TL;DR OKRs (Objectives and Key Results) provide a structured framework for goal setting and achieving measurable outcomes. Profit.co’s OKR software helps organizations set SMART goals, align them with tasks, engage employees through recognition, and enhance performance management. By focusing on clear objectives, measurable results, and continuous reviews, OKRs foster alignment, accountability, and business growth. Objectives… Read more
What is Employee Recognition? Employee recognition is to openly acknowledge the employees’ contributions and appreciate them for it. Recognition can take many forms. The organization needs to choose the right form of recognition program, for it is a key factor that drives employee engagement within the workplace, boosts productivity and employee retention; all of which… Read more
Human resources are among the top assets of an organization. Without the right employees with suitable skill sets in the right positions, the organization cannot meet its goals and move in the right direction. Once the organization gets a potent workforce aligned to its goals, it is easier to set high targets, constantly innovate and… Read more
IntroductionIT security management describes the structured fitting of security into an organization. It specifies the aspects of establishing, implementing, operating, monitoring, reviewing, maintaining and improving the Information Security Management System within the context of the organization’s overall business risks. The Information Security Management aims to ensure the confidentiality, integrity and availability of an organization’s information,… Read more
IntroductionProcurement, as a function, is an evitable aspect of all business organizations. A procurement process is a series of steps that an organization identifies and follows in order to obtain goods or services for fulfilling its business goals and objectives. So while planning for a procurement, it is critical to foresee and prepare for the… Read more
A successful program is measured based on delivering positive results leading to business outcomes and many organizations tend to utilize KPIs to evaluate the performance of the Project Management Office (PMO). They might follow the project management process but they ignore reviewing the business outcome of their efforts. Gartner, says that “Not only do PMO… Read more
Information technology is a fast growing industry where innovations take place at a rapid pace. According to the World Economic Forum, the US leads in the discovery of new trends simultaneously in the technology industry contributing to a major portion of its GDP. IT sector offers a plethora of services to support various businesses while… Read more
What is the Commitment Effect? When you make a decision on an idea, and then a more efficient, innovative alternative comes along, what do you do? Do you stick with the original decision, or adapt with new information? While you might think everyone would adapt, according to the commitment effect, that is not the case…. Read more
Why do customers return to the same brand over and over? Why do managers select one employee above the others to handle important projects? Why does one positive experience inform a nearly unshakeable opinion? This phenomenon is explained in behavioral economics— it’s called the halo effect. Generally, the halo effect refers to a specific aspect… Read more
Employee engagement is a workplace concept that aims to understand the relationship between the employee and the organization. Engaged employees go above and beyond because they care about the organization and are committed to it. Businesses often forget about the culture, and ultimately, they suffer for it because you can’t deliver good service from unhappy… Read more
Any time you think about achieving your company goals, one question that will pop up is how engaged the employees are. This is because their engagement plays a critical role in productivity and revenue growth. Measuring employee engagement gives you baseline data that enables you to track any changes or responses to different initiatives you… Read more
Keeping employees motivated, inspired, and productive in today’s age of social media, remote work, and the uncertainty of post-COVID times is more challenging than ever. First, you’ve spent all this time recruiting and hiring. Now, you’ve got to figure out the best way to keep the people at work, doing their jobs in the best… Read more
