Businesses both large and small need to be agile in order to be successful in today’s competitive environment. However, many companies don’t know what tools to use when it comes to executing their strategy.
In this ebook, we outline the basic tools you and your team need in order to become an agile, iterative, fast-acting team that works in complete alignment.
OKRs, or Objectives and Key Results, is the goal-setting framework that industry leaders use in order to achieve more, more efficiently. This framework is just one tool in the arsenal of iterative business execution.
“Building a visionary company requires one percent vision and 99 percent alignment”
Iterative business execution is a business systems designed to address five core component of a successful, agile business. These five components are Strategy, OKRs, Tasks, Employee Engagement, and Employee Development.
Leaders commonly see a gap between their planned strategy and their actual execution. How do you avoid gaps? The answer lies in the tools you’re using to execute your strategy. Using OKRs to manage your goals and define concrete outcomes your team must focus on in order to achieve your goals can help you focus, measure, and achieve your goals.
OKR stands for objectives and key results. OKRs help teams and companies execute their strategic goals using a well-defined operational framework. OKRs are actively used by the technology titans revolutionizing our 21st-century world – Apple, Google, Amazon, Microsoft, Netflix, Twitter, and Spotify, as well as countless start-ups and innovative companies.