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Tips for Writing OKRs for your Company
Many companies struggle with bridging the gap between strategies and implementation. Many management strategies have been in use for many years that aim at bridging this gap. 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. The measures and steps to be taken to achieve these objectives also become clear. The use of this methodology is offering benefits to many companies today. It is popular mostly because it is easy to implement in a company and doesn’t use a lot of resources to implement. Three to five high-level objectives are consisted of in OKRs. These objectives should each have three to five measurable key results. The key results can be set on a scale of 0-1 or 0-100%. The OKRs can be implemented in your annual or quarterly plans. Writing OKRs is not very hard. You can read more about tips for writing OKRs here!
You should keep your OKRs simple. The most important goals of your company should be established. 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. You should bear in mind the complexity of the objectives and your desired timeframe when coming up with a number. You should have OKRs that are not too easy to achieve but still 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.
Everyone in the company needs to know what is expected of the. This is why it is essential to level your objectives. Top management to junior staff should know their role in achieving their objectives. It is essential for everyone to know what their contribution to achieving the company’s objectives is. The staff needs to know the company’s overall objectives also other than their roles. They should be aware of what they are working towards for motivation. Your key results should be measurable. You should come up with a way of measuring results if the results are difficult to quantify.
It is important to acknowledge and reward success. You should celebrate when you hit a milestone. The OKR process will be encouraged by doing this. To read more now, click the link to this website.
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