Raise Your OKR Yield With These Two Super Techniques
Several market players are now in the OKR game plan and getting down to this business is one of their New Year resolutions. OKR is a well-tested methodology of increasing productivity through a focus on goals. This is well-achieved with the help of OKR Trainers and Consultants.While you get your goals set and align everyone in the organization with clear direction, the initial impetus is to measure the achievement in numbers. But before you move forward with this whim, let us raise a little caveat to make your framework work better. Prior to getting your OKR strategies off the ground, have a second look at the measurement indicators for your achievement. There should be well-designed strategies for the development of key metrics. To put them in a nutshell, approach your OKR system of metrics with these two powerful techniques:
1. CONSTRUCTS:This is how you build up your OKR system. The ingredients used are very important and should be set differently for each department depending upon their unique goals. Instead of simply defining the ultimate target and chasing the numbers to achieve that, it would be cognizant to have strategic initiatives to accomplish what is required. E.g. creating astute measurements of how conversions are made, new customers are approached, field visits are done, and all that will help the staff to achieve the required sales target (specified in numbers). When the focus gets on the 'how' instead of 'how much', the latter part is taken care of its own accord.
2. PRIORITIES:John Doerr, the American Venture Capitalist, in his book on OKR ‘Measure what Matters’ says:
“When people have conflicting priorities or unclear, meaningless, or arbitrarily shifting goals, they become frustrated, cynical, and demotivated.”
To get prodigious results with the OKR techniques, its primacy and focus are essential from the management side at first and slowly at every level. For this to happen, OKRs should be well-defined and taken seriously. Count and measure the deliverables and activities that are important to achieve your targets. Prioritize them. Then, measure their results in a short time-frame like a week or two. If there are any problems, make the required rectifications. Link your plans to the objectives.
By focusing on these approaches, you can broaden your perspective for learning, analyzing, and improving OKR. It's important to hire the most experienced and the Best Okr Coach
Author