Objectives and key results (OKRs) is defined as “a framework for defining and tracking objectives and their outcomes.” It is a framework that serves as a continuous performance management solution. A common measurable question that results in a numerical value using the OKR platform is, “Did I perform this specific action, Yes or No? It is a simple question that can easily be answered without judgment. Combined with other tracked objectives, these measurable outcomes display a wealth of information. The results are used to identify initiatives that support towards achieving goals while promoting company growth.
In a recent article dated June 18th of 2019, we take a look at an article that describes “best practices for managers” to lead a successful OKR program. The article begins to describe that one of the vital points in a successful OKR program is its managers.
The first practice mentioned is “setting priorities”. The article states that during this time in setting priorities, managers should create, review, and “finalize a checklist”. This checklist involves reviewing company objectives, planning, and supporting initiatives that work towards those company objectives. The article then moves on to discuss other practices such as “monitoring progress,” “staying focused,” and “feedback”.
Betterworks is a company who provides a platform for managing collaborative goals, strategic plans, and continuous performance management driven solutions. As previously discussed, OKR is one of the services offered by the company. Founded in 2014, the company is headquartered in Redwood City, California. In addition, the company also has an office located in New York.
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When a corporation seeks to line up with social responsibility everyone benefits! Adopting an agenda of corporate social responsibility is an ethical agenda. It helps people, causes, and business concerns in so many ways. The focus on social responsibility has progressive outcomes in all areas of company management. For instance, it provides training programs which benefit the skills of employees. Some of the best practices for CSR or Corporate Social Responsibility include improving job quality, and employee participation. It helps employees feel part of the company. When the public sees the moral justifications of social responsibility the more the people want to come on board!
Additionally, when corporations care about the work environment, and the lives of employees their reputation becomes a valuable testament. It becomes a study in magnanimity! Employees work more efficiently when they know their company cares or supports certain labor issues. It remind us of the nineteenth century document called “Rerum Novarum.” This famous document reminds us of the Rights and Duties of Capital and Labor. It addressed issues of the working class and the position of capital labor.
Well, it is the twenty-first century, and there happens to be a good working alternative or helping platform for corporations; it is called Betterworks! Betterworks can create an atmosphere of genuine concern and trust for your corporation. The availability of services Betterworks provides are not only affordable, but well worth it! It makes the idea of capitalism and corporate growth include a sense of ethical morality. It helps in marketing, when the public knows you practice humane policies.
Did you know Betterworks knows how to motivate your employees? It provides an engaging operational plan for your business, along with a program to engage employee feedback. Having a voice in company operations is a good motivator. It helps in goal setting! These are crucial topics in performance and development. Betterworks knows that employees are a corporation’s greatest asset!
Now, Betterworks offers cloud based software which provide information to understand how the operational needs of the company are addressed. Employees provide feedback, goal setting, and have a say in the methodology and company practices. Betterworks offers a trial period; it is a fantastic service.
Lastly, Betterworks is strategic and keeps the conversation going between management and workers. It is a new technology which benefits both sides. Yes, it increases employee retention, and efficiency. Guess what? Both sides are listening!