Top 15 benefits of using OKRs
April 2, 2019

Top 15 benefits of using OKRs

Top 15 benefits of using OKRs: 

  1. Align and connect your employees to your corporate goals

  2. Give clear direction to every team and individual

  3. Increase productivity through focus on goals

  4. Track regular progress towards goals

  5. Make more effective and informed decisions

  6. Achieve measurement, accountability, and transparency

  7. Use regular weekly updates to gain vision and insights

  8. See how goal progress aligns with the company’s vision, strategy, and top priorities

  9. Be effective in setting clear and specific goals

  10. Manage achievement and execution with greater accountability and transparency

  11. Boost individuals’ engagement and empowerment through your goal-setting process

  12. Increase insight and transparency across the organization for top-level executives

  13. Analyze root causes of why objectives are not achieved

  14. Improve resource allocation and management

  15. Capture cross-functional dependencies across teams

Traditionally, companies set high-level goals at the beginning of the year, and then everyone forgets about them within a month. This leads to passive management. It becomes difficult for leaders to measure and track their employees’ progress and goal-achievement. Executives and managers have a hard time understanding which teams or individuals are achieving, overachieving, or underachieving. It becomes difficult to align different teams and individuals to the company-level goals, so people feel disconnected from the bottom up. There is little clarity among workers about how their actions connect to what matters to the organization. It’s also hard to build a measurable, predictable, and repeatable business model when working this way.

To combat the issue, companies attempt to set goals in Microsoft PowerPoint or Excel, or Google Docs, and then communicate these goals via email. This is a very static process, and many companies can’t manage or track progress with this approach. With static approaches like these, goals aren’t available or visible to everyone in real-time, People can’t connect their work to invisible goals.

Objective and key results (OKRs) boost efficacy and engagement by telling managers which team members are engaged. This information is easily accessible through a weekly OKR goals check-in process, which gives managers visibility into who’s achieving their OKRs. OKRs help managers build high-performing teams by empowering and engaging individuals so that they’ll be better at their work.

Many reputable companies use OKRs:

  • Google

  • Intel

  • Facebook

  • LinkedIn

  • Twitter

  • Oracle

Did you know that prior to its implementation of OKRs in the 1990s, Google was only in its startup phase? Having a cohesive strategy for setting and measuring qualitative ambitions at company, team, and individual levels helped Google achieve the level of success it experiences today. 

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