Due to the high demand for organizations to deliver on their future goals and objectives, companies are resulting to using Objective and Key Results also known as OKRs to implement a solid strategy especially in a situation where employees are faced with challenges such as demotivation and lack of purpose that may hinder them from meeting the required goals. This is due to the fact that OKRs helps companies keep their vision, objectives and goals by showing their employees what is exactly expected of them through aligning their focus on company goals and thereby benefiting in the following ways.
The first way in which companies benefit through OKRs is maintaining the focus of the employees towards the company goals. This is due to the fact that OKRs keeps employees ultimately engaged to achieving the objective set before them, thereby limiting the disengagement of workers by keeping them focused on the number of things that they are supposed to do. By focusing on goals and tracking their regular progress towards the set goals, employees are connected towards achieving corporate goals by giving them a clear direction and therefore increase their productivity.
Alignment of key objectives and linking all key results in a single workboard of what should and what shouldn’t be done is another way in which companies benefit through OKRs. This is due to the fact that alignment of key objectives help companies move on from planning to execution, tying all contributors implementing their OKRs.
Keeping the commitment of the employees towards company goals is the other way in which companies benefit from using OKRs. This is due to the fact that employees committed to their OKRs will ensure that they are working towards their objectives by sharing their OKRs with their employers on OKR podcast for them to know and track specific goals they are striving to achieve.
Transparency and overview of employees towards company goals is the other way in which companies benefit from using OKRs. This is due to the fact that every individual has his or her own OKR to share on OKR Podcast through which other employees can be able to know how they are progressing. Bringing everyone together where all OKRs can be managed helps companies create transparency, overview and accountability, thereby keep a daily tracking of how their employees are meeting their objectives.
Increasing the learning curve among employees is the other way in which companies benefit from using OKRs. The fact that everyone sits together to share their OKRs to other teams for review makes it possible for them to be corrected supposed they are working on the wrong thing or using the wrong format to achieve their OKRs. This can help them improve on their OKR objectives for the next sitting, making it possible for them to learn new things since their OKRs are being graded for their own improvement.