— Pablo Picasso
Goal setting is a very important activity and takes a lot of time, effort and strategy. Everyone in the organization (including leaders and management) is responsible for executing them. Organizational goals are critical to ensure everyone is aligned to the organisation’s mission and vision. These goals provide direction and unify people to achieve the desired results.
In this plan, you will learn:
- The need for organisational goal setting
- OKRs - a framework to establish a clear path to success
- Examples of OKRs
- The pitfalls to watch out for
Before we go into the specific techniques / processes to set organizational goals, it is important to understand (and be fully convinced) the need for such goals; how these goals motivate employees; and discover the essential ingredients.
OKR is a goal management framework that organisations such as Google, Adobe, Intel, Oracle use to achieve great success. In OKRs, two simple yet powerful concepts make everyone work on their goals with laser sharp focus. The two concepts are: Objectives(O) & Key Results (OKR)
Need inspiration to create your own OKRs? In this section, you will find several examples of OKRs for all levels of organization and across many departments (marketing, engineering, sales, finance, operations etc).
By now you know why goal setting is important and why OKRs are extremely useful in achieving the goals. You know What To Do. Now its time to know What Not To Do!