The startup ecosystem has come a long way in recent years. In India alone, an average of 1300 startups are registered every year, 70% of which are tech startups. According to a report by Nasscom, the investments in startups had crossed 4.4 Billion USD in May 2019. But, how many of these startups survive in… Read more
OKR is a way of life in business. As in life, you need periodic checks to make sure you are marching in the right direction. While you check-in more frequently, quarterly Reflect/Resets allow your OKRs to be reviewed holistically and adjusted for the next quarter. The key idea of Reflect/Reset is this — What are… Read more
OKRs are an amazing way to manage startups. How so? Well, let’s actually take OKRs and compare with the lean startup movement, to see how these two methodologies complement each other. We’ve already documented the OKR Payoffs in detail. They are summarized using the acronym FACTS. Core principles of the lean startup movement Now that… Read more
We’ve heard these phrases many times — think before you act, look before you leap, and so on. The key theme behind these phrases is Planning. Planning allows you to: Identify and define what you want to achieve How you are going to achieve the desired outcome? Essentially, what are the steps to get there?… Read more
Looking at the wide use of OKRs in business today, it’s clear to see that this goal management tool is as relevant today as it was more than four decades ago. Contrastingly, Performance Management initiatives such as Annual Performance Reviews have a dwindling presence in many Fortune 500 companies. OKRs Objectives and Key Results (OKRs)… Read more
Good OKR programs in any company can win a competitive advantage for the company in its own way, one of the main reasons being intense focus on corporate goals and team’s goals rather than that of individuals. You have to ensure that your OKRs are aligned with the strategy of the organization and then choose… Read more
Managers need a reliable method for syncing up with their teams to maintain forward momentum and productivity, no matter how large or small their company or project is. The progress, plans, and problems (PPP) framework is an effective status management method used by several hugely successful businesses, including Apple, Facebook, and Skype. This simple but… Read more
TL;DR Decision fatigue is a behavioral economics concept that describes the mental exhaustion people experience after making too many decisions, which leads to poorer judgment and impulsive or irrational choices. In the workplace, managers are especially vulnerable due to the constant stream of decisions they must make, such as evaluations, prioritization, and approvals. When decision… Read more
TL;DR The IKEA Effect shows that people value what they help create. In the workplace, engagement rises when employees actively participate in defining goals rather than simply receiving them from the top down. Bottom-up OKRs tap into this psychology by giving individuals ownership while still aligning with company priorities. When people build the goals, they… Read more
Every organization needs a governing and an operating support to manage the goals. So to manage the goal and to monitor the performance of the employee OKR tools has to be used, as it acts as a bridge between the strategy and the achievement of goals that disciplines the execution of ideas. Customers are the… Read more
TL;DR Employee engagement is driven less by salary alone and more by psychological factors such as recognition, fairness, autonomy, purpose, and trust. Behavioral economics explains that employees make decisions based largely on emotions rather than purely rational calculations, which means organizations must design workplaces that foster belonging, appreciation, and meaningful contribution. When companies align employee… Read more
A Product implementation team wants to provide an excellent implementation experience for customers.How can they measure if they are delivering excellent implementation experience? These are some potential indicators: