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, Organizations faced with high demands to deliver on their future goals and objectives are using Objective and Key Results also known as OKRs to implement a solid strategy 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.
Keeping the employees focused on company goals is the first way in which companies benefit from using OKRs. 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. This is important because it connects employees towards corporate goals by giving a clear direction to every team and individual hence increase their productivity through focus on goals and tracking their regular progress towards the set goals.
The other way in which companies benefit through OKRs is alignment of all objectives and linking all key results in a single Workboard of what should and what shouldn’t be done. 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.
Companies can benefit through OKRs by keeping the commitment of the employees towards the company goals. By sharing their OKRs with their employers on OKR podcast for them to evaluate and track specific goals they are striving to achieve, OKRs ensures that employees are committed towards their objectives.
Transparency and overview of employees towards company goals is the other way in which companies benefit from using OKRs. By sharing their OKRs on OKR Podcasts, employees can monitor each other and know how they are progressing. This brings everyone together in one tool where all OKRs can be managed, creating transparency, overview and accountability, thereby ensuring daily tracking of how everyone is meeting their objectives.
Increasing the learning curve among employees is the other way in which companies benefit from using OKRs. When employees sit together to share their OKRs to other teams for reviews, it makes it possible for them to be corrected suppose they are working on the wrong thing or using the wrong format to achieve their OKRs objectives. Because their OKRs are being graded for their own improvement, employees can therefore improve on meeting their OKR objectives for the next sitting therefore increasing the learning curve.