual has his or her own OKR to share on OKR Podcast through which other employees can be able to know how they are progressing. Bringing everyone together where all OKRs can be managed helps companies create transparency, overview and accountability, thereby keep a daily tracking of how their employees are meeting their objectives.
Companies can benefit through OKRs because it increases the learning curve of the employees. This is due to the fact that when everyone sits together and share their OKRs to other teams for review, they can be assured of being corrected supposed they are working on the wrong thing or using the wrong format to achieve their OKRs. Because their OKRs are being graded for their own improvement, employees can therefore improve on meeting their OKR objectives for the next sitting therefore increasing the learning curve.