Do you think you know much about OKRs? You might have read our resources on Objectives and Key Results. Or you might have seen some of our blog posts about the benefits they have. Maybe you’ve read our ebook “Step by Step Guide to OKRs” or taken a look at the FAQ. Now is the time to see how much you know and try out our OKR Quiz and win some rewards.
The Basic Benefits of OKRs
According to the OKR FAQ (where all the answers to the quiz are), Objectives and Key make up a system that shows how everything one person does connects to the work of others. This works on a personal, team, and company level. If everyone knows how their work matters, it increases overall engagement, motivation, and determination. It's a psychological effect: no one wants to be the weakest link, so they’ll try harder.
For team members and employees, some of the benefits include:
- Doing more by doing less;
- Being heard by your leader;
- Getting praise and hearing from your co-workers;
- Having a lightweight task manager for big goals and weekly objectives.
For leaders and managers, the benefits are:
- Quickly knowing what's happening in a team;
- Increasing productivity;
- Making better more informed decisions;
- Guiding your people and giving feedback;
- Measuring work satisfaction.
Getting started with goal setting.
Often a goal setting system fails because while managers like it, employees won’t come on board. They are either very keen on old systems (especially if the system is “no system;”) or employee feels that learning a new system is a waste of time. However, companies need some sort of management system.
OKRs are designed so that everybody in the team would have a clear understanding of the big picture and knows what the indicators of success are. When everyone knows how their work matters, it increases overall engagement, motivation, and determination. And Objectives and Key Results is one of the easiest and user-friendliest system out there.