How Bosch profits from OKR-based Outcome Management - with Workpath

Workpath provides a way for organizations to navigate change. Our OKR platform helps you maintain focus and direction even during uncertain times.

Please choose: Do you already use OKR or Workpath?

Dennis Boecker

Global IoT Innovation Lead

Workpath is a great tool that helps to better facilitate the OKR process. They provide a wealth of content, trainings and support on where to start, what to focus on at each stage of the OKR process and how to adapt the whole process to our organization. This makes them a very valuable partner to excel at strategy execution.

Learn how Bosch Emerging Markets used Workpath on their way to become a High-Performing Organization
benefits

How Bosch's OKR process benefits
from Workpath support

Leaders play a crucial role in championing the system, setting clear strategic objectives, and ensuring employees understand and commit to these objectives.

Without their active participation, it becomes difficult to foster a culture of transparency, accountability, and engagement, which are essential for the success of an OKR program.

Output-oriented OKRs tend to focus only on measurable tasks, neglecting the broader strategic goals and outcomes that drive real value. They can lead to a narrow view of success and encourage short-term thinking rather than fostering innovation and long-term growth.

Workpath provides your teams with the right support and tools to create high quality OKRs!

Effective OKRs should focus on achieving broader outcomes or impacts that align with the Bosch's strategic goals.

When portfolio management is heavily output-focused, it can be difficult to formulate and align OKRs that effectively capture the desired outcomes, which may result in misalignment and ineffective execution of strategic initiatives.

customers

Workpath is trusted by leading enterprises
for OKR-based strategy execution

Metro LogoDB Schenker LogoEon LogoStröer LogoBosch LogoScout LogoPeek & Cloppenburg Logo
the proof

Companies that use Workpath usually* achieve:

30%

higher likelihood of
achieving your goals

15%

less resources spent on strategically
less relevant projects

23%

faster goal achievement
on average

*Data from the Workpath study "Quantitative Evidence on the Behaviors of High-Performing OKR Teams", 2023

creating success stories

What's the ROI of Workpath?

Typically, ambitious projects, such as cost-reductions, have a 50-60% risk of not making their goals. We help organizations decrease that risk significantly. Discover how we could potentially help a global supplier of technology and services like Bosch decrease the risk of not attaining their goal by 27% and secure €40.5M!

The challenge

Imagine corporate headquarters decides to achieve cost savings of 500 million euros in the DACH region over the course of 2 years. Given past experience, the probability (risk) of not achieving this target is estimated at 30%.

The main issues preventing the achievement of the target are the focus and alignment of the teams.

The solution

Using Workpath’s expertise in Outcome Management and its tool, the organization could easily:

  • allocate teams and resources on specific cost-reduction initiatives
  • improve communication between teams regarding focus areas
  • course-correct every 1.5 months as goal progress status was analyzed.
The outcome

Through increased bottom-up contributions and transparency, the enterprise can potentially decrease its risk of not making its goals by 27% in the span of almost 6 quarters, thus saving an additional €40.5M.

Ying Deng

Agile Coach
Bosch Power Tools Emerging Markets

Workpath makes it very easy to connect and access the different OKRs of an organization. Everything is just a click away. This kind of convenience to create transparency convinced us to go with the platform.

Learn how Bosch Emerging Markets used Workpath on their way to become a High-Performing Organization
Dennis Boecker

Global IoT Innovation Lead

Workpath is a great tool that helps to better facilitate the OKR process. They provide a wealth of content, trainings and support on where to start, what to focus on at each stage of the OKR process and how to adapt the whole process to our organization. This makes them a very valuable partner to excel at strategy execution.

Learn how Bosch Emerging Markets used Workpath on their way to become a High-Performing Organization
benefits

Learn about the benefits of OKR-based Outcome Management in times of uncertainty

OKR stands for "Objectives and Key Results" and is an agile leadership and goal management framework. It is used to set ambitious goals (objectives) that deliver measurable results. OKR can help to bridge the strategy execution gap as the framework links strategies to outcomes and improves transparency, alignment, and employee engagement.

For more detailed information, check out our extensive OKR knowledge page!

In times of uncertainty and change, OKRs can help Bosch stay focused and aligned with its most important goals

Reach your goals faster and
with less risk

OKRs provide clear, measurable goals for everyone in the organization. This drives alignment and accelerates achievement of objectives. Key results also serve as a risk management tool, facilitating progress tracking and timely adjustments.

Identify waste in your project portfolio and adjust fast

OKRs help Bosch pinpoint inefficiencies in their project portfolio. Key results allow easy identification of underperforming projects. Regular OKR check-ins enable fast decisions on resource allocation for maximum impact.

Don't let restructurings slow down your strategy execution

During change or restructuring, OKRs offer a stable framework focusing on end goals, maintaining strategy execution speed. Regardless of changes in roles or team structures, the objectives remain consistent. OKRs foster a culture of flexibility and adaptability, valuable in times of change.

customers

Workpath is trusted by leading enterprises
for OKR-based strategy execution

Metro LogoDB Schenker LogoEon LogoStröer LogoBosch LogoScout LogoPeek & Cloppenburg Logo
the proof

Companies that use Workpath usually* achieve:

30%

higher likelihood of
achieving your goals

15%

less resources spent on strategically
less relevant projects

23%

faster goal achievement
on average

*Data from the Workpath study "Quantitative Evidence on the Behaviors of High-Performing OKR Teams", 2023

creating success stories

What's the ROI of Workpath?

Typically, ambitious projects, such as cost-reductions, have a 50-60% risk of not making their goals. We help organizations decrease that risk significantly. Discover how we could potentially help a global supplier of technology and services like Bosch decrease the risk of not attaining their goal by 27% and secure €40.5M!

The challenge

Imagine corporate headquarters decides to achieve cost savings of 500 million euros in the DACH region over the course of 2 years. Given past experience, the probability (risk) of not achieving this target is estimated at 30%.

The main issues preventing the achievement of the target are the focus and alignment of the teams.

The solution

Using Workpath’s expertise in Outcome Management and its tool, the organization could easily:

  • allocate teams and resources on specific cost-reduction initiatives
  • improve communication between teams regarding focus areas
  • course-correct every 1.5 months as goal progress status was analyzed.
The outcome

Through increased bottom-up contributions and transparency, the enterprise can potentially decrease its risk of not making its goals by 27% in the span of almost 6 quarters, thus saving an additional €40.5M.

Ying Deng

Agile Coach
Bosch Power Tools Emerging Markets

Workpaths makes it very easy to connect and access the different OKRs of an organization. Everything is just a click away. This kind of convenience to create transparency convinced us to go with the platform.