OKR is a simple but powerful goal-setting framework that helps organizations set ambitious business goals and measure outcomes that matter the most.
It is a cultural artifact that enables employees to engage and participate while aligning to the company’s goals, purpose, and overall mission.
It is an outcomes-aligned practice that helps communicate the organizational vision as meaningful, lofty business objectives.
With the changing nature of organizations, employees often find it challenging to adapt to the rapid changes they need to deal with. Also, long-term business plans and strategic goals make employees feel demotivated due to a lack of purpose and sense of dissatisfaction.
Leading companies such as Google, Oracle, LinkedIn, Netflix, Amazon, and others have implemented Objectives and Key Results (OKRs) to accomplish their short-term and long-term goals.
Read more on why many successful organizations implement the OKR goal-setting framework.
The Objectives and Key Results (OKR) goal-setting framework helps organizations turn good ideas into excellent execution. However, businesses often find it challenging to introduce OKRs in the workplace at first.
Read more about the 5 common mistakes made when setting goals in OKR framework.