OKR Implementation
Our client in this project was an IT company that produced data-based solutions including BI reports and dashboards. The mission we were given was to set up OKRs across the organization. Due to the fact that there were written and communicated strategies in this organization, the launch of OKR proceeded in a principled manner.
One of the latest trends in the business world is the use of OKR (Objectives and Key Results) to manage projects and measure progress. However, many companies fail to align their OKR with their overall strategy, or to communicate it effectively to their employees. This reduces the chances of achieving their desired outcomes, as OKR is only useful when it reflects and supports the strategic vision of the organization.
We delivered the following outcomes:
- OKR training for managers and specialists across the organization
- OKR implementation plan development and target group identification
- Facilitation of strategic OKR setting meetings with company leaders
- Coordination of OKR setting meetings with the selected organizational units
- Periodic OKR evaluation and OKR setting for the next cycle Our activity resulted in four units in the company’s value chain adopting this method and closing several pending projects with this method.
It is important to remember that OKR is defined with the collaboration and input of subgroups and experts. If a manager sets OKR and assigns it to the subgroup unit for execution, it will not yield a positive outcome.
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Tags: cascading, Employee participation, key result, objective, OKR, pending projects, strategic OKRs, strategy executuinCategorised in: projects