OKR (Objectives & Key Results) is an agile framework that enables the company to consistently pursue its vision throughout the organisation. Transparency, alignment, focus, commitment and stretch goals are the five superpowers of this method and in this article we highlight the superpower transparency, which above all promotes an agile and open culture in the company.
OKR understands transparency as the insight of all employees in the company into the goals, plans and connections of the strategic orientation, the achievement of goals as well as the transparent measurement of progress. As a consequence, all employees can follow the progress of the goals in “real time” on the basis of measurable, quantitative key results. However, this also means that setbacks or failures are dealt with transparently and the company must draw the right conclusions from them.
Are we on the right track or do we need to take countermeasures?
By and large, it is not only about measuring the output, but also about gaining insights from the measures in retrospect and adjusting them if the company does not achieve the desired result. Recognizing that a desired outcome is not being objectively achieved – and taking action to counteract it – can be just as valuable to a company as confirmation that it is on the right track.
In summary, transparency in OKR is more than just “we can talk about everything in our company”, but that all OKRs, including their implementation, are clearly visible to everyone in the company. In the next news articles we will discuss the further OKR superpowers. Please feel free to contact us to learn more about the OKR method.
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