Business Goal Setting Worksheet vs OKRs

Business goal setting worksheets are a common way to set Objectives. In theory, worksheets help you keep an eye on your KPIs and goals and easily measure the impact your team’s work has. At the same time, they are not loved by employees. Worksheets sound like bureaucracy, like a task that forces one to waste time and fill up meaningless paperwork.

However, even digitized, they make little sense in an age where goal setting software offer companies the ability to use any goal setting methodology from anywhere. 

Most of the fast-moving companies have made a switch to lean and agile goal setting methodologies like Objectives and Key Results (OKRs)

What are OKRs?

At this point you might ask “What are OKRs?”.

OKRs allow you to set and communicate the most important goals in your organization in an organized, focused, and transparent manner. OKRs are especially good if your team is growing, your old methods just aren’t cutting it anymore, or you’re having an issue with reaching goals and with productivity. No matter your starting point, the main benefit of using OKRs is a unified company where everyone knows exactly what they need to get done and they feel motivated to do it. 

Benefits of the OKR system.

Here are some of the benefits of OKRs:

  • Know what’s happening

OKRs provide insight into what’s happening right now in your team or company and help you track company activities and report on progress. They bring your goals to the forefront and provide increased visibility.

  • Focus on What Matters

With OKRs, everyone can be aware of what needs to be accomplished each week and quarter. You can keep aspirational company and team goals in focus so everyone can plan their week with the company vision in mind and stay on track. 

  • Engage and Inspire

With clear priorities to focus on everyone will be more engaged and feel that their work matters. You will see a more productive company with employees who take initiative in their work!

  • Make Informed Decisions

OKRs allow you to be more data-driven and make informed decisions. By assessing the progress of your goals, you can monitor if you go off course and take initiative before any problems arise.

  • Align and Organize

OKRs help you stay more organized, focused, and aligned. By basing initiatives on higher company and team level goals, everyone’s work will be more focused and drive the company forward.

While using OKRs on a spreadsheet or documents provides these benefits, using an OKR software can provide even more benefits. It automates the process and provides additional features, which provides increased visibility and engagement that spreadsheets often lack.

Download “Step by Step Guide to OKRs” for free.

Forget the business goal setting worksheet.

With knowledge about OKRs, you can start taking your team’s goal setting to a new level. And you can use a OKR software like Weekdone.

Modern OKR softwares have many benefits compared to classical methods of goal setting used in bigger corporations. The most important of which is being employee-friendly. 

FIlling up a Weekdone report takes 5 minutes per week. Employees will save hours on reporting, status meetings and confusion. At the same time, managers get beautiful dashboard-filled reports that they can check online anytime they need. 

This goes to make sure everything your team is working on day to day, week to week and quarter to quarter, is up to date and transparent. And your employees will see it more as using a social network than filling up another pointless worksheet.

So, you are now ready to start using OKRs. It is time to sign up to Weekdone and test it out.