Goal setting is extremely important for running a business. Having clear business goals gives direction to the leadership and employees to focus and align their efforts. Managing a business by objectives is a popular and effective strategy that has been in vogue for several decades. Objectives and Key Results (OKR) is a management methodology that has been popularized by tech giants like Intel and Google. OKR software solutions can guide businesses in planning, setting, and tracking of OKRs.
Need for OKR Software
OKRs have enabled many businesses to achieve ambitious business goals. OKR methodology has been adopted by some of the biggest and the most successful companies across the globe. Here is why you need OKR software tools?
- To be clear and effective in setting Business goals (objectives)
- To define and measure the team’s performance against objectives
- To increase transparency between management and teams
- To boost employee engagement and empowerment through goal setting
- To create a greater sense of accountability and purpose among employees
The whole idea of OKR software is to keep things simple and make goal-setting effortless. So it is important to choose an intuitive and effective OKR management platform that simplifies goal setting and tracking.
Requirements of OKR Software
So, what is it that we must look for while choosing an OKR software platform? Each business has unique requirements when it comes to choosing OKRs. Choosing OKR software must be done by comparing OKR software based on basic requirements that are listed below:
User Interface:
The user interface of the software must be clean, simple, yet attractive. The layout must be intuitive enough for a novice to operate it easily.
Usability:
the software must be easy to use. Onboarding new users, editing objectives, and updating key results must be a hassle-free affair. The software must provide technical support, user support, tutorials, and training. The existence of an online discussion forum for the software is an added advantage.
Features and functionality:
The best OKR platform must come with a rich feature set. Feedback and review tools must be available for evaluating performance against key results.
Value for money:
is the software a complete value for the investment? The price must be appropriate for the features, capabilities, and use cases of the software. There shoul