Importance of Objective Key Results for Organisation

Career Growth Tips and Success Strategies in India: The Power of OKRs

As you work towards achieving your career goals, it’s important to have a clear understanding of what is expected of you and how your progress will be measured. This is where Objective Key Results (OKRs) come in, as an innovative management tool that aligns the vision and work of the entire team, including leaders.

OKRs define specific goals for employees and set standards or key results that will portray progress. They are not just a set of to-do lists, but rather something that involves a strong commitment from everyone involved. They are specific, clear, and provide a bigger picture of what is expected of employees.

OKRs are inclusive and everyone in the organization is part of them, making them accountability and transparency tools as well. They are not meant to replace review systems and other employee evaluations, but to enhance them by providing a more specific and measurable framework.

While implementing OKRs in a start-up may be easier than in a well-established entity, it is still important to ensure that everyone understands the importance of the tool and is committed to using it. It is also important to identify a champion for each Key Result in different departments, to ensure that there is someone responsible for driving progress towards the goal.

To learn more about OKRs, check out Vidya Santhanam’s video on the topic. Vidya is the co-founder of Fitbots, a SAAS platform for performance management and engagement check-ins, and has extensive corporate experience in performance management and recognition practices. She believes in scaling not only team and their mindsets but also oneself, making her an expert in the field of OKRs and career growth.