Wanna be Successful and become a Unicorn? Here’s how!

Welcome to the Joy of Performing Newsletter!

We are passionate about helping companies achieve high growth by focusing on top priorities, managing performance in an agile manner, and creating collaborative ways of working–all while increasing the Joy Of Performing.?

For a startup, it is not just the desire that will help it reach its high growth goals, but also the strategy that will initiate its growth spurt. You’ll agree with the saying that a business is successful because of its decision-makers. And a great decision maker plans a good goal-setting process for an organization to run smoothly and makes decisions with clarity.?

One of the best goal-setting methods so far that is trusted by top organizations is the OKR framework. This framework has an effective and efficient goal-setting method that will ensure that employees in an organization work according to the objectives and key results to acquire the company’s common goals.?

Traditional approaches to performance management are not suited to today’s need for flexible, rapid, collaborative decision-making. OKR framework offers regular check-in, better collaboration, work in a team to accomplish tasks, and complete transparency within the organization.?

Critical ingredients of a Unicorn

• Create a simple resolution to an existing problem
• Build a strong and highly commercial value proposal
• Create a plan to have a clarity of vision for the future of the organization
• Unicorn startups have Potential beta testers and customers
• They usually have an easy-to-use UX that qualifies users to quickly adjust and get the product.

How to create OKRs that will help in using the key ingredients of Unicorn to be successful in terms of growth?

OKR follows two critical questions to be successful in terms of growth. These questions are:

1. What does your organization want to Achieve – Your Objective
2. How will your organization know that it has achieved it – Your Key Results

Now, every employee's task is to find a way to execute these objectives to achieve outcomes that will lead to your achieving your key results.?

How to best implement OKRs as Unicorn startups did??

• Leadership agrees on annual OKRs for the company
• Annual OKRs are communicated to the full team and sub-teams agree to quarterly OKRs
• Once quarterly team OKRs are agreed upon, the teams start the cycle of execution
• Closing the quarter and preparing for the next

At JOP, our experts offer OKR services and hold your hand throughout the rollout across your organization. We will help you become a Unicorn, do you have it in you? If you’re intrigued, get on a consultation call with us today!