Goal setting is one of the most important aspects of employee performance management. But do you think that employee goals are effective enough for your organization to achieve success? Well, goals give us a sense of direction and motivation but they do not always lead to success because of not being effectively set.
If you are planning on improving your company culture and increase your team’s productivity using employee goals, then OKRs are the best way to do it!
Objectives and key results (OKR) is a popular goal management framework that evolved over time. You can set goals, oversee them and track employee progress using OKRs.
OKRs help you understand the following things about your goal and its results:
- Clear Idea – OKRs give you a proper understanding of what you are planning to achieve.
- Concentrate – OKRs help you focus on the right aspect of the goal. It shows you the right direction and makes you ask yourself constantly if doing something brings you closer to accomplishing your goal.
- Collaborate – With cascadable/ shared OKRs, employees can collaborate with each other and work on different key results for the same objective. So OKRs also drive team work.
We have understood why using OKRs for goal setting is important but the question still remains, how to set strong and effective goals for your team? To help you answer this question, remember these three factors.
As a manager, it is quite challenging to think from the perspective of each team member and come up with an objective. Understand if the objective actually gives you a proper understanding of what you should do. An objective tells you what you should do and a key result tells you how to do it. It is important for your employee objective to be directional.
Ideally, you should be able to modify goals in the long run. Because, in the process of achieving a goal, the employee and manager might suddenly find that the objective of the goal needs to change. Or that they might need to add other objectives to the goal.
An OKR cannot be long and confusing. Make sure that the OKRs of your employees are simple, brief and direct. Always remember to give the objective shorter time span. Having long-term goals can be helpful but not as much as having smaller goals which are bound to time.
It is very important to have OKRs that are measurable over time. Being able to measure your OKRs helps you find out if you have reached your goal or not. Measuring unquantified objectives is subjective and your employees should opt to have a one on one meeting with their managers to understand their progress on unquantifiable objectives. – Read more
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