Who executes your strategy?

“48 percent of organizations fail to reach at least half of their strategic targets, and just seven percent of business leaders believe their organizations are excellent at strategy implementation.”

- Bridges Business Consultancy

Enterprises are large and complex. In the midst of multiple processes, analyzing data, creating reports, and conference room meetings, creating business outcomes takes a backseat. Leadership teams spend weeks interpreting data and strategizing for optimal business performance. Unfortunately, actioning that strategy is easier said than done. According to Harvard Business Review , 60–90% of strategic plans never fully launch .

When it comes to enterprises, strategy is understood by the top-level folks who define it, but not the front-line teams.

According to MIT Sloan , only 18% of middle managers and 13% of frontline managers can name the company’s strategic priorities. Alignment significantly deteriorates from top to bottom of the organization pyramid, and this is where 99% of the company's execution capability is concentrated.

We have seen enterprises overcome these painfully common obstacles by rolling out OKRs (Objectives and Key Results). At Fitbots OKRs and the Goal Getters Community, we help companies of all sizes strengthen their strategy execution. Frequent laments from enterprise leaders prompted us to assemble learnings shared by our OKR coaches, who have guided many large organizations through a successful OKR rollout. With this ebook , enterprises can learn about OKRs and how to roll out and sustain them.

Can OKRs be embraced by Enterprises?

Most definitely, yes!

Interestingly, OKRs bring in the ability to stretch to achieve ambitious goals, something that large organizations struggle to introduce. Above all, OKRs bring the culture to accept successes and failures as part of trying to achieve the right outcome.

How have OKRs helped other large organizations?

1. Venture Building Powered by OKRs - Charlotte Stewart , Head of HR, Standard Chartered Ventures & Innovation, sheds some light on building Ventures powered by OKRs. In this thrilling conversation, she talks about leading People and Culture and building DI&E with OKRs. Click here to check out her podcast.
2. OKRs in the Legacy Enterprise - Michael Goitein specializes in enterprise growth as an OKRs, Agile, Discovery and Product Coach at KeyBank. In this exciting conversation, he talks about defining OKRs and KPIs, and shares his key learnings when introducing OKRs to a legacy enterprise. Click here to tune in.
3. Making OKRs Work: Perspectives of an OKR Champion - Rebecca Hatten , ex-Program Manager at Will International, shares her perspectives as the OKR champion. In this insightful podcast, she elaborates on her role in helping her organization introduce and sustain OKRs. She also talks about the changes that have come about after successfully onboarding OKRs. Click here to delve deeper.

Get OKRs Right with Fitbots

With Fitbots, your teams can achieve 10 times more by setting and tracking the right outcome metrics, save an average of 450 hours each quarter on report-making and clumsy powerpoints, and increase transparency by 100%. We have consistently rated as a High Performer on G2 and are the proud recipients of multiple G2 badges.

Our top-rated offerings include:

• 5-Step Method to reduce Strategic/Company OKRs writing to a matter of hours, helping leaders focus on action rather than verbose discussions
• AI-assisted OKR Writing to reduce the time spent by teams in crafting effective OKRs that reflect company strategy
• Alignment Boards and Misaligned OKR modules that ensure complete alignment such that there is no wastage of time, effort, revenue
• OKRs and KPIs management alongside a vast number of integrations
• Progress Boards, Trends Boards, Insights, and Reports at the organization and team level for effective decision-making and performance improvement
• Individual reports and insights to support performance-related conversations
• On-demand OKR Coaching and Certification

Click here to chat with our OKRs experts on how we can help you get OKRs right, and manage them with powerful?insights.