Discover curated, free whitepapers, guides and templates about OKRs in the Workpath Library. Furthermore, you can expect exciting interviews, guest contributions and other insightful articles in the Workpath Magazine. Learn from the best practices of experienced OKR practitioners and stay up-to-date on OKRs, agile transformation and strategy implementation.
The OKR Cycle: To really make OKRs work, the process component of the framework is just as important as its different parts (e.g. Objectives, Key Results) and the different roles (e.g. OKR Coaches, Program Leads). The process component of the framework is also called OKR Cycle. It describes a sequence of different events that ensure
of goals and the overall strategy execution. A clearly defined OKR process with regular events to plan, align, update, reflect and adjust is the heart of a successful agile goal and strategy execution system.
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The Complete OKR Guide helps you to understand what you need to know about OKRs. Find out everything from a detailed definition over OKR examples and the most frequently asked questions to reasons why you should start working with OKRs.
There are plenty of reasons why OKRs are important for you and your company. We have put together an overview about the most important reasons to implement OKRs below.
OKRs help you to create a more frequent rhythm of strategic planning, learning and adopting based on your experience. This will help you to improve performance faster.
OKRs help you to shift from output to outcome orientation, improve measurability of success and let you focus on customer and business value right from the beginning, when you set your goals.
Create transparency and clarity for teams about their strategic contributions. Help them to know exactly how they contribute to strategic goals to increase their sense of purpose and engagement.
Involve every team in the strategic planning process and benefit from their additional customer insights. Make your strategy development as customer centric as never before.
Allocate your resources to the right strategic priorities and increase portfolio efficiency every cycle. Decrease the time-to-result for every strategic investment.
Increase the strategic impact of operative teams. Create more strategic focus in your daily work activities by creating the connection between them and their contribution to goal achievement.
Create fast improvement cycles iteratively integrating learnings from operative work into strategic decisions. Know when to course-correct, make strategic success predictable.
Eliminate gaps and friction between strategy planning and execution. Make all steps of the value creation smoothly integrate with each other.
Continuously develop for better strategy execution. Generate learnings about the friction between value streams and the organizational structure. And become as fluid as today‘s market demands.
Next to OKRs there are a lot of related frameworks concerned with performance management and the strategy execution process. To not get lost in the framework jungle, we have created a brief overview.
While Hoshin Kanri focuses a lot on formulating and structuring strategic goals, OKRs offer a more holistic process model. Listen to this Superkinetics episode (ger) to learn more.
OKRs and SAFeⓇ work with closely related principles, which is why they perfectly complement each other. Use OKRs to enhance alignment in scaled agile environments.
OKRs are a great complement to OGSM. OKRs take the strategic OGSM framework and provide the necessary strategy execution process for it.
OKRs and KPIs are two sides of the same coin. While KPIs serve you as a lag metric, OKRs are the lead metric of your success. learn more about OKRs and KPIs in this article.
OKRs and BSC are both concerned with strategy execution. However, OKRs take a less administrative, more engaging and inclusive approach. Listen to this Superkinetics episode (ger) to learn more.
While OKRs are an encompassing strategy execution and goal management framework, Smart goals give you guidelines on improving goal quality. Their principles fit together well.
