Why have OKRs (and OKR software) become the modern-day goal setting methodology of choice for so many companies? The system has been in place at Intel since the mid-1970’s under Andy Grove. Perhaps it’s due to John Doerr’s latest book, “Measure What Matters,” or “Objectives and Key Results, Driving Focus, Alignment, and Engagement” by Paul Niven and Ben Lamorte, or the number of OKR experts recommending its application.
Maybe the rapid rise in popularity is due to the companies who have already embraced OKRs and experienced such remarkable results: Intel, Google, Intuit, LinkedIn, BMW, and Walmart.
In this article, we will articulate some of the key features you should be seeking in an OKR Software provider as we approach 2019.
Some Key Features You Will Want in Your OKR Software
The majority of OKR Software providers are still relatively young companies, formed to meet the rising demand of organizations moving to the OKR protocol. Best in class suppliers will feature:
- The ability to set, track, monitor, and score OKRs at every level of the organization
- Automated prompts for Check-Ins, 1 on 1’s, and progress reports
- Analytic reporting tools
- 360° visibility of all OKRs, company-wide
- Mobile applications
- Integrations with other apps
The software is designed to help create alignment, increase employee engagement, improve communication, and foster collaboration.
Second-Generation Software Platforms for 2019
One very important element to consider is that the software you choose must be able to manage the human side of the protocol, CFRs, (Conversations, Feedback, and Recognition). The two functions, OKRs and CFRs are mutually reinforcing. CFRs are a “must do” in an OKR environment.
Another consideration is that as we approach 2019 many companies are introducing second-generation software solutions. Some key advanced features we recommend you research:
- Simpler, more intuitive applications to manage the process, the key to engagement
- “Single pane of glass” features to set, track, and manage OKRS at scale
- The capacity to manage and store feedback from Conversations and Feedback
Significant progress is being made in OKR Software reporting. Best in class applications now have sophisticated drill-down charts on OKRs: progress towards objectives, OKR timing, ownership, “at risk” Key Results, and so much more.
We hope this article has helped to highlight for you some of the features and attributes available from OKR Software platforms today.
Do you manage a company or teams (either as a CEO, a senior executive, a middle manager or even a front-line manager)? Do you set and track objectives? Does aligning employee performance to business goals matter, and are you responsible for driving results? If so, please check out a live demo of Atiim OKR & Goals Management Software and we’d love to hear what you think about it. Thank you!