25
Easily set clear business objectives, align your teams, focus everyone on what matters, track progress, and drive great results.

Why Should Your Company Use OKR Goals?

Embed Size (px)

Citation preview

Page 1: Why Should Your Company Use OKR Goals?

Easily set clear business objectives, align your teams, focus

everyone on what matters, track progress,

and drive great results.

Page 2: Why Should Your Company Use OKR Goals?

NEW 2017-2018 Expert Series

Why Should Your Company Use OKR Goals ?

(Pronounced: A-Team)

for OKR Goals & Ongoing

Performance Management#1

Page 3: Why Should Your Company Use OKR Goals?

Business Challenges

Page 4: Why Should Your Company Use OKR Goals?

“If you could get all the people in an organization rowing in the same direction, you could dominate any industry, in any market, against any competition, at any time.”

The Five Dysfunctions of a Team by Patrick Lencioni

Image Source: Teamapproach

Page 5: Why Should Your Company Use OKR Goals?

A team that is not focused on results:

• Stagnates and fails to grow• Rarely defeats their competitors• Loses results-oriented employees• Everyone focuses on themselves• Gets easily distracted

The Five Dysfunctions of a Team by Patrick Lencioni

Image Source: The Table Group

Page 6: Why Should Your Company Use OKR Goals?

95% of employees do not fully understand the company’s goals or what’s expected of them to achieve

the company goals

Source: Harvard Business Review, Robert Kaplan and David Norton.

Page 7: Why Should Your Company Use OKR Goals?

Top Employee Complaints About Managers

Source: Harvard Business Review: https://hbr.org/2015/06/the-top-complaints-from-employees-about-their-leaders

Page 8: Why Should Your Company Use OKR Goals?

Source: Harvard Business Review: https://hbr.org/2016/03/two-thirds-of-managers-are-uncomfortable-communicating-with-employees

And What Managers Admit In an Anonymous Survey

% of Managers Admitting They Not Communicating Or Providing Feedback When…

Page 9: Why Should Your Company Use OKR Goals?

Source: Gallup, http://www.gallup.com/businessjournal/195803/employees-really-know-expected.aspx

Page 10: Why Should Your Company Use OKR Goals?

Total cost of your workforce:

70%

Source: Brookings Institute & SHRM Research

Page 11: Why Should Your Company Use OKR Goals?

Every Company Wants to Answer These Questions

Is everyone clear on their individual goals and how they tie to corporate goals?

Can our company measure everyone’s performance objectively and consistently?

Is our organization getting the performance it needs from our employees and teams?

Page 12: Why Should Your Company Use OKR Goals?

Doug Conant, former CEO of Campbell Soup

To win in the marketplace you must first win in the workplace.

Page 13: Why Should Your Company Use OKR Goals?

The OKR Goals Revolution

Page 14: Why Should Your Company Use OKR Goals?

OKRs is a critical thinking framework and ongoing discipline that seeks to ensure employees work together, focusing their efforts to make measurable contributions that drive the company forward.

Source: Objectives & Key Results, Paul R. Niven and Ben Lamorte

Page 18: Why Should Your Company Use OKR Goals?

Clear objectives align everyone at your company and focus collective effort on what really matters so that you can achieve your top corporate goals.

Page 19: Why Should Your Company Use OKR Goals?

How Goal-Setting Has Evolved In 50 Years

• Aligned, not just a stand-alone objective handed to an individual

• Company-wide Transparency, visible to all and not just by one individual

• An Objective can be set with several KPIs, not just one KPI

• Allows for cross-functional alignment, not just isolated in a silo

• Quarterly objectives (but weekly check-ins), not just once a year

• Progress updated with a “check-in” every week, not a few times a year

• Taps into the collective wisdom of the team, not just handed down

Page 20: Why Should Your Company Use OKR Goals?

7 Reasons Why Great Companies Use OKR Goals

1. Clear and Accurate Communication: inform everyone about what is truly important.

2. Focus: focus (and re-focuses) all effort on the key priorities that are the most important.

3. Alignment: align everyone at your company to work on the top objectives; break down silos.

4. Connect Employees: connect your employees’ work to your company’s mission - this impacts your employees’ performance and your company’s results.

5. Improve Continuous Learning: OKRs offer your company faster learning and improvement that drive better results.

6. Create Transparency and Accountability: OKRs bring transparency to your company and everyone can see what others are working on and this drives more collaboration and better performances.

7. Establish Measurable Progress Indicators that Drive Results: by establishing key progress indicators towards measurable results everyone in your organization can be clear on how to accelerate performance and driver results.

Page 21: Why Should Your Company Use OKR Goals?

How Using Goals Affect Organizations

• 74% - higher performance and results

• 76% - improved employee engagement

• 80% - better “manager effectiveness”

• 83% - employees clearly know top priorities

• 92% - better company-wide alignment

• 95% - more transparency, and…

• 97% - employees work harder when colleagues can see their goals

Sources: Atiim customer surveys; industry analysts, public data, Deloitte/Bersin

Page 22: Why Should Your Company Use OKR Goals?

Great Companies Use Objectives To Succeed

Page 23: Why Should Your Company Use OKR Goals?

About Atiim Inc.

Page 24: Why Should Your Company Use OKR Goals?

Atiim is an enterprise goals and performance management platform that transforms the way organizations and their people align and revolutionizes how companies work

to achieve maximum performance and stellar results.

Our mission is to make mid-market companies more: aligned, competitive, effective and successful.

(Pronounced: A-Team)

for OKR Goals & Ongoing

Performance Management#1