Essential Tips for Writing OKRs for your Business
Many companies struggle with bridging the gap between strategies and implementation. For many years, companies have made use of different management strategies to achieve this. One management strategy that has been increasing in popularity over the years is the objectives and key results methodology, in short, OKRs. The goals of a company can be defined using OKRs. Tracking the achievement of these goals is easy as there are key results that are measurable. What is expected of a staff member is well-known with clearly-defined objectives. What is needed to achieve these objectives will also be known. 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. Three to five measurable key results should be consisted of in each of the objectives. 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 as hard as it is perceived. This article will help you discover more about writing OKRs.
You should keep your OKRs simple. What is of most importance to your company should be established. The OKRs that are most suitable for your company will be known by establishing this. The number of objectives to have will be decided by you. 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. Specificity is important when writing OKRs. You should have clear objectives and clearly-defined results. Nothing should be lost in translation. The ambiguity of your OKRs will be avoided by being clear and concise.
Every member of your staff 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 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. Everyone needs to know what they are working towards. The key results should be measurable. You should come up with a way of measuring results if the results are difficult to quantify.
Success should be acknowledged and rewarded. You should celebrate when you hit a milestone. The OKR process will be encouraged by doing this. You can click here on this site to learn more.