Are you working in an organization without a clear system to align goals across different levels and departments? Or do you struggle with setting productive goals because of limited scope and innovation? The solution for this lies in implementing OKRs (Objective and Key Results).
What are OKRs?
- Objectives and Key Results help your organization to set goals and maintain focus to achieve them. When implementing OKRs, it’s crucial to clarify two aspects:
- 1. What do you want to achieve?
2. How will you achieve it?
With the first question, you focus on your goals, in other words your objectives. Define them as something ambitious, but make it realistic. After this, your organization needs to concentrate on how you are going to achieve them as a team. There’s where the key results come into play. The key results should be measurable, specific, and impactful, reflecting progress towards the overarching objectives.
OKRs vs. KPIs
OKRs are the framework to establish and to achieve your organizational goals. Yet, we see that KPIs are often used to achieve goals instead of Key Results. The difference is that KPIs offers insights into ongoing performance metrics, and they are more data-driven.
The importance of OKRs
Research shows that 95% of employees are unaware of the organization’s strategy. Additionally, 85% of employees are not engaged at work regarding the organization’s direction. It seems that setting up OKRs will result in a higher engagement rate and collaboration. This is because they create clarity and focus, allowing you to break your targets into smaller key results. OKRs also provide flexibility to adapt to changing circumstances.
What’s the next step?
When setting up your OKRs, you need to work on how you are going to achieve them, and that’s where Asana becomes effective. This work management platform seamlessly connects organizational goals with strategic portfolios, cross-functional projects, and individual tasks. By utilizing Asana, organizations can ensure alignment, transparency, and accountability across all levels.
Ready to elevate your organization?
Reach out to us to explore how we can support your journey to reach your organizational and team's full potential.