5. Increased employee
engagement
OKRs are designed to focus on larger
goals that require the contribution
of multiple team members and
functional areas. Having a multi-
alignment approach for goal-setting
helps connect all employees to the
company mission and vision, as
well to each other’s goals where
appropriate–thereby increasing
engagement and collaboration.
6. Autonomy and
accountability
Because company-wide objectives
are designed to include multiple
teams and employees, everyone
has a clear direction of what they
need to accomplish and their
measures for success. This method
holds employees accountable for
their roles and responsibilities but
provides them autonomy over their
day-to-day methods and workflow
processes.
7. Bolder goal-setting
One of the core foundations of
OKRs is the idea behind stretch
goals. When the company embraces
the idea of stretch, it empowers
employees to set bigger, more
audacious goals. Using stretch goals
(also known as “moonshot goals”)
helps employees stretch creative
limits and encourages them to set
bolder, more challenging goals that
help spark business innovation.
8. Agility and innovation
The cadence of frequent goal-setting
allows the broader business to come
together and align on progress and
identify new priorities. Additionally,
it allows teams to pivot direction
when needed. Shorter goal cycles
empower teams to quickly adapt to
new business realities and shifting
priorities, ultimately increasing
innovation and reducing wasted
time.
September
2022
8 Ways OKRs Help Businesses Grow
and Thrive
5