To thrive and survive in today’s dynamic and ever-changing business world, companies have to be able to quickly adapt to every market shift and find the answer to new challenges. At the same time, while making those adjustments, it’s essential to keep a clear vision and maintain focus on what’s really important for the organisation.
Of course, none of this is possible unless there’s an understanding on all levels of the organisation of the nature of common goals and clear communication throughout the company on how those goals should be achieved.
Keeping all teams aligned and working towards a common objective to achieve the desired result is rather challenging. Particularly in the current climate where remote working is more and more becoming a standard. However, achieving this is often the difference between success and failure.
As always, it’s a good idea to look into how the most successful companies overcome these challenges to keep all their moving parts in sync and capable of performing tasks properly and on time.
It’s no secret that a lot of the world’s biggest companies deal with these issues using the same goal-setting framework. Google, Amazon, Spotify, Twitter, Netflix, just to mention a few, all use OKRs as an instrument to set and align their goals and define the desired results.
Obviously, just by looking at the names on this list and their success, the OKR system is working. Below, we’ll explain what OKRs are, how they work, and how they can benefit the organisation.
