Translated from Português (Brazil) • View original The use of OKR has been growing with each passing day, becoming an essential tool for companies that want to manage their goals and achieve them more easily. However, many companies are still in the process of getting to know the system and this moment can end up being marked by several confusions and not so assertive decisions. With that in mind, we have prepared complete content about the common OKR mistakes that need to be considered at the beginning of this cycle.
What is OKR?
First of all, it is very important that you know what OKR is. OKR, Objectives and Key Results, is a management system used by companies today. In a summarized and simplified way, it is possible to say that this is an ideal formula to define the goals of a business in the clearest possible way for everyone involved in that process. Such objectives can be achieved individually or collectively.
How does OKR work?
For the OKR methodology to be successful in your business, it will be necessary to establish clear and ambitious short-term goals and objectives, as they will be measured periodically. After a while after the emergence of the method, a formula was created to help Google set goals and it is: I will (Objectives) measured by (Key Results) In more detail, a good goal should indicate what the company will accomplish and the way it will measure its achievement. With this, companies started to mirror this formula, finding a new way to achieve their goals.
Top mistakes when setting OKR
Now that you know what OKR is and how it works, here are the main mistakes that can be made when defining it:
Confusing the description of objectives with the key results
They are distinct items and, because of this, they need to be done in different ways. This is because while the objectives represent the goals described in an inspiring way, the key results are the measurable deliverables, which must be carried out for the objectives to be achieved.
Pay attention to the quantities
It is very important to select only the priorities when establishing the goals you want to achieve. At this point, it is not the quantity that matters, but the main needs that your company has at the moment.
Forget the waterfall model
As part of agile methodologies, OKR does not follow the waterfall model, that is, waiting for one result to be achieved to start another.
Little follow-up
Monitoring all OKR steps is as important as any other requirement defined before. This is because with it you will have an idea if the processes are done correctly and if there is a chance of achieving the objectives set.
Hire Colorkrew's OKR software
If you want to have quality OKR software in your company, then visit the Colorkrew website. There you can hire the tool, in addition to having the help of our team of experts to answer all your possible questions. Contact us and request a 30-day free trial.