KPIs are limiting. Wanna know the missing piece?
Dear folks,
Welcome to the latest edition of the Joy of Performing Bulletin.
"The absolute truth is that if you don't know what you want, you won't get it." - Andrew S. Grove
Today, you learn:
KPIs + OKRs = Success-focused strategy execution
We're sure you're familiar with KPIs, no doubt! But you have to agree that they're not shareable.
Your salesperson has contracts to close, and your SEO professional wants that all-time high traffic.
They work in different groups without an urge to leave their department and share a progress metric.
We mean, these are teams working in silos without little connection to each other and the organization's objectives.
Even if you set business-aligned KPIs, they're still backward-looking, unlike OKRs, which are outcome-driven and fuel innovation.
Think of KPIs as calories you track and OKRs as your fitness goals. KPIs help you track daily choices, while OKRs guide your health transformation."
As you read more, you understand that KPIs check your business health while OKRs keep you focused on company milestones for success.
Insights - Make your business progress tracking more meaningful
A new way to measure business progress - Mckinsey
KPIs are limiting when you are working for a successful business transformation. See what it takes to reshape a business.
OKRs for growth in times of uncertainty - Webinar
We hosted the business experts and discussed how meaningful goal-setting can make your business resilient.
Nuances of goal-setting, business growth, team alignment, and more - JOP Podcast Ep #3
领英推荐
There is undoubtedly some motivation in working with people who share your dreams and vision, right? That's what we did again in this podcast.
We sat with our advisor, Hrishikesh Sathawane, who believes in the JOP's vision and framework to help other businesses grow aspirationally.
Tune in to his story and why he believes in JOP and the OKR framework.
High fives all around G2's appreciation for JOP
Getting recognized for your efforts is one of the best feelings in our professional lives.
We're proud to share our G2 Recognition Badges for the fall of 2023.
Make your goal-setting success-focused - 7 steps
Did you know? There is a proper framework that gives purpose to KPIs and each of your team members - the OKR (Objectives and Key Results) methodology.
Maintain your existing KPIs to ensure the smooth operation of your business-as-usual activities.
Introduce OKRs as a new way of setting goals beyond routine tasks. Tangible goals that give a sense of purpose by aligning individuals with the business.
Secure buy-in from the people by explaining the working and benefits of OKRs. Successful outcomes depend on everyone committing to this methodology.
Run a small-scale OKR program with one team to test the framework's effectiveness and gather tangible results. This will serve as an example for broader adoption.
Offer comprehensive training and resources to ensure your teams understand the OKR framework and its best practices.
Give your team time to adapt and realize the benefits of OKRs. Consistent usage can help you assess its long-term impact and gather valuable testimonials.
Gather feedback to know the difference the OKR framework has made. Compare the results before and after using OKRs to highlight their effectiveness and value.
Did you know that we specialize in the OKR framework and love to talk about it?
Call us if you need help understanding how KPIs and OKRs can work in synergy. We're happy to talk.
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