Essential Tips for Writing OKRs for your Business
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. The recent years have seen the objectives and key results methodology increase in popularity. OKR helps define the goals of an organization. It is easy to track the achievement of these goals when you have measurable key results. 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. 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. OKRs mostly have 3 to 5 high-level objectives. Under these objectives, you will have three to five measurable key results. These key results can be set on either a scale of 0-100% or 0-1. The OKRs can be implemented in your annual or quarterly plans. Writing OKRs is not very hard. To learn more about writing OKRs, here are a few tips.
You should keep your OKRs simple. The most important goals of your company should be established. By establishing this you will be able to come up with OKRs that are suitable for your company. 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. As much as your OKRs should not be too easy to achieve, they should still be achievable. You should be specific when writing OKRs. You should have clear objectives and clearly-defined results. You don’t want anything lost in translation. Being very clear and concise will avoid ambiguity of your objectives.
Every staff member should know what is expected of them. This makes it essential to level your objectives. Top management to junior staff should know their role in achieving the OKRs. The contribution of every staff member 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. Everyone needs to know what they are working towards. You should have measurable key results. You should come up with a way of measuring results if the results are difficult to quantify.
Acknowledging and rewarding success is important. When you can hit your milestone, you should celebrate. You will encourage the staff by celebrating wins thereby encouraging the OKR process. You can click here on this site to learn more.