There is a goal set for all the organizations to travel. The difference is how they try to achieve it. What happened in 2020 completely changed how most of the organization functioned. We are talking about the Covid-19 pandemic and the subsequent lockdown/curfew that the world government was forced to implement. Organizations had to then adopt a more remote-oriented approach to maintain their business functions as a result. Thus the saying “when the going gets tough, the tough get going” became pretty accurate. And acknowledging the fact that complete recovery from this pandemic is a slow and deliberate process, it may take a long minute before organizations can think of anything other than remote functioning.
Even when the time comes when we can go back, we may not completely do so owing to our now acquired awareness of the financial gain and functional ease that working from home offers. So considering the situation, how can organizations improve their remote performance? And how can they measure performance in such a template? To which the answer is an efficient OKR tracking software that allows your organization to execute the OKR management methodology. Then the question is, how can OKRs increase remote performance?
This article answers that very question with definite clarity and even gives out the recommendation for the best OKR software at the end for organizations looking for remote management.
What are OKR Benefits?
Objectives and Key Results (OKR) is a management methodology employed by tech giants like Google, Spotify, Airbnb, Uber, and Twitter, etc., as well as small startups and SMBs like Myelin Foundry, Wysa, etc. because they attain benefits such as:
⦿ Informs employees about the organizational objectives concerning their varying importance.
⦿ Aligns the individual progress of the employees with that of the organization’s business strategy.
⦿ Motivates employees to work to the extent of their ability to achieve the company goals.
⦿ Enhances the collaboration between employees and the business managers
⦿ Simplifies tracking and measuring of the objectives with OKR tracking software
⦿ OKR benefits translated in remote performance
#Steps to start OKRs for your remote teams
⦿ Communicate the organization objective through OKR software
⦿ Guide teams to set their department OKRs and team OKRs to align with the organization objective
⦿ Focus and prioritize objectives that matter to business
⦿ Create check-in habits
⦿ Monitor and review regularly
⦿ While the objectives are transparent that is the first way to earn trust from the team.
Relationships are built on information. So when an organization shares information without holding anything back, it showcases its trust in its employees. This empowers employees to work to their best as trust is a really good motivator. Even a traditional work environment (which we knew before) can be elusive on clarity about responsibility and priorities. So think about how impacted it can be in an environment where the employees are dispersed and remote. The best OKR software provides clarity for the employees on the organizational goals and helps them understand the success through its key metric system.
Information builds relationships, but they are strengthened through collaboration. The OKR management practice makes sure that the efforts of the employees are aligned with that of the whole business. Two-three decades ago, the idea of an organization working remotely was an impossible concept to comprehend. If it had been implemented, it might not have been the success it is today. But that is not the case now, and that is most definitely not the case for businesses implementing OKR. In the OKR organization, the senior manager would set the top-level OKRs, and the teams, with collaboration with their managers, define their OKRs. The individual and team goals are aligned with the objective of the business itself. This had brought practicality of remote operation for organizations even for an organization with multiple teams. The OKR framework enables both top-bottom (useful for the lower level of the business) and bottom-top alignment (useful for top-level).
#Keep the OKRs Quantifiable
The traditional working environment was restricted to work time. At the same time, remote working for the past year or so has taught organizations that working from home can also be a more result-oriented entity, which was a welcome surprise. The clearly defined objectives and key results in OKR are meant to measure the results for the organizations. The performance metric in OKR like its dashboards, tracking, and reporting features have measured the success of your goals. If you are reaching 100% of the goal means that the goals must be more challenging. The aim should always be to achieve 60% to 70% as per OKR philosophy.
⦿ Few pitfalls to avoid
⦿ Setting OKRs and forgetting
⦿ Creating OKRs that measures tasks
⦿ Don’t keep too many objectives