Tips for Writing OKRs for your Company
Several companies struggle when it comes to bridging the gap between strategies and implementation. Many management strategies have been in use for many years that aim at bridging this gap. Over the years, there has been one management strategy that has been increasing in popularity that is objectives and key results methodology. OKR helps define the goals of an organization. Tracking the achievement of these goals is easy as there are key results that are measurable. With well-defined goals, everyone in a company is well aware of what is expected of them. They also know what they need to do to achieve the objectives of the company. The use of this methodology is offering benefits to many companies today. The popularity of this methodology lies mainly behind the fact that it doesn’t it is easy to implement and doesn’t require a lot of resources. 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%. Your OKRs can be implemented on your annual or quarterly plans. Writing OKRs is not very hard. This article will help you discover more about writing OKRs.
Your OKRs should be simple. It is essential to establish what is of most importance to our company. The OKRs that are most suitable for your company will be known by establishing this. You get to decide on the number of objectives to have. However, it is important to keep in mind the time you have and the complexity of the objectives. You should have OKRs that are not too easy to achieve but still achievable. When writing OKRs, specificity is important. The objectives should be very clear and the key results should be well-defined. Nothing should be lost in translation. The ambiguity of your OKRs will be avoided by being clear and concise.
Every staff member should know what is expected of them. This is the reason why leveling your objectives is important. Top management to junior staff should know their role in achieving the OKRs. Everyone should know what their contribution should be in achieving the company’s objectives. The employees should not only be aware of their role but they should also know the overall company’s objectives. Everybody should know what they are working towards. The key results should be measurable. If it is difficult to quantify results, come up with a way of measuring results.