Post on 21-Jan-2018
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Easily set clear business objectives, align your teams, focus
everyone on what matters, track progress,
and drive great results.
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NEW 2017-2018 Expert Series
Why Should Your Company Use OKR Goals ?
(Pronounced: A-Team)
for OKR Goals & Ongoing
Performance Management#1
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Business Challenges
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“If you could get all the people in an organization rowing in the same direction, you could dominate any industry, in any market, against any competition, at any time.”
The Five Dysfunctions of a Team by Patrick Lencioni
Image Source: Teamapproach
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A team that is not focused on results:
• Stagnates and fails to grow• Rarely defeats their competitors• Loses results-oriented employees• Everyone focuses on themselves• Gets easily distracted
The Five Dysfunctions of a Team by Patrick Lencioni
Image Source: The Table Group
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95% of employees do not fully understand the company’s goals or what’s expected of them to achieve
the company goals
Source: Harvard Business Review, Robert Kaplan and David Norton.
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Top Employee Complaints About Managers
Source: Harvard Business Review: https://hbr.org/2015/06/the-top-complaints-from-employees-about-their-leaders
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Source: Harvard Business Review: https://hbr.org/2016/03/two-thirds-of-managers-are-uncomfortable-communicating-with-employees
And What Managers Admit In an Anonymous Survey
% of Managers Admitting They Not Communicating Or Providing Feedback When…
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Source: Gallup, http://www.gallup.com/businessjournal/195803/employees-really-know-expected.aspx
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Total cost of your workforce:
70%
Source: Brookings Institute & SHRM Research
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Every Company Wants to Answer These Questions
Is everyone clear on their individual goals and how they tie to corporate goals?
Can our company measure everyone’s performance objectively and consistently?
Is our organization getting the performance it needs from our employees and teams?
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Doug Conant, former CEO of Campbell Soup
To win in the marketplace you must first win in the workplace.
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The OKR Goals Revolution
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OKRs is a critical thinking framework and ongoing discipline that seeks to ensure employees work together, focusing their efforts to make measurable contributions that drive the company forward.
Source: Objectives & Key Results, Paul R. Niven and Ben Lamorte
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OKR video
80 Minutes & 500,000+ viewers!
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Source: Google re:Work
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Source: Google re:Work
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Clear objectives align everyone at your company and focus collective effort on what really matters so that you can achieve your top corporate goals.
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How Goal-Setting Has Evolved In 50 Years
• Aligned, not just a stand-alone objective handed to an individual
• Company-wide Transparency, visible to all and not just by one individual
• An Objective can be set with several KPIs, not just one KPI
• Allows for cross-functional alignment, not just isolated in a silo
• Quarterly objectives (but weekly check-ins), not just once a year
• Progress updated with a “check-in” every week, not a few times a year
• Taps into the collective wisdom of the team, not just handed down
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7 Reasons Why Great Companies Use OKR Goals
1. Clear and Accurate Communication: inform everyone about what is truly important.
2. Focus: focus (and re-focuses) all effort on the key priorities that are the most important.
3. Alignment: align everyone at your company to work on the top objectives; break down silos.
4. Connect Employees: connect your employees’ work to your company’s mission - this impacts your employees’ performance and your company’s results.
5. Improve Continuous Learning: OKRs offer your company faster learning and improvement that drive better results.
6. Create Transparency and Accountability: OKRs bring transparency to your company and everyone can see what others are working on and this drives more collaboration and better performances.
7. Establish Measurable Progress Indicators that Drive Results: by establishing key progress indicators towards measurable results everyone in your organization can be clear on how to accelerate performance and driver results.
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How Using Goals Affect Organizations
• 74% - higher performance and results
• 76% - improved employee engagement
• 80% - better “manager effectiveness”
• 83% - employees clearly know top priorities
• 92% - better company-wide alignment
• 95% - more transparency, and…
• 97% - employees work harder when colleagues can see their goals
Sources: Atiim customer surveys; industry analysts, public data, Deloitte/Bersin
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Great Companies Use Objectives To Succeed
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About Atiim Inc.
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Atiim is an enterprise goals and performance management platform that transforms the way organizations and their people align and revolutionizes how companies work
to achieve maximum performance and stellar results.
Our mission is to make mid-market companies more: aligned, competitive, effective and successful.
(Pronounced: A-Team)
for OKR Goals & Ongoing
Performance Management#1