Many organizations that make the decision to start with OKRs make the same mistake: too many OKRs at the executive level.
You want your company to grow. That desire could be driven by shareholders and investors, your own ambition or your exit strategy. So what do you do? You hire a bunch of growth hackers to get your inbound and outbound marketing up to speed, hire some killer sales reps and do some pricing tricks. This is a nice recipe if you want to grow your SaaS fast in its early days. After you have overcome some of the growth crises, you’re now a mature mid-sized SaaS company. Then something happens.
In the pursuit of your mission and vision, in life as well as in business, the individuals that see the best return on their efforts are those that have laid the framework from getting from point A to point B with pragmatic goals.
You’ve recently started with OKRs, defined company-level OKRs and your teams already have linked OKRs. You are ready to start your first OKR cycle. What things can you expect when you perform your OKR check-ins? Let’s look at different stages of your OKR implementation.
I often come across companies where everything is a top priority. Let’s take a look at a fictional corporation, Acme Bank, where revenue was low last quarter. Like many, their natural response is to cut expenses.
You find yourself sitting at your desk, scratching your head. What is going on? You thought you were clear and fair. You repeated it so many times. How is it possible that your teams still don’t do what you expect of them?
People hate uncertainty. Research has proven that people can experience stress and illness when dealing with ambiguity and obscurity. Our brain appreciates certainty the same as food, sex, and social connections. We humans are rather predictable creatures, ruled by genetics and time-honoured survival mechanisms. There are few things that give us more satisfaction than having a firm sense of control over our environment, safety, and working towards a goal (acting with purpose).
So, you have recently heard about this new management goal-setting method called OKRs and you are really eager to implement them within your organization. If Google and all of the other big tech giants are using them, then they need to be good right? So, what do you do next?
Last week I was a guest in the Fit Bots webinar where I talked about “Slingshot your OKR Success”.
Time Travel Travel back in time with me for a moment. It’s New Year’s Eve and you are watching the fireworks in the sky with your friends. You are holding a glass of champagne in your hand and making some promises to your friends. “This year I’ll quit smoking”, one friend says. Another promises aloud: […]
Check out my talk at IT Spring 2019. In this presentation, I talk about how to use OKRs for strategy and how to use a tool called the OKR commitment square to execute your OKR check-ins.
“Focus is the thing that makes the difference between excelling and flailing about in mediocrity” ~ Christina Wodtke.