The history of Banking is dated back to 2000BC. The system has evolved multiple times and spread across the globe. Banking was first initiated for traders carrying goods between cities. The 20th century saw developments in telecommunications and computing changing the way work enabled them to spread globally.
Branches and ATMs have been increasingly available for people now. Mobile wallets are yet another revolution that the generations saw. Giants like Google, Apple and Amazon started their wallets and have increased the number of users and changed the way in which we were banking.
How Does OKR Software Help Banking?
Since banking is constantly evolving, one needs to stay focused and know what the priorities are. OKRs is one of the best frameworks that help in creating focus. The autonomy of the framework makes teams more accountable and committed to the OKRs they create.
As they have transparency through the framework, it also makes them engaged knowing that they contribute to the organizational goal
Objectives and Key Results (OKRs) have been around for over a decade and are a proven framework for many organizations. It gives teams and individuals clarity for the organization as to what is the destination and how to reach that goal.
Objective – Writing objectives will help us to identify “what” are we trying to achieve.
Key Results – Key results are the “How” that will help you achieve what.
It is a quantitative way of measuring organizational performance. Only the organization will know what its goals are. OKR framework helps them achieve the goal.
